Personal Finance
Supplementary Retirement Scheme (SRS) Complete Guide [2023]
By Beansprout  •  December 9, 2023
Discover the benefits of Singapore's Supplementary Retirement Scheme (SRS) in our comprehensive guide. Learn how SRS can help you secure your financial future with tax advantages and smart investment options. Explore eligibility, contributions, and withdrawal strategies today. What happened? It’s the time of the year to do your tax calculations again. If you are keen to tap on the Supplementary Retirement Scheme (SRS) to enjoy tax relief, don’t forget to do so by 31 December 2023. In this comprehensive guide to the SRS, we are going to share more about how the SRS works, and what you should consider before you top up your SRS. Read on to find out how you can use the SRS to reduce your tax bill and plan for your retirement at the same time. What is the Supplementary Retirement Scheme (SRS)? How does the SRS work? The Supplementary Retirement Scheme, or SRS, is a voluntary savings scheme that encourages you to save for retirement...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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