SRS was a topic I used to blog about pretty often.
I have not been blogging about it as much since I have not been making contributions in recent years.
Reason is because I no longer pay income tax.
See:
Income Tax payable?
If we are still paying income tax, contributing to our SRS account makes sense to enjoy some tax relief.
Of course, we want to put our SRS money to work or we would get a very miserable interest rate.
For many years, I used the SRS money to buy plain vanilla endowment policies.
They were savings plan with some insurance thrown in.
In fact, I still have one or two of those with NTUC Income using SRS money.
In recent months, I also used the money to buy T-bills with yields being so much higher than a couple of years ago.
Dividends paid by my investments in stocks using SRS money are used for this purpose....