Are you wondering whether you should open and contribute to a Supplementary Retirement Scheme (SRS) account?
In this post, you’ll learn:
- Why prioritising your CPF contributions might be the best first step
- The tax benefits of contributing to your SRS account
- Who should consider opening an SRS account
- How to make the most of your SRS investments
- Practical steps to open and manage your SRS account
I’ve navigated the financial planning landscape myself, balancing CPF and SRS contributions to maximise my retirement savings and tax benefits.
It’s a path that many Singaporeans find confusing, but it’s crucial to get it right for a secure future.
Curious to see how you can make the most of your retirement savings?
Keep reading to discover the best strategies for your financial future.
What is the Supplementary Retirement Scheme?
The Supplementary Retirement Scheme (SRS) is a voluntary scheme designed to encourage individuals to save for their retirement, complementing the mandatory CPF savings contributions....
