Using the SRS to Your Full Advantage

Print

The Supplementary Retirement Scheme (SRS) is a little known voluntary scheme introduced to encourage Singapore residents to save to supplement their CPF retirement savings.

 

The Sunday Times on 15 Nov 2009 carried an excellent article on fully utilizing the SRS as a retirement and tax planning tool. We summarize the key points of the scheme here.


Positives


Negatives


To maximize the benefit


How to participate

Open an SRS account with DBS, OCBC or UOB. There is no charge to open an account. 31 Dec is approaching fast!


Newer news items:

Last Updated ( Sunday, 21 March 2010 05:13 )