Why Contribute to SRS?

Boost Your Retirement Savings with SRS Contributions

Wealth Generator

As the year draws to a close, it’s time to revisit a smart financial move that could save you money — contributing to your Supplementary Retirement Scheme (SRS) account.

Why Contribute to SRS?

1. Enjoy Tax Relief: Every dollar you contribute to your SRS account reduces your taxable income. For Singapore tax residents, this could mean significant tax savings.

2. Grow Your Wealth: Funds in your SRS account grow tax-free until withdrawal. This allows your investments to compound over time.

3. Flexible Investment Options: You can choose from various investment products, including stocks, bonds, unit trusts, and insurance plans.

4. Retirement Readiness: Build a more secure retirement while enjoying tax breaks today.

Contribution Limits

• Singaporeans & PRs: Up to $15,300 annually

• Foreigners: Up to $35,700 annually

Important Deadlines

✔️ Make your contributions by 31 December each year to qualify for tax relief in the current assessment year.

Smart Money Tip:

Contributing to your SRS isn’t just about tax savings—it’s about securing your future while taking control of your financial destiny. Small steps today can lead to big rewards tomorrow.

Ready to boost your retirement savings? Act now before the year ends!

Need help with retirement planning? Let’s discuss your options today!