What is Supplementary Retirement Scheme (SRS)?

The Supplementary Retirement Scheme otherwise known as the SRS is a voluntary scheme that encourages savings on top of the mandatory CPF amount. The SRS contributions are tax exempted and upon withdrawal after retirement, only 50% of the withdrawn amount is taxable.

SRS members may also invest their SRS savings into investments such as Unit Trusts.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)