In our previous article, we shared a simple guide of how you can identify types of products to suit your retirement needs. In the next section, we give an overview of some Single Premium Retirement Income Plans that allow you to grow your SRS (Supplementary Retirement Scheme) savings Here are 3 SRS-approved Single Premium Retirement […]
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Learn How To Save On Taxes With SRS Here
This article is a continuation of our earlier piece on how to save on taxes using SRS. Funds in the Supplementary Retirement Scheme (SRS) can be invested into a wide range of instruments such as shares, unit trusts, insurance, bonds and fixed deposits. Or you can simply leave your SRS monies in cash, which is […]
It is the time of the year when the focus is on the Supplementary Retirement Scheme (SRS) again as the deadline for contributing to the SRS draws closer. Despite the benefits that come with the Supplementary Retirement Scheme (SRS), it is often overlooked as some find it difficult to understand how the scheme works. In a snapshot, […]
Now is the best time to save more and pay less tax. The Supplementary Retirement Scheme (SRS) was started in 2001 and the scheme has been getting popular. When you contribute to your SRS account, you enjoy the same dollar amount which you have contributed in tax relief for your following year’s income tax assessment. Thus, the […]
