SRS Webinar: How to Save on Taxes, Multiply Your Savings and Beat Inflation

It is important to plan for a good retirement so you can enjoy the rest of your golden years. With SRS, not only can it help you multiply your retirement savings, but it also allows you to save on taxes and beat the ever-rising inflation!
15 November 2022

About this event

With rising prices and longer lifespans, many Singaporeans may be worried whether they can retire well. As the saying goes, if you fail to plan, you plan to fail. It never hurts to start early, and you can improve your chances of a good retirement with the Supplementary Retirement Scheme (SRS).

Set up in 2001 to supplement the CPF, the SRS is a voluntary scheme which offers attractive tax savings. But as of end 2021, there were less than 300,000 SRS accounts, and about a quarter of the SRS savings were held in cash, earning just 0.05% each year.

If you leave your SRS funds idling in your SRS account, they will only be gnawed away by the rising inflation (7.5% as of August 2022)

If you’re keen to find out how to save and grow your monies with SRS, tune in to our SRS webinar: How to save on taxes, multiply your savings and beat inflation!

Date: 15 November 2022 | Tuesday | Time: 7:30pm – 9:00pm

Topics covered

  • What is SRS
  • The difference between SRS and CPF
  • How SRS offers you a chance of good retirement
  • Step by step guide on how SRS works – from opening an account, to investing, to withdrawal
  • Investing 101 and the benefits of low-cost, long-term, diversified investments

Furthermore, stay tuned for our special guest speaker who will be sharing on his personal SRS journey 😉.

Exclusive Webinar Highlights for Attendees

Get up to $500 FairPrice E-vouchers* when you invest your SRS funds with MoneyOwl!

This promotion is valid from 12 October to 31 December 2022. Limited to the first 400 eligible clients. *T&Cs apply.


About the Speaker

Daphne Lye, Lead, Solutions, MoneyOwl

With over 15 years of experience in communications, Daphne is currently the Solutions Lead at MoneyOwl, overseeing the Investment and Financial Literacy portfolios. Her job is to help ordinary Singaporeans get access to high quality, comprehensive and unbiased financial advice, as well as educate them on the benefits of low-cost, diversified, long-term investments so that everyone can make money decisions easily and confidently to live their best life.

Her previous role was at CPF Board, where she spent 12 years digesting and breaking down intricate policies and concepts to help Singaporeans understand CPF to achieve a better retirement. As the media relations specialist for CPF schemes on retirement, healthcare and investments, she implemented communications strategies to explain changes, manage public perception, and gain public trust and confidence in the CPF system. Prior to that, she was at International Enterprise Singapore, now known as Enterprise Singapore, to help Singapore enterprises expand into overseas markets such as China and Vietnam through working with local, international and trade media.

Daphne holds a Bachelor of Social Sciences with Honours (First Class) from the National University of Singapore. Besides her role at MoneyOwl, her other job is being mum to three girls, who collectively make her work harder than her full-time profession.

If you’ve missed our previous webinars, check them out here: https://www.moneyowl.com.sg/events/

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