Do $1 top-up to SRS now (to lock in retirement age) or end of year when banks have promo.
Depends on where you going to invest your funds later.
CPF
4% guaranteed
Narrower scope of investment
Cannot withdraw until 55
SRS
Wider selection of investment tools available
Able to withdraw with 5% penalty and add into tax for the year
Some pro and cons I can think of.
Do $1 top-up to SRS now (to lock in retirement age) or end of year when banks have promo.
Depends on where you going to invest your funds later.
CPF
4% guaranteed
Narrower scope of investment
Cannot withdraw until 55
SRS
Wider selection of investment tools available
Able to withdraw with 5% penalty and add into tax for the year
Some pro and cons I can think of.