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cctzjd

Own time own target at Self Employed

23 Dec 2023

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SRS contributions

What to invest in after SRS contribution? Any bank offering promo for SRS account opening?

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I am 30 years old and will start to contribute to SRS this year. Saw it is not wise to leave SRS money intact, hence want to invest my SRS. Any recommendations & which platform I should choose? Thanks

Comparing SRS contribution and CPF contribution, which is better?

1) Should I buy SSBs using SRS funds instead of cash? 2) I'm a young working adult. My tax is abt $400/year. Should I be looking at contributing to SRS now, or use my cash elsewhere?

Is the tax relief from SRS based on the contribution that FY, or the amount sitting in the SRS account?

Would like to check if I top up $7K to my CPF SA account, does it mean that I could only top up to $8.3K in SRS so that I max out $15.3K maximum contribution per SRS limit for tax deduction?

Understand that there is tax relief for the amount I contribute to the SRS. But if the money is being used to invest, the SRS would not show the amount. Does tax relief apply?

Related Posts

I am 30 years old and will start to contribute to SRS this year. Saw it is not wise to leave SRS money intact, hence want to invest my SRS. Any recommendations & which platform I should choose? Thanks

Comparing SRS contribution and CPF contribution, which is better?

1) Should I buy SSBs using SRS funds instead of cash? 2) I'm a young working adult. My tax is abt $400/year. Should I be looking at contributing to SRS now, or use my cash elsewhere?

Is the tax relief from SRS based on the contribution that FY, or the amount sitting in the SRS account?

Would like to check if I top up $7K to my CPF SA account, does it mean that I could only top up to $8.3K in SRS so that I max out $15.3K maximum contribution per SRS limit for tax deduction?

Understand that there is tax relief for the amount I contribute to the SRS. But if the money is being used to invest, the SRS would not show the amount. Does tax relief apply?

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