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Podcast: The Financial Coconut Podcast
Episode: Can You Grow Your SRS Retirement Fund Without Being Taxed? Yes! [First Dibs 119 (Repost)]
Description: In Singapore, we follow a tiered tax system. When you make more, you get taxed more. Thus, many of us are thinking of ways to reduce our taxes (legally, of course). What if there is a way to reduce tax and also prepare for your retirement at the same time? The Supplementary Retirement Scheme (SRS) does just that. What is the difference between contributing to SRS and CPF? Should I invest the money in my SRS? How is the money in SRS taxed?—Welcome to The Financial Coconut, your source for empowering financial knowledge and un...