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Archive for the Personal Finance Category

Supplementary Retirement Scheme (SRS)

The Supplementary Retirement Scheme (SRS) was established on 1st April 2001 to encourage individuals to save more by means of voluntary contributions for housing, medical needs and for basic living needs after the retirement by offering tax benefits. All Singaporeans, Singapore Permanent Residents (PRs) and foreigners who are at least 21 years old, not undischarged [...]

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