Live search
TopFind is fetching the latest matches for your search.
We reviewed 345 live results for supplementary retirement scheme srs and narrowed them down to the 3 options that look most worth comparing first.
The strongest themes across this short list are Retirement Savings and Tax Planning.
Source: DBS Bank
Description
The Supplementary Retirement Scheme (SRS) is a voluntary scheme that complements the CPF. DBS offers specialized SRS account management for expatriates, including German nationals, allowing them to contribute up to a higher annual cap for significant tax relief. The funds can be invested in various assets such as stocks, unit trusts, and insurance products to build a robust retirement portfolio while working in Singapore.
Best for
Expatriates, Tax relief seekers, Investment Linked retirement and German nationals in Singapore
Rating
Source: Ministry of Finance
Description
A voluntary retirement savings scheme in Singapore that complements the CPF system, offering tax-advantaged savings options for both locals and foreigners.
Best for
Expatriates in Singapore, Tax relief, Voluntary retirement savings and Non CPF eligible residents
Rating
Source: Inland Revenue Authority of Singapore (IRAS)
Description
A voluntary scheme where contributions made to an SRS account are eligible for a dollar-for-dollar tax relief, effectively reducing the individual's taxable income while encouraging long-term retirement savings.
Best for
Individual tax planning, High Income residents, Foreigners working in Singapore and Long Term retirement savers
Rating
| Compare | Supplementary Retirement Scheme (SRS) for Expats | Supplementary Retirement Scheme (SRS) | Supplementary Retirement Scheme (SRS) tax benefits |
|---|---|---|---|
| Source | DBS Bank | Ministry of Finance | Inland Revenue Authority of Singapore (IRAS) |
| Description | The Supplementary Retirement Scheme (SRS) is a voluntary scheme that complements the CPF. DBS offers specialized SRS account management for expatriates, including German nationals, allowing them to contribute up to a higher annual cap for significant tax relief. The funds can be invested in various assets such as stocks, unit trusts, and insurance products to build a robust retirement portfolio while working in Singapore. | A voluntary retirement savings scheme in Singapore that complements the CPF system, offering tax-advantaged savings options for both locals and foreigners. | A voluntary scheme where contributions made to an SRS account are eligible for a dollar-for-dollar tax relief, effectively reducing the individual's taxable income while encouraging long-term retirement savings. |
| Best for | Expatriates, Tax relief seekers, Investment Linked retirement and German nationals in Singapore | Expatriates in Singapore, Tax relief, Voluntary retirement savings and Non CPF eligible residents | Individual tax planning, High Income residents, Foreigners working in Singapore and Long Term retirement savers |
| Action | |||
| Rating |
If you want the most balanced option to start with, I recommend:
"Supplementary Retirement Scheme (SRS) for Expats from DBS Bank."
I picked this because It provides a powerful tax-optimization tool for high-earning expats to build retirement savings while living in Singapore.