The Financial Coconut Podcast

Grow Your Retirement Fund & Get Tax Relief With SRS [TFC 119 Sponsored By MoneyOwl]

December 7, 2021

*Read on to find out how you can receive eCapitaVouchers worth up to S$200 from MoneyOwl!*

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? 

Learn more about how SRS can help you in your investments and retirement in this episode brought to you by MoneyOwl, Singapore's leading bionic advisor that believes in empowering and fulfilling lives by helping people make wise money decisions. For a limited time only, MoneyOwl is giving away eCapitaVouchers worth up to S$200 for clients who invest their SRS funds with them! Check out this link for more information: https://bit.ly/MoneyOwl-SRS-2021

Get our show notes at https://thefinancialcoconut.com/tfc119 

For all other links mentioned, or to discover more from the team at The Financial Coconut (including all our other shows), go to https://linktr.ee/thefinancialcoconut 

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The Financial Coconut started out as a reaction to online fake gurus who are propagating over simplified get rich quick programs. A Podcast that grew out of a desire to share best practices regarding personal finance turned into a network of content championing this idea of “Creating a life you love, while managing your finances well”.

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