Are Your SRS Savings Sitting Idle and Losing Value against Inflation?
Optimise your SRS savings through long term investments to maximize returns for your retirement needs.
Optimise your SRS savings through long term investments to maximize returns for your retirement needs.
SRS is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings.
SRS contributions are made over and above CPF contributions, and enjoy tax relief as well.
You can grow your SRS funds exponentially through long term investments, which could better increase your investment value to give you a more comfortable retirement.
But are Your SRS Savings Sitting Idle?
Are you losing out on opportunity cost?
By saving your hard-earned money in SRS without investing, you may potentially lose out $365,091 over the long run. Talk to your consultant to customize an SRS plan for you.
Depending on your objectives, there are multiple financial solutions to invest your SRS savings
20 approved products from 6 insurers
We have more than 1400 solutions, to suit your every needs
With over hundreds of financial solutions from 70 asset management companies and 6 insurance companies, we can help you to narrow down the options and optimise your SRS savings to suit your needs best.
(All information on investment and insurance products are correct as of 1 October 2023.)
Working 9 years in the chemical industry both in the process and raw material sales has helped to hone my optimisation and account management skillset and serves me well for the last 12 years in the wealth management arena as financial goals for most people are always limited by their risk profile, available resources and the time left.
I believe earning money is a full time job and wealth optimisation is another full time job so most people who are unsatisfied with their financial outcome is because they are optimising their wealth management on a part time basis.
My existential reason to be in this industry is to help elevate normal household to a million dollar household through my proprietary financial freedom planning practise because a million dollar is merely $50,000 per annum for 20 years and $50,000 per annum shared by you and your spouse is hardly a reasonable living standard let alone 10 or 20 years down the road.
All my clients are responsible people by nature and if you are someone who does not wish to become the financial burden of your love ones or does not wish to be at the mercy of retrenchment, I would love to work with you on how to create your alternative source of passive income.
Motivated caterpillars can never deliver a butterfly outcome. Transformation is key for change. Financial Freedom is made easy if you work with people who know the way, compound with good wealth management habits
Let us assist you with all the calculations. Ride on an exciting investment journey with us!
Singapore's largest independent financial advisory firm with more than 20 years of excellence.
Financial Alliance is a leader in providing wealth advisory services to individuals and corporates alike, including private wealth advisory, Islamic wealth advisory and fee-based advisory.
We have been practising as Singapore's leading independent financial advisory firm for more than two decades.
Learn MoreWe work with dozens of product providers so our consultants can bring the most comprehensive solutions to clients.
Learn MoreWe are truly independent and MAS-regulated so you always have peace of mind. Our track record speaks for itself.
Learn MoreThe Supplementary Retirement Scheme (SRS) is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings. Contributions to SRS are eligible for tax relief. Investment returns are tax-free before withdrawal and only 50% of the withdrawals from SRS are taxable at retirement.
Any Singapore Citizens, Singapore Permanent Residents (SPRs) and foreigners who is a Singapore Tax Resident may make SRS contributions in the current year.
The annual contribution limit for SRS is $15,300 for Singapore Citizens/Permanent Residents and $35,700 for foreigners.
You will be allowed SRS tax relief in the Year of Assessment following the year of contribution, provided you are a tax resident for that Year of Assessment. However, a personal income tax relief cap of $80,000 applies to the total amount of all tax reliefs claimed (including relief on SRS contributions).
You will not be allowed SRS tax relief if:
Your SRS account is suspended as at 31 Dec of the year of contribution; or
The amount of such contribution is withdrawn from your SRS account in the same year of contribution.
You are able to make a wide variety of investments, including shares, insurance, bonds, unit trusts and fixed deposits. Let us help you find the best investment vehicle that suit your needs.