Year-End Tax Saving & Investment: Is Your SRS Money Working for You?

Tiger_SG
11-28
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The year is almost over—are you still letting your SRS funds just “sit there”? 😴 Actually, now is the perfect window to save on taxes with SRS contributions and optimize your investment allocation!

Why SRS is So Attractive

The Supplementary Retirement Scheme (SRS) is a voluntary retirement savings plan that helps you prepare for retirement and directly reduces your taxable income.

  • Singapore citizens/PRs can contribute up to SGD 15,300 per year, while foreign tax residents can contribute up to SGD 35,700 per year. Marginal tax rate at 15%? Full contribution could save you thousands in taxes 💰.

  • Earnings within your SRS—interest, dividends, capital gains—are completely tax-free until withdrawal, making long-term compounding highly effective.

Cash Boost Account: Make Your SRS Money Work

By linking your SRS account to a Cash Boost Account, you can put idle funds to work and flexibly choose from a variety of investment options:

  1. Stocks: Invest in SGX-listed stocks, such as DBS, UOB, OCBC, Singtel, and other high-quality blue chips.

  2. ETFs: Track indices, sectors, or regions to diversify your portfolio easily.

You can use your CPF or SRS funds through the Cash Boost Account on the Tiger Trade App to invest in eligible stocks and ETFs listed on the Singapore Exchange.

💬 Discussion

  • Which SRS investment would you choose? Blue-chip stocks, high-yield REITs, or stable bonds?

  • CPF vs SRS: which retirement investment tool do you prefer, and why?

  • What’s your best year-end strategy for using SRS to save taxes?

Leave your comments to win at least 5 tiger coins!

December is a critical period for income tax saving through SRS contributions and an important window for optimizing wealth allocation.

Now, by linking your SRS to a Cash Boost account for investment, you can:

  • Put your idle SRS funds to work through eligible SGX securities

  • Make more flexible and diversified investment choices

  • Grow your retirement savings

What's more, we’ve prepared a limited-time reward for you:

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD 1000* to get SGD 688 stock vouchers*!

Click here to join the event: https://sg.tigermarketw.com/activity2/market/2025/contra-invitation?lang=en_US&useAnimation=true

Which Stock is Your Retirement Pick?
Some Tigers said: “I’m counting on OCBC for my retirement." There are different choices for Singaporeans. Bank-retirement camp: Holding bank stocks long-term = steady happiness. REIT camp: Relying on cash flow for retirement feels more secure. It’s really about that feeling of “getting paid every year”: CICT, MIT, FLCT, MLT. These can also be bought with CPF or through Endowus, making long-term holding even easier. CPF balances can be used to buy Singapore stocks. Endowus helps with tax savings and gives access to a wider variety of funds! So, which is your retirement stock?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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Comments

  • DiAngel
    11-28
    DiAngel
    I always top up $15.3k into my SRS in early January. Thereafter, I will invest in blue-chip stocks. Whenever I received my dividends, I will put on my thinking cap to invest in high risk UTs or into blue-chip stocks. My SRS fund only idles for a few days or a week. [Smile]


    In January every year, besides SRS top-up, I also top up my CPF MA and VC3A; and my parents MA/RA for the following year income tax relief.


    Then in Dec, after receiving my bonus, individual performance bonus and pay increment, I will sit down and work out how much donation I need to do as to bring down my following years income tax. For the past few years, I donated a month of my pay cheque to 3 of my favourite charities. [Love you][Heart][Love]. I specifically told the organisations not to list my name on their donation board. But singapore children's society always insisted on sending me a certificate. This year I was even invited for their appreciation dinner.


    @Wayneqq @1PC @MHh @melson @Michane @rL
    • DiAngelReplyMichane: 
      Thank you. [Bless]
    • MichaneReplyDiAngel: 
      My condolences bro. I’m so sorry to hear about your brother’s passing. I hope you find strength and comfort during this time [Comfort]
    • DiAngelReplyMichane: 
      Thanks for your concern. I m doing well.


      My leukemia brother had passed away last Friday. Ending his suffering. Remission in Aug this year after first diagnosed in 2015 after a full match from siblings. 🙏🙏🙏
    • MichaneReplyDiAngel: 
      hope ur much better now in terms of health which always comes first ya [Heart]
    • DiAngelReplyMichane: 
      [Love you]
  • Shyon
    11-28
    Shyon
    Thanks for sharing this article — really appreciate it! Even though I haven’t put any money into SRS or invested through it this year, the breakdown here is a good reminder of how much tax savings and long-term compounding I’m actually missing out on. The contribution limits and potential tax relief definitely make it something worth paying more attention to.

    I also like how flexible the SRS investment options are, especially with the Cash Boost Account letting idle funds go into blue-chip stocks, REITs, ETFs, or even SSBs. It feels a lot more dynamic than just leaving money parked there earning almost nothing.

    I didn’t invest through SRS this year, but after reading this, I might consider setting something up next year and take advantage of the tax benefits. Year-end incentives like the stock vouchers don’t hurt either. Thanks again for putting this together!

    @Tiger_SG @Tiger_comments @TigerStars

  • icycrystal
    11-28
    icycrystal
    if possible I would choose all investment. distribution to all different industries. good to have a balance portfolio.

    I would use SRS more as not much interests, at least CPF has more interests [Grin] [Grin] [Grin]

    • koolgal: 
      May your SRS portfolio multiply tenfold. 🌈🌈🌈💰💰💰
  • 010leo
    11-30
    010leo
    topping up cpf sa account earns no risk 4% interest.

    I hv encourage everyone to at least open a srs account and top up $1 to lock in the srs retirement withdrawal age.

    with srs amount, I invest in stocks giving dividend more than 4% with hopefully capital appreciation.

    with dividend received, I invest in funds with $1 minimum for higher gains.

  • 北极篂
    11-28
    北极篂
    这一年又来到尾声，我身边很多朋友的SRS账户依然“静静躺着”，既没节税、也没投资，其实有点可惜。对我个人来说，每到年末我都会特别关注SRS，因为它几乎是新加坡最“划算”的节税工具之一：只要在12月前把额度用满，不但能立刻降低应税收入，有些人甚至能省下几千块税金，而且账户里的投资收益在提款前都是免税，长期滚动的效果非常可观。


    我自己最常考虑的组合是蓝筹股搭配REITs，前者稳健、现金流强，后者适合追求股息的人。再搭配一部分ETF或机器人顾问，让资金更分散，不需要自己每天盯盘。当然，如果你风险偏好较低，SSB、债券甚至定存也都是比“放着不动”更好的选择。


    说到底，12月真的就是一个提醒——如果SRS额度还没用，或者资金还没利用 Cash Boost 做投资配置，现在就是最后冲刺的时间。年底做对这一步，明年的税单、十几年后的退休，你都会感谢现在的自己。
  • koolgal
    11-29
    koolgal
    🌟🌟🌟Tax savings from SRS is money back in my pockets.  Instead of letting it sit idle, I channel it into $STI ETF(ES3.SI)$ because retirement savings isn't about chasing quick wins.  It is about a steady long-term source of passive income while waiting for capital growth.

    The STI ETF mirrors Singapore's heartbeat : our local banks, our SReits and our blue chip anchors.  By investing my SRS dollars here, I am not just saving for retirement.  I am also planting roots in the very economy I believe will carry me forward.

    SRS gives me immediate relief through tax savings but the real rewards is decades away, compounding growth, resilience and the quiet confidence that my future self will thank me.

    Retirement is a marathon, not a sprint.  Every dollar invested in SRS is one more step toward that finish  line.

    @Tiger_SG @Tiger_comments @TigerStars @TigerClub @CaptainTiger

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