SRS analysis I haven’t paid much attention to SRS contributions as a way to reduce taxable income. But lately, I realised you could boost investment portfolio returns through this avenue at literally 0 cost.
I find this blog post written by a local finance blogger to be really helpful in understanding the SRS contributions and withdrawal mechanics.
For my own understanding, I also did some quick analysis using google sheet (see ‘Analysis in google sheet’ section) to evaluate if this works, and to my surprise, I found that free lunch does exist in Singapore!