10-11-2021, 06:36 PM
This is to lock in a retirement age of 62 if ever you need to use SRS later on for tax savings purposes. You need to deposit $1 into it.
The youngest age you can start SRS is 18.
If you create SRS after jul next yr...the retirement age applied to the SRS account is 63 but I believe the govt will keep raising retirement age to at least 65 and maybe to 70.
https://blog.seedly.sg/supplementary-ret...ning?amp=1
The youngest age you can start SRS is 18.
If you create SRS after jul next yr...the retirement age applied to the SRS account is 63 but I believe the govt will keep raising retirement age to at least 65 and maybe to 70.
https://blog.seedly.sg/supplementary-ret...ning?amp=1
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.