ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Personal Finance v
Who's contributing to their SRS account this year?

Who's contributing to their SRS account this year?

Poll: Are you contributing to SRS this year?
You do not have permission to vote in this poll.
Yes
56.25%
 9 56.25%
No
18.75%
 3 18.75%
Don't have an account
25.00%
 4 25.00%
Total 16 vote(s) 100%
* You voted for this item. [Show Results]

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
CityFarmer Offline
Moderator
*****
Posts: 9,841
Threads: 711
Joined: Mar 2012
Reputation: 64
#8
20-11-2012, 07:47 PM
(20-11-2012, 06:46 PM)belgarathc Wrote: Is it true that it would be more useful for those in higher tax brackets?

SRS offers tax incentives. I assume it is more beneficial for those in higher tax brackets.

At the same time, MOF also limits the annual contribution. IIRC, the current annual limit is S$12k-13k, so it is means for middle class group, instead of top earners
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
Find
Reply


Messages In This Thread
RE: Who's contributing to their SRS account this year? - by CityFarmer - 20-11-2012, 07:47 PM

Forum Jump:


Users browsing this thread: 2 Guest(s)