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S1E198: SRS secrets to grow your retirement fund and save on taxes: BT Money Hacks
Manage episode 456997490 series 2425519
Planning for retirement is a crucial part of financial planning and one of the many tools designed to help is the Supplementary Retirement Scheme or SRS. And why is it that we tend to talk about the SRS at the end of the year and can it really help power-up our retirement savings?
Howie Lim speaks to Shawn Lee, assistant vice president, financial planning literacy, DBS Bank to find out.
Synopsis: Every Monday, The Business Times breaks down useful financial tips.
Highlights:
01:14 Why year-end is SRS season
03:30 The downside to the SRS
05:57 Do not leave the SRS idle
08:06 Will changes to the CPF Act have an impact?
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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.
---
Written and hosted by: Howie Lim (howielim@sph.com.sg)
With Shawn Lee, assistant vice president, financial planning literacy, DBS Bank
Edited by: Howie Lim & Claressa Monteiro
Produced by: Howie Lim
Engineered by: Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
---
Follow BT Money Hacks podcasts every Monday:
Channel: bt.sg/btmoneyhacks
Amazon: bt.sg/mham
Apple Podcasts: bt.sg/oeXe
Spotify: bt.sg/oeGN
YouTube Music: bt.sg/mhyt
Website: bt.sg/moneyhacks
Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.
Discover more BT podcast series:
BT Correspondents: bt.sg/btcobt
BT Market Focus at: bt.sg/btmktfocus
BT Podcasts at: bt.sg/pcOM
BT Branded Podcasts at: bt.sg/brpod
BT Lens On: bt.sg/btlenson
See omnystudio.com/listener for privacy information.
Luvut
1. SRS secrets to grow your retirement fund and save on taxes: BT Money Hacks (00:00:00)
2. Why year-end is SRS season (00:01:14)
3. The downside to the SRS (00:03:30)
4. Do not leave the SRS idle (00:05:57)
5. Will changes to the CPF Act have an impact? (00:08:06)
198 jaksoa
Manage episode 456997490 series 2425519
Planning for retirement is a crucial part of financial planning and one of the many tools designed to help is the Supplementary Retirement Scheme or SRS. And why is it that we tend to talk about the SRS at the end of the year and can it really help power-up our retirement savings?
Howie Lim speaks to Shawn Lee, assistant vice president, financial planning literacy, DBS Bank to find out.
Synopsis: Every Monday, The Business Times breaks down useful financial tips.
Highlights:
01:14 Why year-end is SRS season
03:30 The downside to the SRS
05:57 Do not leave the SRS idle
08:06 Will changes to the CPF Act have an impact?
---
Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.
---
Written and hosted by: Howie Lim (howielim@sph.com.sg)
With Shawn Lee, assistant vice president, financial planning literacy, DBS Bank
Edited by: Howie Lim & Claressa Monteiro
Produced by: Howie Lim
Engineered by: Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
---
Follow BT Money Hacks podcasts every Monday:
Channel: bt.sg/btmoneyhacks
Amazon: bt.sg/mham
Apple Podcasts: bt.sg/oeXe
Spotify: bt.sg/oeGN
YouTube Music: bt.sg/mhyt
Website: bt.sg/moneyhacks
Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.
Discover more BT podcast series:
BT Correspondents: bt.sg/btcobt
BT Market Focus at: bt.sg/btmktfocus
BT Podcasts at: bt.sg/pcOM
BT Branded Podcasts at: bt.sg/brpod
BT Lens On: bt.sg/btlenson
See omnystudio.com/listener for privacy information.
Luvut
1. SRS secrets to grow your retirement fund and save on taxes: BT Money Hacks (00:00:00)
2. Why year-end is SRS season (00:01:14)
3. The downside to the SRS (00:03:30)
4. Do not leave the SRS idle (00:05:57)
5. Will changes to the CPF Act have an impact? (00:08:06)
198 jaksoa
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