Singapore SRS Calculator
Calculate your Singapore SRS (Supplementary Retirement Scheme) tax benefits, contributions, and retirement planning. Maximize your tax savings while building additional retirement funds beyond CPF.
2025 SRS Contribution Limits
Singapore Citizens & PRs: SGD 15,300 per year
Foreigners: SGD 35,700 per year
SRS Tax Benefits Calculator
About Singapore SRS
What is SRS?
The Supplementary Retirement Scheme (SRS) is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings. SRS contributions are tax-deductible, helping you reduce your current tax burden.
Key Benefits
- Tax Deduction: SRS contributions are deductible from your taxable income
- Tax-Free Growth: Investment gains within SRS are not taxed
- Flexible Withdrawals: Can withdraw from age 62 onwards
- 50% Tax Relief: Only 50% of withdrawals are taxable
Withdrawal Rules
- Statutory Retirement Age (62): Can withdraw without penalty, only 50% taxable
- Before Age 62: 100% of withdrawal is taxable plus 5% penalty
- 10-Year Rule: Must withdraw all funds within 10 years from first withdrawal
Related Calculators
- Singapore CPF Calculator - Calculate CPF contributions and growth
- Singapore Retirement Calculator - Plan your retirement needs
- Singapore Tax Calculator - Calculate income tax savings
- Singapore Investment Calculator - CPFIS investment planning