Supplementary Retirement Scheme Account
SRS is a form of savings to better prepare you for your retirement and potentially reduce your current income tax. You set aside an amount of money that you wish to save in SRS, subject to the contribution cap, for retirement.
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If you have an existing DBS/POSB Deposit Account:
If you do not have an existing DBS/POSB Deposit Account:
- Visit any POSB branch. For Singaporeans and Permanent Residents, please bring along your identity card. For foreigners, please bring along your passport and the relevant pass issued by the Immigration and Checkpoint Authority of Singapore (if any).