Act now! Lock in your SRS retirement age before 1 Jul 2026.
Did you know Singapore's retirement age is increasing to 64 on 1 Jul 2026?This change could affect your Supplementary Retirement Scheme (SRS) withdrawals. However, by opening a DBS SRS Account and making your first contribution now, you can retain the current SRS retirement age of 63, allowing for earlier penalty-free withdrawals.
The best part? From now till 15 Jun 2026, get S$20 Cash when you open a DBS SRS Account and make a contribution.
Steps
Actions
Cash Gift1
Open a new SRS Account and;
S$20
Contribute a minimum of S$1,000 via digibank
1 Available to the first 5000 Qualified Customers. Terms and Conditions apply.
Apply now
Plan for your carefree golden years with RetireSavvy
From now till 30 Jun 2026, get 3% premium discount2 for single premium plans. What’s more, place a single premium of at least S$15,000 with your Supplementary Retirement Scheme (SRS) account to get free digiPortfolio gift with S$68 credit2. Terms and conditions apply.
Simply enter promo code ‘RSBOOST1’ on the Payment Details page during your application.
Footnotes
Terms and conditions apply, please refer to Product Summary for specific definitions.
2 Promotion till 30 Jun 2026. Promotion terms and conditions apply.
Disclaimers
The information herein is published by DBS Bank Ltd (“DBS Bank”) and is for general information only and should not be relied upon as financial advice. This publication may not be reproduced, or communicated to any other person without prior written permission. This website does not take into account the specific investment objectives, financial situation or needs of any particular person. Before entering into any transaction involving any product mentioned in this website, where applicable, you should seek advice from a financial adviser regarding its suitability for your own objectives and circumstances. If you choose not to do so, you should make an independent assessment and do your own due diligence on the product. This advertisement has not been reviewed by the Monetary Authority of Singapore. The website herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.
In Collaboration with Manulife
RetireSavvy is issued and underwritten by Manulife (Singapore) Pte. Ltd. ("Manulife") (Reg. No. 198002116D) and distributed by DBS. It is not an obligation of, deposit in or guaranteed by DBS.
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender values payable may be less than the total premiums paid.
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for the policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Manulife or visit the Life Insurance Association or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
This advertisement has not been reviewed by the Monetary Authority of Singapore.
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