Build your dream retirement Make your SRS funds work even harder by investing them ina wide range of financial productsto accumulate tax-free returns* in the SRS Account. *Only 50% of the withdrawals from SRS are taxable when you perform penalty-free withdrawal. ...
8. OCBC shall not be obliged to accept any contribution into the SRS if the Account Holder has made a penalty free withdrawal on or after reaching the Prescribed Retirement Age. Use of Funds in the SRS Account TC/SRS/May 2023 Co. Reg. no.:193200032W 9. OCBC is hereby expressly ...
Withdrawals from your SRS account^ can be made after the current statutory retirement age of 62 for Singaporeans/PRs or after at least 10 years from the date of your first contribution for foreigners. However, there is the flexibility of early withdrawal at any time, albeit a 5% penalty fee...
Build your dream retirement Make your SRS funds work even harder by investing them ina wide range of financial productsto accumulate tax-free returns* in the SRS Account. *Only 50% of the withdrawals from SRS are taxable when you perform penalty-free withdrawal. ...