SRS account start date determines when penalty waiver kicks in
Add BT as a preferred source
Annabeth Leow
Singapore
WHEN can account holders withdraw funds from voluntary Supplementary Retirement Scheme (SRS) accounts without incurring penalties?
That depends on the retirement age in force when account holders first paid into the kitty, under a policy that pre-dates the latest plans to raise retirement and re-employment ages.
TRENDING NOW
Taiwan’s wealthy seeks diversification to Singapore, sparking private banking race: Bloomberg
Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts
Serenity Park condo owners lower asking price to S$440 million in second shot at collective sale
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
