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Monthly Archives: March 2025

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March 24, 2025
by Understanding Careshield Financial Matters

Understanding the Supplementary Retirement Scheme (SRS) in Singapore

Planning for retirement is crucial, and beyond CPF, there’s another option available: the Supplementary Retirement Scheme (SRS). Unlike CPF, which is mandatory, SRS is entirely voluntary and comes with attractive tax benefits. However, it’s not a one-size ...

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March 17, 2025
by Understanding Careshield Financial Matters

Maximizing Your Bonus: A Smart Approach to Growing Wealth in Your 20s

Receiving an annual bonus is a well-earned reward for your hard work, but how you use it can significantly impact your financial future. While it’s tempting to splurge on travel, gadgets, or luxury items, a strategic approach can turn this extra cash into ...

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March 10, 2025
by Understanding Careshield Financial Matters

Budget 2025: What It Means for Singaporeans

Prime Minister Lawrence Wong, in his first Budget address as Prime Minister, delivered the highly anticipated Budget 2025 statement on 18 February 2025. Titled "Onward Together For A Better Tomorrow," this year’s Budget is designed to bolster economic gro ...

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