TBH I started late on SRS, was so ignorant back then. So far, I have contributed max $15.3k per year since 2019, so total 4 times. Will continue to do so for 2024. The tax savings are significant for my situation, and its a no brainer
I had tried to buy SSB with the SRS funds, but finally decided to consolidate by only using SRS to buy STI index fund ES3. No specific reason, but just for simple administration of my portfolio. As long as it is ES3, it is funded by SRS. This sort of allows me to continually pump into STI ETF over time.
If I decide to stop work for entire 2025, then I may not add more to SRS since there are no income tax benefits. And that means my ES3 accumulation would pause or even stop. I'll just reinvest the ES3 dividends back to ES3 then
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