so sad! my pricewaterhouse coopers guy postponed our appointment today till the 27th!! boo hoo!! but anyways anyways, hope he'll do something with me still!!

i learnt something new from him the other day. one can actually claim for tax deductible of up to $5000 per year. Tax deductible amount must be inclusive of CPF contributions. And to save on tax, one can actually put one's money in insurance!! on top of that, you'll get like all of your money back PLUS alot more in interest at the end of the term. so i think its a win win situation! you pay lesser tax and you've planned for your retirement! how about that!

on top of this, you can actually SAVE EVEN MORE in taxes by setting up a Supplementary Retirement Scheme (SRS) account with an agent bank. with this supplementary savings, you can actually claim for up to $11 000 per year. that means, you can claim up to $16 000 total from tax! that's like a super whopper lah! BUT there's a catch for this SRS account. all the money that you put in can only be withdrawn when you are 62. early withdrawal will result in a penalty charge and the amount withdrawn will be taxable. scary sia...