Can i know, the $ in PRS account, how many years only i'm able to withdraw?

the RM500 bonus yes, entered my EPF account. (i'm happy for this)

the one thing i'm worried about is withdrawing

This post has been edited by MUM: Nov 22 2017, 12:58 PM

* removed

This post has been edited by Duperaider: Nov 22 2017, 01:04 PM

ops. wrong. not RM500, it's some amount. into EPF account.

who gives this some amount into your EPF?
do you mean that if and when you invest in this PRS thing....some amount will be given to your EPF account?

not sure did i check wrongly. it went into epf account.


besides, which website can i check my current PRS account balance?

maybe this can?
The online account features a single consolidated view, to enable members to view their investment details, check transactions and have access to performance reporting 24 hours a day.
https://www.ppa.my/about-ppa/ppa-faq/

from where. i can get my log in ID right?

I got no idea....try read the FAQs?
must be there...else ask PPA....

Q1: I am new to PRS, if I start purchase in year 2017, will I get Tax Relief for the next 10 years (2027) if I fund RM3k/year?
A1:

Q2: Which is the best PRS company now?
A2:

This post has been edited by Austin123: Nov 23 2017, 03:20 PM

Yes, you are correct.

Xuzen

A1: Tax relief is not based on the year of your purchase. It comes from the government budget.
The relief is going to expire in 2021. Whether it'll be extended depends on who'll be the PM or Finance Minister in 2020.

A2: Everybody has different taste/risk/requirement. It's an open ended question.

First, there din't allowed you to swap it.
Furthermore if you swap it then you really stupid.

3% sales charge is one off payment when you top up, but you get the total investment amount -0.1% management fees every year(Class A = 1.4% while Class C = 1.5%).

Don't underestimate this 0.1% as it link to total invesment value for every year, after 30 years you will end up receive similar return. I just do some excel spreadsheet and simulate few situation(Eg, only invest till 2021, Top up for 30years etc) but end up after 30 years the return will almost the same.

I just saw this post today & FYI I already invested CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity - Class A since 5 years ago but first two year only 75% to Asia Pacific Ex Japan Equity, the total invested value is RM15,500(5years x RM3000 + RM500 youth incentive) and now it worth around RM22k.

i previously bought Public PRS, and paid for 3% mgm feees. this year i want to buy CIMB , what channel did you use to buy? online?

As I said I just notice this post today, previously open PRS account thru CIMB bank & now top up thru cimb click.

Anyhow after go thru the post, I believe the best deal now is buy thru Fundsupermart with 0% sales charge.

meaning those who already bought class A not need to change to class C?

Yes, not necessary to change.
But can consider future top up thru FSM with 0% sale charges.

Hi,

I want to ask you, because i'm confused with the step of first time PRS registration with FSM. I saw these 2 link

https://www.fundsupermart.com.my/main/resea...f-Purchase-2966

and

https://www.fundsupermart.com.my/main/prs/prsForms.tpl

i should buy PRS first > submit form > make payment or

submit form > buy prs > make payment ?

btw, you went to the FSM office for submitting form during weekdays or weekend?

hope you can answer, thank you

Either way works, but you are able to lock in your NAV on the same day if you place the order and make the payment first, while waiting for your PPA account to be created.

i went on a weekday. Took about 10 minutes to fill in the forms and they will do the rest.

question to yourself which type of bank you prefer?