QUOTE(Sumofwhich @ Oct 11 2018, 08:27 PM)
RM8/year? So it isn't entirely free with them, that was the catch, RM8/year for each PRS account with them?
Rm8/year for each fund you have. That's why just buy one PRS fund cukup.Private Retirement Fund, What the hell is that??
|
Oct 11 2018, 08:51 PM
Show posts by this member only | IPv6 | Post
#2941
|
All Stars
22,199 posts Joined: Feb 2011 |
|
|
|
|
Oct 11 2018, 08:58 PM
|
All Stars
13,206 posts Joined: Mar 2015 |
QUOTE(Sumofwhich @ Oct 11 2018, 08:27 PM) RM8/year? So it isn't entirely free with them, that was the catch, RM8/year for each PRS account with them? RM8 charged yearly per provider.....(not payable in the year the account was opened and in the year where there is no contribution).https://www.ppa.my/joining-prs/other-important-information/ |
|
Oct 11 2018, 09:16 PM
|
Senior Member
1,273 posts Joined: Sep 2010 |
QUOTE(David83 @ Oct 11 2018, 08:43 PM) QUOTE(MUM @ Oct 11 2018, 08:58 PM) RM8 charged yearly per provider.....(not payable in the year the account was opened and in the year where there is no contribution). Thank you! https://www.ppa.my/joining-prs/other-important-information/ I have 3 PRS, thought buying with bank will be least charges, kena slapped with 3% SC, whereas FSM is 0% Through agents is 1.5%, but they said they will help you monitor This post has been edited by Sumofwhich: Oct 11 2018, 09:18 PM |
|
Oct 11 2018, 09:18 PM
Show posts by this member only | IPv6 | Post
#2944
|
All Stars
22,199 posts Joined: Feb 2011 |
QUOTE(Sumofwhich @ Oct 11 2018, 09:16 PM) Thank you! No one's going to help you monitor. You yourself have to monitor. Besides what's there to monitor? Just dump inside until 2021. If after 2021 no more tax relief, no need to buy anymore. I have 3 PRS, thought buying with bank will be least charges, kena slapped with 3% SC, whereas FSM is 0% Through agents is 1.5%, but they said they will help you monitor So simple. |
|
Oct 11 2018, 09:18 PM
Show posts by this member only | IPv6 | Post
#2945
|
All Stars
52,874 posts Joined: Jan 2003 |
QUOTE(Sumofwhich @ Oct 11 2018, 09:16 PM) Thank you! What to monitor?I have 3 PRS, thought buying with bank will be least charges, kena slapped with 3% SC, whereas FSM is 0% Through agents is 1.5%, but they said they will help you monitor You can only withdraw at the age of 55. If fund is performing badly, you're not able to sell it; just switch out. |
|
Oct 11 2018, 09:21 PM
|
Senior Member
1,273 posts Joined: Sep 2010 |
Yeah exactly, just buy from FSM,
wonder if I'll be charged RM10 again if I sign up the same CIMB PRS with FSM when I already opened one with CIMB last time, hopefully not (but RM10 is minimal) |
|
Oct 11 2018, 09:21 PM
|
Senior Member
3,131 posts Joined: Nov 2008 From: KL |
I can't seem to find how long will it take to open my account, been waiting since Tuesday.
|
|
Oct 11 2018, 09:24 PM
Show posts by this member only | IPv6 | Post
#2948
|
All Stars
52,874 posts Joined: Jan 2003 |
QUOTE(Sumofwhich @ Oct 11 2018, 09:21 PM) Yeah exactly, just buy from FSM, You should have a unique PPA account number which is tied to your NRIC. wonder if I'll be charged RM10 again if I sign up the same CIMB PRS with FSM when I already opened one with CIMB last time, hopefully not (but RM10 is minimal) PPA<NRIC> I believe they can trace that out! |
|
|
|
Oct 16 2018, 12:37 PM
Show posts by this member only | IPv6 | Post
#2949
|
Senior Member
4,436 posts Joined: Oct 2008 |
|
|
Oct 16 2018, 01:12 PM
|
All Stars
52,874 posts Joined: Jan 2003 |
|
|
Oct 16 2018, 04:05 PM
Show posts by this member only | IPv6 | Post
#2951
|
Junior Member
121 posts Joined: Sep 2010 |
Hi all,
I am with PB mutual, and get gov 1k already. Thinking to switch to other provider, any suggestion ? ( Since its PRS so yea long term investment ) I see gov 1k is separate account with my invested 1k account, is both money transferable all together to new provider ? Appreciate any inputs. Thanks in advance 😃 |
|
Oct 16 2018, 04:13 PM
|
Junior Member
385 posts Joined: Apr 2013 |
My wife born on 12 June 1988. So she is already 30y.o. this year.
Can I still apply for this PRS and enjoy the extra 1k from gov (provided that the fund is still available)? |
|
Oct 16 2018, 04:14 PM
|
All Stars
13,206 posts Joined: Mar 2015 |
QUOTE(lhwang @ Oct 16 2018, 04:05 PM) Hi all, I think should be able to transfer since the youth incentives of RM1000 incentive as the payment will be credited into your sub-account A, which can only be withdrawn when you retire at 55 years old.I am with PB mutual, and get gov 1k already. Thinking to switch to other provider, any suggestion ? ( Since its PRS so yea long term investment ) I see gov 1k is separate account with my invested 1k account, is both money transferable all together to new provider ? Appreciate any inputs. Thanks in advance 😃 check with the fund house that you intend to switch to then tell us?.... |
|
Oct 16 2018, 04:16 PM
|
All Stars
13,206 posts Joined: Mar 2015 |
QUOTE(monoikhwan @ Oct 16 2018, 04:13 PM) My wife born on 12 June 1988. So she is already 30y.o. this year. • For Malaysians only.Can I still apply for this PRS and enjoy the extra 1k from gov (provided that the fund is still available)? • Aged 20 and above but have yet to reach the age of 31. • Accumulate a minimum gross investment amount of RM1,000 in a single PRS fund of a single PRS provider within a calendar year, between 2017 till 2018. Scenario Mr. A will be turning 31 on 27 December 2017. He has invested RM1,000 gross amount in PRS X on 2 January 2017. Mr. A will be entitled to the RM1000 incentive from the Government as he made the contribution when he was 30 years old and within the period of 2017 to 2018.* *Kindly make your contributions at least 1 month before your 31st birthday to allow your application to be processed in time for you to be eligible for the RM1000 incentive. https://www.fundsupermart.com.my/main/faq/1...me-PRS--8865#32 |
|
|
|
Oct 18 2018, 02:21 PM
|
Senior Member
4,436 posts Joined: Oct 2008 |
|
|
Oct 18 2018, 02:23 PM
|
All Stars
52,874 posts Joined: Jan 2003 |
|
|
Oct 18 2018, 02:25 PM
|
All Stars
16,629 posts Joined: Feb 2006 From: KL |
|
|
Oct 18 2018, 02:49 PM
|
All Stars
22,199 posts Joined: Feb 2011 |
|
|
Oct 19 2018, 11:13 AM
|
Senior Member
1,273 posts Joined: Sep 2010 |
|
|
Oct 19 2018, 11:39 AM
|
All Stars
52,874 posts Joined: Jan 2003 |
|
Change to: | 0.0159sec
0.25
6 queries
GZIP Disabled
Time is now: 29th March 2024 - 08:52 AM |