Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed
329 Pages « < 187 188 189 190 191 > » Bottom

Outline · [ Standard ] · Linear+

 Private Retirement Fund, What the hell is that??

views
     
GrumpyNooby
post May 6 2020, 05:30 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(!@#$%^ @ May 6 2020, 05:04 PM)
yup
*
I believe the new units are already in.
!@#$%^
post May 6 2020, 05:37 PM

Safe Trader
********
All Stars
17,499 posts

Joined: Feb 2006
From: KL
QUOTE(GrumpyNooby @ May 6 2020, 05:30 PM)
I believe the new units are already in.
*
seriously? but my total amount of units at the end of 2019 based on the pdf affin hwang sent is still the same as now.
GrumpyNooby
post May 6 2020, 05:53 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(!@#$%^ @ May 6 2020, 05:37 PM)
seriously? but my total amount of units at the end of 2019 based on the pdf affin hwang sent is still the same as now.
*
Not sure why people in the section like to challenge?

From PPA website:

2019 PPA annual statement:
user posted image

2020 PPA Account Summary:
user posted image

The last round Affin Hwang PRS Moderate declared distribution before April 2020 is October 2019.



This post has been edited by GrumpyNooby: May 6 2020, 05:55 PM
!@#$%^
post May 6 2020, 06:03 PM

Safe Trader
********
All Stars
17,499 posts

Joined: Feb 2006
From: KL
QUOTE(GrumpyNooby @ May 6 2020, 05:53 PM)
Not sure why people in the section like to challenge?

From PPA website:

2019 PPA annual statement:
user posted image

2020 PPA Account Summary:
user posted image

The last round Affin Hwang PRS Moderate declared distribution before April 2020 is October 2019.
*
you are right, i checked from ppa website after u showed me that. but not reflected yet in FSM where i bought my PRS. should be soon then.
GrumpyNooby
post May 6 2020, 06:11 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(!@#$%^ @ May 6 2020, 06:03 PM)
you are right, i checked from ppa website after u showed me that. but not reflected yet in FSM where i bought my PRS. should be soon then.
*
Not sure why but FSM doesn't track PRS funds.
There's no logo beside the fund name.

user posted image

Based on the last distribution, it'll take > 1 month.
SUSMNet
post May 6 2020, 07:22 PM

10k Club
********
All Stars
11,954 posts

Joined: May 2007
How the PRS withdraw 1.5k work?
Is the withdraw 1.5k will combination of PRS account 1 and 2?
GrumpyNooby
post May 6 2020, 07:23 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(MNet @ May 6 2020, 07:22 PM)
How the PRS withdraw 1.5k work?
Is the withdraw 1.5k will combination of PRS account 1 and 2?
*
From Account 2/B only per PRS provider.
SUSMNet
post May 6 2020, 11:13 PM

10k Club
********
All Stars
11,954 posts

Joined: May 2007
QUOTE(GrumpyNooby @ May 6 2020, 07:23 PM)
From Account 2/B only per PRS provider.
*
Can take until the account B until 0?
GrumpyNooby
post May 7 2020, 09:07 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(MNet @ May 6 2020, 11:13 PM)
Can take until the account B until 0?
*
Yes as long as prevailing condition met:

user posted image
leanman
post May 13 2020, 05:10 PM

Da LYN Man
*******
Senior Member
2,251 posts

Joined: Aug 2005
QUOTE(MNet @ May 6 2020, 07:22 PM)
How the PRS withdraw 1.5k work?
Is the withdraw 1.5k will combination of PRS account 1 and 2?
*
Just done my online withdrawal via Public Mutual, takes up to 10 calendar days for the money to be reflected. Only from account B
honsiong
post May 13 2020, 05:55 PM

Look at all my stars!!
*******
Senior Member
3,182 posts

Joined: Nov 2008
From: KL
Can't seem to find anything on PRS withdrawal's impact on tax relief.

Say I withdraw RM1500 but deposit RM3000 in this year, am I reducing taxable income by 1500 or 3000?
GrumpyNooby
post May 13 2020, 05:56 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(honsiong @ May 13 2020, 05:55 PM)
Can't seem to find anything on PRS withdrawal's impact on tax relief.

Say I withdraw RM1500 but deposit RM3000 in this year, am I reducing taxable income by 1500 or 3000?
*
3000.
chiwawa10
post May 13 2020, 06:27 PM

Casual
***
Junior Member
393 posts

Joined: Nov 2006
Can anyone recommend fund that is worthwhile to invest in for PRS?
MUM
post May 13 2020, 06:39 PM

10k Club
********
All Stars
14,875 posts

Joined: Mar 2015
QUOTE(chiwawa10 @ May 13 2020, 06:27 PM)
Can anyone recommend fund that is worthwhile to invest in for PRS?
*
just asking....what is your tax bracket?
(the % of income tax relief you will get if you buy RM3k of PRS fund)
chiwawa10
post May 13 2020, 06:50 PM

Casual
***
Junior Member
393 posts

Joined: Nov 2006
QUOTE(MUM @ May 13 2020, 06:39 PM)
just asking....what is your tax bracket?
(the % of income tax relief you will get if you buy RM3k of PRS fund)
*
It will not change the tax bracket with or without. Does it matter?
MUM
post May 13 2020, 07:10 PM

10k Club
********
All Stars
14,875 posts

Joined: Mar 2015
QUOTE(chiwawa10 @ May 13 2020, 06:50 PM)
It will not change the tax bracket with or without. Does it matter?
*
to me...yes.
as if the tax untung is not much.....
I would go some where else with this RM3k
chiwawa10
post May 14 2020, 09:35 AM

Casual
***
Junior Member
393 posts

Joined: Nov 2006
QUOTE(MUM @ May 13 2020, 07:10 PM)
to me...yes.
as if the tax untung is not much.....
I would go some where else with this RM3k
*
What would you recommend that some where else? Taking into consideration the not so much amount. Equity? ETF?
MUM
post May 14 2020, 09:46 AM

10k Club
********
All Stars
14,875 posts

Joined: Mar 2015
QUOTE(chiwawa10 @ May 14 2020, 09:35 AM)
What would you recommend that some where else? Taking into consideration the not so much amount. Equity? ETF?
*
what ever suit your risk appetite, risk capacity and investment understanding of those products........

This post has been edited by MUM: May 14 2020, 09:47 AM
kino318
post May 14 2020, 09:58 AM

On my way
****
Junior Member
671 posts

Joined: Dec 2011
QUOTE(leanman @ May 13 2020, 05:10 PM)
Just done my online withdrawal via Public Mutual, takes up to 10 calendar days for the money to be reflected. Only from account B
*
Wah.. this is easy. FSM required me to snail mail all the form.
GrumpyNooby
post May 14 2020, 09:59 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(kino318 @ May 14 2020, 09:58 AM)
Wah.. this is easy. FSM required me to snail mail all the form.
*
Alternatively you can deal with the FSM provider yourself.
I know Principal has online withdrawal service.
« Next Oldest · Finance, Business and Investment House · Next Newest »
 

329 Pages « < 187 188 189 190 191 > » Top
Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0182sec    0.82    6 queries    GZIP Disabled
Time is now: 8th December 2025 - 11:50 AM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.