Private Retirement Fund, What the hell is that??
Private Retirement Fund, What the hell is that??
|
|
Dec 16 2014, 01:59 PM
Return to original view | Post
#1
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
done with my 3k prs too.
|
|
|
|
|
|
Dec 16 2014, 05:45 PM
Return to original view | Post
#2
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
|
|
|
Apr 23 2015, 09:08 AM
Return to original view | Post
#3
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
|
|
|
Jan 10 2018, 10:25 AM
Return to original view | Post
#4
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
|
|
|
Jan 11 2018, 10:11 AM
Return to original view | Post
#5
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
QUOTE(eddyooi @ Jan 10 2018, 04:01 PM) Affin Hwang PRS Growth FundQUOTE(MeToo @ Jan 11 2018, 08:30 AM) Er... Right... You mean you have full access to your money and go to the finance house and withdraw it? i guess so because basically its just an unit trust. its not under government, but the finance house.I don't think so... you can actually withdraw it out but have 8% penalty. this is quite safe investment for me, basically im buying a 3k fund with 2.3k money (after tax relief) plus average 6% growth pa. |
|
|
Jan 11 2018, 11:49 AM
Return to original view | Post
#6
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
QUOTE(MeToo @ Jan 11 2018, 11:31 AM) You cannot withdraw it. yes you can withdraw.Even with the penalty the money just just goes back to the fund... THe trust issue is with the govt, cause if the govt goes bankrupt... well you saw what they did with the Argentinian retirement fund government has nothing to do with the prs, they just co-operate with the finance house to encourage us to save for additional retirement rather than solely depends on epf. in short, even government bankrupt you're still safe with your prs. thats what i understood. https://www.fundsupermart.com.my/main/resea...?articleNo=2967 |
|
|
|
|
|
Jan 11 2018, 12:33 PM
Return to original view | Post
#7
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
QUOTE(MeToo @ Jan 11 2018, 12:13 PM) Tanggapan anda salah. you answered your own question.+++++ You may wish to make regular withdrawal or lump sum withdrawal. Request for withdrawals may be made in the following circumstances: 1. After the day the member reaches the retirement age (or at any other age as the SC may specify from time to time), withdrawals may be made in part or in full; 2. Following the death of the member, only full withdrawals may be made; 3. Prior to the member reaching the retirement age, withdrawals from sub-account B may be made in part or in full; 4. Permanent departure of a member from Malaysia, only full withdrawals may be made; 5. In the event of permanent total disablement (PTD)/serious disease (SD)/ mental disability (MD), only full withdrawals may be made. +++++ |
|
|
Jan 11 2018, 12:44 PM
Return to original view | Post
#8
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
|
|
|
Jun 3 2020, 02:05 PM
Return to original view | Post
#9
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
anyone knows will the redemption of PRS affect our personal tax?
|
|
|
Jun 3 2020, 02:16 PM
Return to original view | Post
#10
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
|
|
|
Jan 20 2021, 03:56 PM
Return to original view | IPv6 | Post
#11
|
![]() ![]() ![]() ![]() ![]()
Senior Member
937 posts Joined: Jun 2006 |
received my tng code few mins ago.
|
| Change to: | 0.0273sec
0.74
7 queries
GZIP Disabled
Time is now: 14th December 2025 - 11:18 AM |