Hi Sifus, I am going to invest in PRS for tax purpose, may I know which company offer better value?
Private Retirement Fund, What the hell is that??
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 Dec 24 2013, 10:57 AM
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Dec 24 2013, 11:06 AM
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#2
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How about Deferred Annuity Plan from Maybank and Great Eastern?
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Dec 24 2013, 12:31 PM
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#3
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QUOTE(Average-Joe @ Dec 24 2013, 11:59 AM) Don't think those fall under Private Retirement Funds. But they are entitle for the 3k tax relief as well.Check out the providers and schemes here http://www.ppa.my/providers/providers-schemes/  |
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Dec 24 2013, 01:56 PM
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#4
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QUOTE(yklooi @ Dec 24 2013, 12:36 PM) ......have been often asked, “What is your personal preference, ie. PRS or deferred annuity?” Well, it depends on individual preferences. ..... Thanks for the sharing.http://malaysiantaxation101.com/2013/01/pe...ferred-annuity/ What is the best PSR available? Public Mutual? Which deferred annuity is better? Maybank or Great eastern? Thanks. |
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Dec 24 2013, 02:31 PM
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#5
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QUOTE(yklooi @ Dec 24 2013, 02:17 PM) read previous posting...ex page 20. Thanks, need advice from someone that know more on Deferred Annuity Plan for Maybank and GE. Thanks.maybank or GE....get the agents to propose to you compare the benefits and premium? then decide. |
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Dec 24 2013, 03:14 PM
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#6
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QUOTE(Average-Joe @ Dec 24 2013, 03:08 PM) There are three (3) categories for insurance tax relief. So confirmed by Ronnie. Life Insurance Policies - up to RM6k only Education & Medical Insurance - up to RM3k only Private Retirement Schemes - up to RM3k only I seriously don't think 'Deferred Annuity Plan from Maybank and Great Eastern' fall under PRS tax relief but maybe under the other two (2) categories. PRS is an additional tax relief on top of the previous two (2) categories.  |
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