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 Private Retirement Fund, What the hell is that??

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inquiries
post May 8 2019, 11:40 PM

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iirc, they release the incentives in batches, and it can take months for it to be released. As long as you invested at least RM1000 (in ONE fund), there's no need to worry for now.
inquiries
post May 9 2019, 11:30 AM

Getting Started
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Junior Member
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QUOTE(MUM @ May 8 2019, 11:45 PM)
hmm.gif but there was a stated allocation budget of RM165 million for this youth incentives.....

https://financemalaysia.blogspot.com/2017/0...e-enhanced.html

thus subjected to first come, first get basis until the full allocation of RM165mil being disbursed.
Meaning there are only 165,000 youths are able to grab it. So, it's guaranteed subject to availability of the allocated fund.

what "if" it had been depleted?
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Oops, sorry I wasn't aware of that. I was sharing my opinion as it took around 7 or 8 months for my friend to receive the RM1000 incentives (my friend invested at end of 2017).

165,000 youths (for 2017 & 2018) seems quite restrictive, hopefully most of the Malaysian youths have already invested prior to 2017.


 

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