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 Private Retirement Fund, What the hell is that??

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lenovo_T60
post Oct 2 2013, 09:18 PM

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Guys,

Any of you know if PRS is "in force" mode - means we have to contribute x amounts every months/yearly? Or we can invest based on affordability?
lenovo_T60
post Oct 2 2013, 10:04 PM

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QUOTE(yklooi @ Oct 2 2013, 09:48 PM)
PRS is a voluntary scheme for individuals who are 18 years old and above. Under the PRS, a contributor can contribute any amount as and when he or she is able to do so, subject to a minimum initial contribution of RM100.
http://www.fundsupermart.com.my/main/resea...?articleNo=2965
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Thanks yklooi.
I suppose 1st steps would be open ppa account and 1st time prs fund purchase can me buy is fsm?

 

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