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 Private Retirement Fund, What the hell is that??

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sense_less143
post Dec 16 2015, 12:17 PM

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Hey guys, anyone here took advantage of the PRS youth scheme? It's the one where you get RM500 from govt if you invest RM1000.

I'm wondering why my RM1000 increased but RM500 decreased.

Pic here:

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sense_less143
post Dec 16 2015, 03:04 PM

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QUOTE(cempedaklife @ Dec 16 2015, 12:50 PM)
doh.gif
when the time you bought, the price was lower than the price now.
while when govt give the incentive and purchase the PRS, the price was higher than the price now.
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Ah lol ok thanks
sense_less143
post Dec 16 2015, 03:05 PM

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QUOTE(ivzh @ Dec 16 2015, 02:00 PM)
Would like to ask a noob question here,
let say if i m still <30 year old, and if i invest PRS via FSM, can I entitle the rm500 from gov?
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I made a FAQ on this: http://ringgitohringgit.com/2015/12/13/faq...me-in-malaysia/
sense_less143
post Dec 18 2015, 12:06 AM

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QUOTE(cklimm @ Dec 17 2015, 11:07 PM)
Is there any PRS provider accept credit card? it will be great to earn cashback+points
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I like how you think!

Re: my FAQ - the EPF part was amended. Thanks for comments, saya budak baru belajar!
sense_less143
post Jun 6 2018, 01:04 PM

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QUOTE(windvind @ Jun 6 2018, 07:32 AM)
I bought in Nov last year and yet to receive the incentive.
I dont think the new government would cancel this kind of incentives as they are for the good of the rakyat. What bad is there on saving for retirement.
Even PNB Adam 50 is still ongoing after change of gov.

Lets just hope, i will still continue saving 3k per year as the income tax rebate is still on for this year.
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Agree. So far the new govt is very ethical. I'd be very surprised if they axe this good initiative

 

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