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

Private Retirement Fund, What the hell is that??
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Dec 16 2015, 12:17 PM
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#1
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Junior Member
428 posts Joined: Jun 2007 |
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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Dec 16 2015, 03:04 PM
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#2
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Junior Member
428 posts Joined: Jun 2007 |
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Dec 16 2015, 03:05 PM
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#3
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Junior Member
428 posts Joined: Jun 2007 |
QUOTE(ivzh @ Dec 16 2015, 02:00 PM) Would like to ask a noob question here, I made a FAQ on this: http://ringgitohringgit.com/2015/12/13/faq...me-in-malaysia/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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Dec 18 2015, 12:06 AM
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#4
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Junior Member
428 posts Joined: Jun 2007 |
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Jun 6 2018, 01:04 PM
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#5
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Junior Member
428 posts Joined: Jun 2007 |
QUOTE(windvind @ Jun 6 2018, 07:32 AM) I bought in Nov last year and yet to receive the incentive. Agree. So far the new govt is very ethical. I'd be very surprised if they axe this good initiativeI 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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