Private Retirement Fund, What the hell is that??
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 Mar 29 2014, 10:58 PM
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#1
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Senior Member
2,750 posts Joined: Dec 2004 From: Malaysia  
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QUOTE(PrincZe @ Mar 29 2014, 08:54 PM) guys, question please. No. Prs is aimed to keep until you retired. Unless you don't mind being penalised.is it like , i take this scheme. every month i invest rm100 or rm1k per year, i get rm500 into my account? after 1 year, i can close the account?  |
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Mar 29 2014, 11:42 PM
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#2
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Senior Member
2,750 posts Joined: Dec 2004 From: Malaysia
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QUOTE(PrincZe @ Mar 29 2014, 11:02 PM) so when does my rm500 comes in? RM500 is given once for lifetime, so it is not something too good to be truewas thinking too good to be true. thought of asking further info on this. because i thought it's benefit ma. every year as long got save 1k, give u rm500. lol  silly me  i believe just a strategy to build the awareness of PRS and attract ppl to buy...... Personally, i would say PRS just something like EPF in voluntary basis and giving you additional tax deduction |
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