QUOTE(exshige @ Nov 29 2012, 10:16 AM)
i also did a rough calculation on the GE based on the data on the website... in only translate to about 4.x% interest PA.. though is guaranteed, but is quite low for something that i have to freeze my money for 35yrs assuming i buy at age 35.
btw, i don't see GE is part of the approved PRS provider in the PPA website. sure can claim the 3k tax relief?
will it be posted in PPA website? btw, i don't see GE is part of the approved PRS provider in the PPA website. sure can claim the 3k tax relief?
i still confuse with PRS and deferred annuity.
I assume PRS is like unit trust package with is monitor by PPA and approved by PPA.
Deferred annuity is like insurance package which might not related to PPA but can be used for tax relief (might need approve from LHDM) - BuT the annuity package from ING recently is not covered insurance at all which is weird.
Besides that, just wonder how about the old annuity package which is valid for previous 1k tax relief? is that valid be part of the 3k tax relief too??
If not, what is the different between the old annuity package with deferred package?
This post has been edited by lee1234: Nov 30 2012, 01:31 PM
Nov 30 2012, 01:26 PM

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