it is automatic

Just need to open account with them and then mail them a few documents. For more details you can refer here:

http://www.fundsupermart.com.my/main/prs/prsLandingPage.tpl

just dump 3k into any PRS, that should give you the EPF rebate $$

Alternatively you can reinvest the money from insurance on another policy or use it for some other investment

what epf rebate? tax relief u mean? or youth incentive?

tax relief =)

You should do a proper research first before selecting which PRS fund to invest. Different PRS funds have different sales fee and management fee and this will affect your return. Also try to look at the fund size and performance of the funds so you can pick the company with the best potential of return. You can refer all this at ppa.my actually...

This post has been edited by eternity4life: Nov 23 2014, 11:56 PM

any fund promotion currently?
got 3k to put, 1st time prs!

any recommendation?

What Should I Consider when joining PRS?

When making your PRS contribution, you need to take into account various factors such as your age, personal and household income, risk tolerance, retirement objective as well as the suitability of the different funds under the various Schemes to meet your retirement needs. It is important to bear in mind the cost of living and inflation in setting your retirement goal as well as to think long-term; do not be overly concerned about short-term market fluctuations. Our needs change through different stages of our lives. You should review your PRS portfolio regularly to ensure that it matches your retirement objectives.

Retirement investment objective:
Retirement life-stage:
Personal risk profile:

read more....

http://www.ppa.my/prs/joining-prs/what-should-i-consider/