im late joining this thread.

the discussion is getting heavier.

i will start my own PRS on january, god's willing.

This Annuity Plan by GE... which was designed to "attack" PRS as both offers RM3k Tax Relief + able to get money after retirement age (55 or 60)

Option A - If you start at age 35 and retire at age 55
If you pay RM3000 premium for 10 years only, you get Yearly Guaranteed Income for 15 years (until age 70) of RM4,365.00
If you pay RM3000 premium for 20 years only, you get Yearly Guaranteed Income for 15 years (until age 70) of RM7,747.50
+ 10-year Tax Relief of RM3000 per year.

I didnt take my license yet..

Cash or Cheque accepted lah