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 Private Retirement Scheme Started?

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wodenus
post Sep 4 2012, 06:08 PM

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FSM also has a PRS (deducted from salary). Anyway don't need to depend on government, just agree with yourself to put away x% of your income in a unit trust every month, should see the results when you retire smile.gif

wodenus
post Sep 4 2012, 07:28 PM

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QUOTE(umapathy @ Sep 4 2012, 07:07 PM)
Thanks for the input.

What  is the minimum commitment for PRS monthly? In this case ING which already started.

Thanks
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Check it out at http://www.fundsupermart.com.my under "Regular Savings Plan" smile.gif

wodenus
post Sep 5 2012, 01:11 PM

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QUOTE(j.passing.by @ Sep 4 2012, 10:46 PM)
PRS = regular savings plan.  doh.gif (closest icon I can find, actually looking for pengsan.)
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What's the difference? smile.gif compare PRS and RSP, and someone putting in a fixed amount every month, and tell me what the difference is smile.gif


This post has been edited by wodenus: Sep 5 2012, 01:12 PM
wodenus
post Sep 5 2012, 01:59 PM

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QUOTE(yong417 @ Sep 5 2012, 01:43 PM)
Personal income tax payable (i guess  blush.gif )
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Cool.. now figure out if your taxes are going to be less if you have a Rm3000 tax relief. If not then it makes no difference right? smile.gif


This post has been edited by wodenus: Sep 5 2012, 02:01 PM

 

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