Retirement Mutual Funds provide you with a long-term savings plan to help you when you retire. They also offer special tax deductible incentives and are exempted from tax on capital gains.

The following conditions apply:

• The investment amount should be at least 3% of your disposable annual income or 5,000 Bt, whichever amount is lower. You must make at least one investment per year however, a maximum grace period of one year is acceptable. You can also skip investments if you have no disposable income for that particular year.
• All investments must be held continuously for a minimum of 5 years and can be redeemed when you reach the age of 55 years or older. 
• The investment amount should not exceed 15% of your annual disposable income, and should not be more than 300,000 Bt when combined with provident funds or government pension funds.

To learn more about the special tax privileges that these funds offer, contact a Bangkok Bank branch, or call 1333 or (66) 0-2645-5555 or you can contact BBL Asset Management on (66) 0-2679-6400.