An Eggnest Bears Fruit

An Egg-nest in Your Hands

When my son was 4 years old, I bought into an annuity for him so that part of his educational expenses at the tertiary level will be financed therefrom.

It's that time now.

After collecting back my initial outlay, we have to be reimbursed for the fees that we have paid the university.

Growing a Future

The annuity managed by KOOP Malaysia pays out  twice a year based on  academic results.

If a beneficiary fails to make the mark, he cannot collect the next disbursement due.

Those beneficiaries that quit their courses will also lose as what is left in their account will be shifted to the residual account to support other students on longer courses.

A Small Harvest

So, my son has to work doubly hard to get this annuity payout.