A Retirement Mutual Fund (RMF) is a new type of mutual fund that promotes savings and long-term investment for a comfortable life after retirement. RMFs are suitable for individuals earning income in such forms as wages, salary, and freelance income. It is particularly suitable for those who are not a member of a provident fund. Investment shall be made at least once a year with minimum investment of 5,000 baht per year. Tax-exempt redemption is applicable when an investment has been held at least 5 years (only the years in which the investor received a waiver of income tax are counted) and the investor must be at least 55 years old. SCB has a varity of RMF for you to choose.