Welcome Guest ( Log In | Register )

329 Pages « < 128 129 130 131 132 > » Bottom

Outline · [ Standard ] · Linear+

 Private Retirement Fund, What the hell is that??

views
     
Kilohertz
post Mar 9 2018, 12:48 PM

Look at all my stars!!
*******
Senior Member
2,173 posts

Joined: May 2010

QUOTE(Ramjade @ Mar 7 2018, 02:40 PM)
You can only get it once. Keep in mind there's allocation of RM160m
*
When will the incentive be usually credited? I just opened my account early this month..
Ramjade
post Mar 9 2018, 01:22 PM

20k VIP Club
*********
All Stars
24,344 posts

Joined: Feb 2011


QUOTE(Kilohertz @ Mar 9 2018, 12:48 PM)
When will the incentive be usually credited? I just opened my account early this month..
*
Payout happens only once on the two dates in 1 year.
Kilohertz
post Mar 9 2018, 05:24 PM

Look at all my stars!!
*******
Senior Member
2,173 posts

Joined: May 2010

QUOTE(Ramjade @ Mar 9 2018, 01:22 PM)
Payout happens only once on the two dates in 1 year.
*
Sry but which date was it again?
Ramjade
post Mar 9 2018, 05:51 PM

20k VIP Club
*********
All Stars
24,344 posts

Joined: Feb 2011


QUOTE(Kilohertz @ Mar 9 2018, 05:24 PM)
Sry but which date was it again?
*
Don't know. Can email PPA or FSM stuff to get more info. I emailed them before.
magika
post Mar 16 2018, 10:16 AM

Look at all my stars!!
*******
Senior Member
2,612 posts

Joined: Apr 2012
PPA website annual statement does not pinpoint actual contribution for the year 2017. How do i download, in my case AIA Prs ?

cempedaklife
post Mar 16 2018, 11:21 AM

Master Decoy
*******
Senior Member
4,350 posts

Joined: Oct 2010
From: KL


Hi, anyone submitted their nomination form to fundsupermart? i submitted months ago, but PPA website still showing not nominated.
SUSDavid83
post Mar 16 2018, 11:22 AM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(cempedaklife @ Mar 16 2018, 11:21 AM)
Hi, anyone submitted their nomination form to fundsupermart? i submitted months ago, but PPA website still showing not nominated.
*
You should check with FSM.
iamkid
post Mar 16 2018, 05:07 PM

On my way
****
Senior Member
677 posts

Joined: Jan 2009
From: Selayang/Kepong
QUOTE(Kilohertz @ Mar 9 2018, 12:48 PM)
When will the incentive be usually credited? I just opened my account early this month..
*
i also open in march. found no answer, only this. keep waiting hmm.gif


When will I receive the RM1,000? How will the incentive be transferred to me?

The RM1,000 will be automatically credited into the sub-account A of your qualified PRS Fund. PPA will notify you once the Incentive pay-out has been made into your qualified PRS Fund in the form of units.
rapple
post Mar 16 2018, 05:17 PM

Y N W A
*******
Senior Member
2,065 posts

Joined: Oct 2014
From: Ipoh,Perak
QUOTE(Ramjade @ Jan 9 2018, 05:59 PM)
Govt do one time payout either
"The incentive will be credited on bi-annual basis and PPA expects to receive and process the pay-out within 4 months from the cut off date of 30th June and 31st December each year."
*
QUOTE(iamkid @ Mar 16 2018, 05:07 PM)
i also open in march. found no answer, only this. keep waiting  hmm.gif
When will I receive the RM1,000? How will the incentive be transferred to me?

The RM1,000 will be automatically credited into the sub-account A of your qualified PRS Fund. PPA will notify you once the Incentive pay-out has been made into your qualified PRS Fund in the form of units.
*
AccShopX
post Mar 16 2018, 09:38 PM

New Member
*
Junior Member
28 posts

Joined: Mar 2018
QUOTE(David83 @ Mar 16 2018, 11:22 AM)
You should check with FSM.
*
https://www.fundsupermart.com.my/
for those new to trust funds market.
SUSDavid83
post Mar 16 2018, 09:43 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(AccShopX @ Mar 16 2018, 09:38 PM)
https://www.fundsupermart.com.my/
for those new to trust funds market.
*
Since he mentioned that he submitted the form via FSM, he should have checked with FSM instead of us in here.

prince_mk
post Mar 18 2018, 01:06 PM

Look at all my stars!!
*******
Senior Member
2,679 posts

Joined: Oct 2014


I top up PRS 3k in 2015 and 3k in 2016. total was 6k. but 0 in 2017


for PRS tax relief, can I key in 3k ?? any advise. TQ
SUSDavid83
post Mar 18 2018, 01:15 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(prince_mk @ Mar 18 2018, 01:06 PM)
I top up PRS 3k in 2015 and 3k in 2016. total was 6k. but 0 in 2017
for PRS tax relief, can I key in 3k ?? any advise. TQ
*
Of course NO!
prince_mk
post Mar 18 2018, 01:25 PM

Look at all my stars!!
*******
Senior Member
2,679 posts

Joined: Oct 2014


QUOTE(David83 @ Mar 18 2018, 01:15 PM)
Of course NO!
*
but for SSPN, it will take the outstanding balance.

can i just print the statement and claim the prs tax relief. act stupid can ah ?
SUSDavid83
post Mar 18 2018, 01:30 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(prince_mk @ Mar 18 2018, 01:25 PM)
but for SSPN, it will take the outstanding balance.

can i just print the statement and claim the prs tax relief. act stupid can ah ?
*
Who told you that for SSPN, they take the outstanding balance for tax relief purpose.

For SSPN, you need to use net deposit (tabungan bersih) NOT the balance of the starting year of assessment.
Meaning, each you need to deposit a fresh fund in order to claim for tax relief.

» Click to show Spoiler - click again to hide... «


http://www.hasil.gov.my/bt_goindex.php?bt_...nit=1&bt_sequ=1

This post has been edited by David83: Mar 18 2018, 01:31 PM
prince_mk
post Mar 18 2018, 01:32 PM

Look at all my stars!!
*******
Senior Member
2,679 posts

Joined: Oct 2014


QUOTE(David83 @ Mar 18 2018, 01:30 PM)
Who told you that for SSPN, they take the outstanding balance for tax relief purpose.

For SSPN, you need to use net deposit (tabungan bersih) NOT the balance of the starting year of assessment.
Meaning, each you need to deposit a fresh fund in order to claim for tax relief.

» Click to show Spoiler - click again to hide... «


http://www.hasil.gov.my/bt_goindex.php?bt_...nit=1&bt_sequ=1
*
oooic...oh my god...how abt me ? i din top up prs last year.

can use any trick ?
SUSDavid83
post Mar 18 2018, 01:34 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(prince_mk @ Mar 18 2018, 01:32 PM)
oooic...oh my god...how abt me ? i din top up prs last year.

can use any trick ?
*
No trick.
PRS is tied to your PPA account.
If they want to audit, it's so easy to access your PRS statement from PPA.
prince_mk
post Mar 18 2018, 01:35 PM

Look at all my stars!!
*******
Senior Member
2,679 posts

Joined: Oct 2014


QUOTE(David83 @ Mar 18 2018, 01:34 PM)
No trick.
PRS is tied to your PPA account.
If they want to audit, it's so easy to access your PRS statement from PPA.
*
so far they audited me. i just print the annual statement from PPA and submitted to them. so far okay.
SUSDavid83
post Mar 18 2018, 01:38 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(prince_mk @ Mar 18 2018, 01:35 PM)
so far they audited me. i just print the annual statement from PPA and submitted to them. so far okay.
*
It's your decision. I'm not influencing you.
I'm stating the fact.
Those auditors are human; they may overlook too.

Anyhow, I should say that PRS annual statement is a consolidated statement which doesn't break to contribution year.
The consolidated statement only breaks down to PRS provider and Fund level.
For tax relief purpose, you should use the annual statement from the PRS provider/fund house.

This post has been edited by David83: Mar 18 2018, 01:47 PM
prince_mk
post Mar 18 2018, 01:45 PM

Look at all my stars!!
*******
Senior Member
2,679 posts

Joined: Oct 2014


QUOTE(David83 @ Mar 18 2018, 01:38 PM)
It's your decision. I'm not influencing you.
I'm stating the fact.
Those auditors are human; they may overlook too.

Anyhow, I should say that PRS annual statement is a consolidate statement which doesn't break to contribution year.
The consolidated statement only breaks down to PRS provider level.
For tax relief purpose, you should use the annual statement from the PRS provider/fund house.
*
thanks David. noted.

maybe this year onwards, I shall put back 6k to cover back last year contribution.

329 Pages « < 128 129 130 131 132 > » Top
 

Change to:
| Lo-Fi Version
0.0240sec    0.53    6 queries    GZIP Disabled
Time is now: 6th December 2025 - 03:44 AM