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1st year, I buy AMPRS - no RM8 charges correct? No
2nd year, I buy AMPRS again, RM8 charges. correct? Yes
3rd year, I buy Principal PRS then they charge RM8 only or RM16 (Rm8 for Principal + RM8 for AMPRS)?? No charge for both if buy from Principal or non-AmPRS
4th year, I dint buy anything no charge correct? No

Just sell if it's too tempting.

PRS is just for tax saving.

The return can cover the tax penalty right?
You're not selling at loss.

You can withdraw up to certain amount per PRS provider; not full withdrawal.
The amount is so petty compared to the upcoming iSinar 2.0

Reply your post at here as I thought you were posting in PRS thread:

Why can't sell and switch?
You can do it at anytime as long as you can stomach the cost.
There's no strict rule saying that must wait until retirement age.

Maybe ... got screw FSM CS or not?

If one has invested in PRS or unit trust for years, one should know that things are not reflected instantly on the ex-date like shares trading.
It could take up to weeks for all the numbers got synchronized. But I can see improvement last year as it took up to 1 week only. Maybe due to MCO.

Did you actually see me complaining that why new units haven't in yet, why my ROI drop after ex-date, why NAV has such huge drop?

This post has been edited by GrumpyNooby: Feb 18 2021, 06:09 PM

Job security for the CS.
Otherwise, unemployment number will shoot up and Saravanan will be going to have migraine!

Look under Switching & Transfer section and Withdrawals section in the below link:
https://www.ppa.my/prs-and-you/prs-faq/

Which lock in period are you referring to?

As long as your fund has aged more than 1 year, you can withdraw partial or full from Account B by paying tax penalty of 8%



https://www.ppa.my/prs-and-you/prs-faq/

Under Pre-Retirement Withdrawal for Healthcare Purposes section:

1. Am I eligible to make withdrawal for healthcare purposes?
Any PRS Member (Malaysian or foreigner) below the age of 55 are eligible to make pre-retirement withdrawals from Sub-Account B for healthcare purposes without the 8% tax penalty, as long as the applicant has been a PRS Member for at least one year.

https://www.ppa.my/prs-and-you/prs-faq/

This post has been edited by GrumpyNooby: Feb 22 2021, 06:48 PM

Please read yourself the Withdrawals section at the link given many many times:
https://www.ppa.my/prs-and-you/prs-faq/

There're 4 categories for Pre-Retirement Withdrawal (if you are below 55 years old):
A. Pre-Retirement Withdrawal for General Purposes
B. Pre-Retirement Withdrawal due to Permanent Departure
C. Pre-Retirement Withdrawal for Housing Purposes
D. Pre-Retirement Withdrawal for Healthcare Purposes

Annual Statement page in PPA portal doesn't show the exact contribution of the year.
But the Contribution page got such info.

I believe the info from this page can be used when audit.
Otherwise, you may also use the order confirmation statement from your PRS provider (fund house) as a proof of purchase.

Yes.