while waiting for further news/info from the authority ...
I bet/think is, one need to put in RM3000 + what ever that had been withdrawn under this special perks, to qualify for the max tax relief of RM3k claim in next year April tax submission.

my reason is being,
that is current non tax penalty withdrawal of RM1500 is to help those in need of money to tie over the cash flow problem due to the impact of Covid19,
since if one can have "surplus money" to put into PRS, then it just shown that one did not have cash flow problem anymore,....thus they need to put back that withdrawn money back too

hmm..
is it current offer of RM1.5k withdrawal offer?
OR
"usual withdrawal", where if below retirement 55, we have to "pay back" 8%. as cost of withdrawal?

other than the above possibility,
i havent read anything on similar on "equivalent to additional income, thus impact total tax of 2020, filed in 2021 Mar/Apr".

yeah - i betting that too since LHDN learned from their earlier SSPN loop-hole (now closed off)

erm, i am referring to this current 1.5k withdrawal offer.

but even if so, i supposed the normal withdrawal too will not be considered as an income to you right? the one that you will have to pay 8% penalty.

Cant find any option to withdraw/sell PRS in Fundsupermart FSM

Manual process

15.7 Can I sell my PRS funds?
Yes, you can sell your units in Account B after 1 year of your subscription. You will need to submit a copy of fund house redemption form to process the withdrawal. Please be noted that a tax penalty of 8% will occur to you by to Inland Revenue Board of Malaysia unless your age is 55 and above.

The PPA pre-retirement redemption fee of MYR 25.00 is waived by PPA until further notice.

For account A, you can only redeem your PRS investments upon retirement age of 55.

Redemption for a deceased member or permanent departure of a member from Malaysia are required to furnish documents which required by PPA. You may click here to view the details.

https://www.fundsupermart.com.my/fsmone/fun...ment-Scheme-PRS

Thanks for the link! I thought can sell directly there.

How long will it take to open a PRS account in PPA website?

Have you bought before?

No. Just sent the documents needed to AmBank last month. Waiting for approval.

So you want to have access to PPA website right?

https://www.ppa.my/about-ppa/ppa-faq/first-...gin-procedures/

This post has been edited by GrumpyNooby: Apr 14 2020, 01:48 PM

I paid 100.50, and why the balance became 104.02?

This post has been edited by Wong Kit yew: Apr 14 2020, 04:07 PM

Fund gain?

First buy buying (account opening) through PPA website.

Should be gains from your fund lo

The fund she chose for me is AmPRS- Moderate Fund. If I want to buy AMPRS- Tactical Fund. Can I ask the fund manager to add it?

You can buy yourself from AmInvest Online Platform.

This post has been edited by GrumpyNooby: Apr 14 2020, 07:16 PM

can buy new fund via PPA?

Edited. Only top up to existing fund.

You mean this one. Thanks for your advice.

They should grant credential for online account right?

https://www.aminvest.com/eng/Pages/home.aspx