No tax on PRS withdrawal after 55
http://www.theedgemalaysia.com/business-ne...g7hAC0w.twitter
Private Retirement Fund, What the hell is that??
Private Retirement Fund, What the hell is that??
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Dec 18 2013, 05:08 PM
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#1
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97 posts Joined: Dec 2013 |
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Dec 24 2013, 11:59 AM
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#2
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QUOTE(eugenecctan @ Dec 24 2013, 11:06 AM) Don't think those fall under Private Retirement Funds.Check out the providers and schemes here http://www.ppa.my/providers/providers-schemes/ |
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Dec 24 2013, 03:08 PM
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QUOTE(eugenecctan @ Dec 24 2013, 12:31 PM) There are three (3) categories for insurance tax relief.Life Insurance Policies - up to RM6k only Education & Medical Insurance - up to RM3k only Private Retirement Schemes - up to RM3k only I seriously don't think 'Deferred Annuity Plan from Maybank and Great Eastern' fall under PRS tax relief but maybe under the other two (2) categories. PRS is an additional tax relief on top of the previous two (2) categories. This post has been edited by Average-Joe: Dec 24 2013, 03:09 PM |
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Dec 24 2013, 03:57 PM
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QUOTE(ronnie @ Dec 24 2013, 03:13 PM) Used to have a special Annuity Tax Relief up to RM1000 per year... but now it's combined with PRS under RM3000 tax relief a year (from YA2012 until YA2021) Noted with thanks!Source |
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Dec 18 2015, 03:23 PM
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#5
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Dec 22 2015, 10:21 AM
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#6
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