Private Retirement Fund, What the hell is that??
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 Dec 5 2020, 08:49 PM
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#1
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Senior Member
1,922 posts Joined: Jan 2005 
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Hi to all sifus here. I am a newbie in this prs. Planning to get prs for the first time to maximize the tax relief for ya2020.
(1) is it too late to buy prs now since almost year end? (2) i would like to open an account with fsm and buy prs from there.any recommended prs fund to get? |
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Dec 5 2020, 09:21 PM
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#2
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Senior Member
1,922 posts Joined: Jan 2005
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QUOTE(GrumpyNooby @ Dec 5 2020, 08:51 PM) (1) There's a cut-off date. Check with respective platform or PRS provider Thx(2) Fund recommendation please read pages back. Have been asked many many times.  |
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Dec 13 2020, 10:19 PM
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#3
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Senior Member
1,922 posts Joined: Jan 2005
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Finally my first top up of RM3k at FSM reflected in FSM and PPA portal. I notice that that the net amount is RM2.99k only. RM10 should go for account opening.
Just wonder next year tax filling is normally RM2.99k or RM3k? Thanks. |
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Dec 13 2020, 11:24 PM
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#4
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Senior Member
1,922 posts Joined: Jan 2005
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QUOTE(!@#$%^ @ Dec 13 2020, 10:50 PM) 3k Glad to know that...ThxQUOTE(cklimm @ Dec 13 2020, 10:57 PM) they wont kacau you for RM10 difference lah Must becareful even for small amount. My colleague kena fined because one of the book receipt of small amount missing..dont play play .haha |
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Jan 2 2021, 10:11 AM
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#5
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Senior Member
1,922 posts Joined: Jan 2005
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HI all. I want to ask about nomination.
I purchased this PRS thru FSM using formless application. During the application, i just initial on the last page. When i want to submit the nomination form to PRS provider or PPA, can i use full signature or must follow back previous initial as signature? |
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Jan 20 2021, 02:47 PM
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#6
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Senior Member
1,922 posts Joined: Jan 2005
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Finally received tng pin.
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Mar 6 2021, 01:09 AM
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#7
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Senior Member
1,922 posts Joined: Jan 2005
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Wondering did you guys receive any statement for tax filing?
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Mar 6 2021, 10:37 AM
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#8
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Senior Member
1,922 posts Joined: Jan 2005
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QUOTE(GrumpyNooby @ Mar 6 2021, 05:29 AM) Annual Statement page in PPA portal doesn't show the exact contribution of the year. I see. I subscribed thru FSM. The PPA contribution page show only RM2990 instead of RM3000. Can i claim full RM3000?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. |
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Mar 23 2023, 11:44 AM
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#9
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Senior Member
1,922 posts Joined: Jan 2005
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Bought prs for 3 year.... Rugi jer. Never see green. Now almost eating my tax relief.. Haha
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