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Private Retirement Fund, What the hell is that??
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genuinehuman
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 Jul 23 2025, 09:57 PM
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Just wondering if anyone here is buying RM3,000 PRS yearly via FSM for tax relief purpose ?
In this scenario I plan buy using DCA method , 1k August, 1k September, 1k October, all is for the same fund > Principal RetireEasy 2050
As I read from the thread , FSM receipt is not acceptable for tax relief, if that the scenario where can I get all the 3 receipt ?
Do I contact Principal Asset Management Berhad
Customer Care Centre ask them issue me these receipt ?
Thank you !
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genuinehuman
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Jul 29 2025, 10:27 PM
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QUOTE(adele123 @ Jul 23 2025, 10:59 PM) Principal will send you an annual statement sometime next year Q1. The statement will have the total contribution you made this year. That statement will be the best proof for your tax relief. So it does not matter whether you buy from FSM or somewhere else. As long as you put money in the principal PRS fund, you will get the statement. QUOTE(Ramjade @ Jul 23 2025, 11:06 PM) Me. I have been I vesting since najin intro it. Even got free RM1k from najib. Ye si only use FSM to buy my PRS. I just lump-sum once a year. Don't really bother about DCA. You can just buy every month also if you want. I prefer lump sum as that way I get it off my to do list for the year. Yes they can email you backdated statement. Keep your eye out for SMS send to your phone. They will tell you when the statement is available to be downloaded. QUOTE(dannyjo012 @ Jul 25 2025, 03:01 PM) actually can see all in the PPA website, if you login and go to My Account > Annual Statement, so doesn't matter what provider you use. I can see my old public mutual and my new Versa/AHAM PRS statements there too. Thanks for the info !  Already register FSM and make order for PRS This post has been edited by genuinehuman: Jul 29 2025, 10:31 PM |
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