Fundsupermart.com v4, Manage your own unit trust portfolio
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 Oct 18 2013, 02:09 PM
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#1
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Senior Member
628 posts Joined: Oct 2005  
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For the current PRS promotion by FSM, if I just put a one-time lump sum of RM3000 for any of the PRS Fund, do I still need to periodically top it up, or I can just leave the RM3000 until I reach 55, irrespective of whether it is a profit or loss.
For the RM3000 income tax relief, is it only for the 1st year, or as long as the RM3000 is in PRS, I can keep claiming RM3000 every year? |
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Oct 18 2013, 02:43 PM
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#2
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Senior Member
628 posts Joined: Oct 2005
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QUOTE(yklooi @ Oct 18 2013, 02:17 PM) PRS is a voluntary scheme for individuals who are 18 years old and above. Under the PRS, a contributor can contribute any amount as and when he or she is able to do so, subject to a minimum initial contribution of RM100. OK, got it. I already have EPF, so just giving PRS a thought due to the RM3000 tax relief.tax relief is for yr 2012 to 2021, if you want to claim 3000 every year, you need to contribute 3000 yearly.  http://www.fundsupermart.com.my/main/resea...?articleNo=2965  |
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