A Practical Guide to PRS in Malaysia (For Normal People Who Just Want Lower Tax and Lower Risk)
Private Retirement Scheme (PRS) is a long-term voluntary savings initiative introduced by the Malaysian government to encourage Malaysians to invest for retirement. You can claim up to RM3,000 in personal tax relief each year when you contribute to PRS. Under Budget 2025, this tax relief has been extended until 2030, making PRS one of the…