Can I Cash Out my PRS funds?
- You can sell your units in Account B after ONE YEAR of your subscription. However, you will be taxed 8% by the Inland Revenue Board of Malaysia unless your age is 55 and above.
- You can sell your units in Account B without an 8% tax penalty for housing purposes, and healthcare purposes
- You can sell your units in Accounts A & B without an 8% tax penalty for Permanent Total Disablement (PTD)/ Serious Disease (SD)/ Mental Disability (MD)
- You are eligible to make full Cash Out upon reaching the age of 55.
You will need to contact our Customer Service team at firstname.lastname@example.org to facilitate your Cash Outs.