Be honest for a second.
Every end of the year, we all say the same thing:
“This year flew by. Did I actually make progress with my money?”
That’s when reality hits — tax season, reliefs, retirement planning, and that final “last push” before the year ends.
But here’s something most people still overlook 👀
👉 Private Retirement Scheme (PRS)
And if you’re reading this near year-end, you’re actually at the BEST possible time to take action.
What Is PRS (And Why It’s NOT a Replacement for EPF)?
PRS is a voluntary retirement investment scheme designed to help you build extra retirement savings on top of EPF, not replace it.
Think of it like this:
-
EPF = your foundation 🧱
-
PRS = your extra protection layer 🛡️
More savings = more flexibility + better retirement security later.
Why PRS on Versa Is Worth Paying Attention To Right Now 🚀
Versa currently offers a PRS Bonus Quest where you can:
✅ Unlock RM50 reward
✅ Enjoy promo rates up to 4.2% per annum (for new users)
✅ Get tax relief up to RM3,000 per year (valid until at least 2030)
All Versa products are managed by AHAM Asset Management Berhad, one of the largest and most experienced fund managers in Malaysia — so you’re not investing blindly.
How PRS Works (Simple Breakdown)
When you invest in PRS, your money is split into two parts:
🔒 Sub-Account A (70%)
-
Locked until age 55
-
Or permanent emigration
-
Purely for retirement (hard to withdraw — and that’s a good thing)
🔓 Sub-Account B (30%)
-
Can withdraw once a year
-
Early withdrawal penalty: 8% tax
-
Penalty waived for:
-
Medical expenses
-
Buying a house
-
The Tax Relief That Makes This a No-Brainer 🤯
PRS contributions qualify for personal tax relief.
Example 👇
If you’re in the 11% tax bracket and invest RM3,000 into PRS:
💸 Tax saving = RM330
That’s literally extra money back, just for planning ahead.
Save for retirement ✅
Pay less tax ✅
Win-win.
Extra Rewards on Versa (Yes, There’s More 😏)
🎯 PRS Bonus Quest
-
Invest RM3,000 into any PRS fund on Versa
-
Maintain it until year-end
-
Get RM50 reward, credited to Versa Save in January 2026
🔄 PRS Transfer Campaign
Already have PRS elsewhere?
You can transfer it into Versa.
👉 Every RM3,000 transferred = RM50 reward
👉 Max reward: RM150 per person
Just make sure your Versa PRS account is active with at least RM100 balance before transferring.
Bonus: Versa Quests Can Boost Returns Up to 9% p.a. 💥
Versa also rewards simple habits like:
-
Auto debit
-
Consistent investing
-
Reading articles
-
Answering surveys
All rewards are optional, stackable, and clearly tracked inside the Quest page.
No guessing. No confusion.
Final Reminder ⏰ Don’t Miss This Window
📅 Versa PRS Bonus Quest ends on 23 December
This is honestly one of the smartest last-minute financial moves before the year ends.
If you’re serious about:
✔ Saving tax
✔ Building retirement wealth
✔ Getting extra rewards
This is your sign.
🎁 Get RM10 FREE When You Sign Up on Versa
I’ve been using this wealth management app called Versa to grow my money.
It’s beginner-friendly, easy to navigate, and professionally managed by AHAM Asset Management Berhad.
You should try it too 👇
How to Get Your RM10 Reward:
-
Download Versa
👉 https://download.versa.com.my/1bAf/referral?deep_link_value=UAVR6K5X -
Sign up using referral code:
UAVR6K5X -
Complete onboarding & KYC
-
Cash in minimum RM100 into any Versa product
🎉 Your RM10 reward will be credited after successful completion.
⚠️ Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
If you found this useful, share it with a friend who wants to save tax before the year ends 🔁
Small action now = BIG difference later.
Let’s end the year smarter 💪💰
