It is October, and your HR department has just sent the annual reminder: “Contribute to PRS before year-end to enjoy tax relief.” A colleague forwards you a screenshot from a Facebook finance group with the caption “close eyes and contribute, confirm untung.” You open your banking app, transfer RM3,000 into a Private Retirement Scheme fund
Imagine this: You are 42 years old, the main breadwinner in your family, and you have just been diagnosed with early-stage colon cancer. You have a medical card with a RM1 million annual limit. You feel protected. But three weeks later, you are sitting at home recovering from surgery, unable to work – and the
You have just signed the Sale and Purchase Agreement for your first home. Then your banker slides a folder across the table and says: “You will need MRTA. It is a one-time payment – we can roll it into the loan.” Most Malaysians sign without asking questions. After all, is mortgage insurance not just mortgage