EPF DIVIDEND, EPF
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 Jun 23 2024, 09:43 PM
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Senior Member
3,668 posts Joined: Apr 2019 
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QUOTE(cempedaklife @ Jun 23 2024, 09:37 PM) For those over 1mil kinda withdrawal allowed, the withdrawal amount is allowable until min 1mil still in epf regardless of acc? I would think so... my acct 2 (and acct 3also) are both at 0 already... can still take out. How is it?  99.9% sure that as long as sum of acct 1 + 2 + 3 is above 1 million, can take out... cempedaklife and nexona88 liked this post
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Jun 23 2024, 10:14 PM
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Junior Member
850 posts Joined: Jun 2015 
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QUOTE(ronnie @ Jun 21 2024, 06:33 AM) If Account 3 will have same dividend in 2025 onwards, itβs wiser decision Next year same dividen all of 3 accounts on what they announce. This was mentioned multiple timeBut new contributions is only 10% goes thereβ¦ until 31/8 you can move more from Account 2 Some will prefer to diversify but both also Govt control |
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Jun 24 2024, 07:33 AM
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Senior Member
2,215 posts Joined: Oct 2010
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QUOTE(cempedaklife @ Jun 23 2024, 10:37 PM) For those over 1mil kinda withdrawal allowed, the withdrawal amount is allowable until min 1mil still in epf regardless of acc? Yes, and Acct 3 will be emptied first followed by Acct 2 and then Acct 1.How is it? Minimum overall balance needs to be 1M. jimbet1337, gashout, and 2 others liked this post
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Jun 24 2024, 08:40 AM
Show posts by this member only | IPv6 | Post
#20344
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Senior Member
4,357 posts Joined: Oct 2010 From: KL
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QUOTE(Wedchar2912 @ Jun 23 2024, 09:43 PM) I would think so... my acct 2 (and acct 3also) are both at 0 already... can still take out. 99.9% sure that as long as sum of acct 1 + 2 + 3 is above 1 million, can take out... QUOTE(romuluz777 @ Jun 24 2024, 07:33 AM) Yes, and Acct 3 will be emptied first followed by Acct 2 and then Acct 1. Thank you!Minimum overall balance needs to be 1M. |
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Jun 24 2024, 03:33 PM
Show posts by this member only | IPv6 | Post
#20345
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Senior Member
5,741 posts Joined: Apr 2019
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QUOTE(Wedchar2912 @ Jun 23 2024, 09:43 PM) I would think so... my acct 2 (and acct 3also) are both at 0 already... can still take out. 99.9% sure that as long as sum of acct 1 + 2 + 3 is above 1 million, can take out... QUOTE(romuluz777 @ Jun 24 2024, 07:33 AM) Yes, and Acct 3 will be emptied first followed by Acct 2 and then Acct 1. My idol πππMinimum overall balance needs to be 1M. |
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Jun 24 2024, 09:12 PM
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Senior Member
6,241 posts Joined: Jun 2006
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today got surprise letter from kwsp... ask to save in kwsp and get i saraan...
you guys really withdrawing gao gao... hahaha |
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Jun 24 2024, 09:25 PM
Show posts by this member only | IPv6 | Post
#20347
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Senior Member
7,106 posts Joined: Jan 2003 
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QUOTE(yungkit14 @ Jun 23 2024, 10:14 PM) Next year same dividen all of 3 accounts on what they announce. This was mentioned multiple time Only Dividend for 2024 is confirmed the same. For 2025 they will look see look see.QUOTE However, EPF chief executive officer Ahmad Zulqarnain Onn said that while at present the dividends remained the same across all three accounts, this could change in the future. "This was because, by default, liquid assets do not attract higher interest rates or dividends," he was reported as saying nexona88 liked this post
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Jun 24 2024, 10:11 PM
Show posts by this member only | IPv6 | Post
#20348
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All Stars
48,526 posts Joined: Sep 2014 From: REality
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QUOTE(dwRK @ Jun 24 2024, 09:12 PM) today got surprise letter from kwsp... ask to save in kwsp and get i saraan... Letter as?? you guys really withdrawing gao gao... hahaha Printed hard copy posted to your registered address?? Or email in soft copy format... |
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Jun 25 2024, 10:24 AM
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Senior Member
8,667 posts Joined: Aug 2019 From: Penang <-> Singapore
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QUOTE(dwRK @ Jun 24 2024, 09:12 PM) today got surprise letter from kwsp... ask to save in kwsp and get i saraan... you guys really withdrawing gao gao... hahaha  |
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Jun 25 2024, 12:05 PM
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Senior Member
6,241 posts Joined: Jun 2006
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QUOTE(nexona88 @ Jun 24 2024, 10:11 PM) Letter as?? hard copy with name... lol...Printed hard copy posted to your registered address?? Or email in soft copy format... nexona88 liked this post
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Jun 25 2024, 12:33 PM
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Senior Member
3,668 posts Joined: Apr 2019
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QUOTE(dwRK @ Jun 24 2024, 09:12 PM) today got surprise letter from kwsp... ask to save in kwsp and get i saraan... what to do.... epf does portfolio rebalancing, so must I. you guys really withdrawing gao gao... hahaha plus the march reserve incident reduces a bit of my liking of epf. just a bit...  really ar... hardcopy somemore... waste money right? QUOTE(dwRK @ Jun 25 2024, 12:05 PM) hard copy with name... lol... This post has been edited by Wedchar2912: Jun 25 2024, 12:34 PM |
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Jun 25 2024, 02:08 PM
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Senior Member
6,818 posts Joined: Oct 2008 From: Kuala Lumpur 
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QUOTE(dwRK @ Jun 25 2024, 12:05 PM) hard copy with name... lol... Lol... I wonder they send letter for those not actively contributing as in without employer only? |
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Jun 25 2024, 02:20 PM
Show posts by this member only | IPv6 | Post
#20353
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All Stars
48,526 posts Joined: Sep 2014 From: REality
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QUOTE(dwRK @ Jun 25 2024, 12:05 PM) hard copy with name... lol... I didn't get any letter yet...Probably I'm too "poor" in their eye.... Meaning not gonna fill up 100k yearly |
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Jun 25 2024, 02:25 PM
Show posts by this member only | IPv6 | Post
#20354
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All Stars
12,273 posts Joined: Oct 2010
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https://www.freemalaysiatoday.com/category/...yndicate-in-kk/
MBSB debacle. EPF shareholders dividend gone to repay the RM24mil. Is MBSB board accountable? |
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Jun 25 2024, 03:12 PM
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Senior Member
3,864 posts Joined: Jun 2022
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QUOTE(nexona88 @ Jun 25 2024, 02:20 PM) I didn't get any letter yet... No. Because you are too rich with fat EPF account, so they don't bothered to send letter to you. Waste time only. πProbably I'm too "poor" in their eye.... Meaning not gonna fill up 100k yearly |
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Jun 25 2024, 03:13 PM
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Senior Member
3,864 posts Joined: Jun 2022
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QUOTE(prophetjul @ Jun 25 2024, 02:25 PM) https://www.freemalaysiatoday.com/category/...yndicate-in-kk/ One way or other going to affect. Either MBSB write off as loss...this affects profit...and dividend. Unless they got some insurance to cover this kind of scams.MBSB debacle. EPF shareholders dividend gone to repay the RM24mil. Is MBSB board accountable? |
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Jun 25 2024, 03:38 PM
Show posts by this member only | IPv6 | Post
#20357
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All Stars
48,526 posts Joined: Sep 2014 From: REality
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QUOTE(CommodoreAmiga @ Jun 25 2024, 03:12 PM) No. Because you are too rich with fat EPF account, so they don't bothered to send letter to you. Waste time only. π Huh??Got like this also π Anyway... Got letter or not... Still would deposit some $$$... It's still one of safe place with guaranteed 2.5% rate... But in smaller amounts |
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Jun 25 2024, 03:39 PM
Show posts by this member only | IPv6 | Post
#20358
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Junior Member
844 posts Joined: Sep 2011
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QUOTE(prophetjul @ Jun 25 2024, 02:25 PM) https://www.freemalaysiatoday.com/category/...yndicate-in-kk/ Why? Aren't they both separate entities?MBSB debacle. EPF shareholders dividend gone to repay the RM24mil. Is MBSB board accountable? |
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Jun 25 2024, 03:47 PM
Show posts by this member only | IPv6 | Post
#20359
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All Stars
48,526 posts Joined: Sep 2014 From: REality
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QUOTE(prophetjul @ Jun 25 2024, 02:25 PM) https://www.freemalaysiatoday.com/category/...yndicate-in-kk/ More like dividend from MBSB gone...MBSB debacle. EPF shareholders dividend gone to repay the RM24mil. Is MBSB board accountable? Not sure it's covered by insurance or not... If not, write down & incure losses.... |
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Jun 25 2024, 03:59 PM
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Senior Member
3,668 posts Joined: Apr 2019
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QUOTE(nexona88 @ Jun 25 2024, 03:47 PM) More like dividend from MBSB gone... 20++ million ringgit is really a rounding error for EPF. as long as their share price don't crash, but even that, its market cap is only 7 billion. Not sure it's covered by insurance or not... If not, write down & incure losses.... EPf already reserved that from profit last year. lol. CommodoreAmiga liked this post
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