Is that only for investment portfolio or include EPF Cash? 

I have 50% in cash. ALL in EPF. 

However, my investment portfolio is 25% cash 75% stocks.

Still need JPN 🤦‍♀️ help to get the ID 1st then only you use other sources like Police Missing Persons Unit to track down if it extreme cases 😂 otherwise LHDN or BNM because they will have the residential address particularly banks

Using JPN information address?
Lolz...

Typical Malaysian won't update their address to latest one.... Who follow the rules 😁

Better to use both LHDN & JPN information combination... At least can get next of kin latest working place address... Can connect from there....

now also got like 11bil $$$ unclaimed monies laying around like that...

imagine if including EPF unclaimed $$$ too... add another few more billions (probably higher???)....

so much $$$ sitting around just like that....

actually they also needed to make the process of claiming the $$ easy... now I see so much documents needed just to claim the $$$ at Accountant General's Department 

There's rule...
But not really strictly enforced....

Anyway

I think EPF should do some improvement on account information & payouts .

I mean, banking details .

So if one were over 100yo, automatic get the $$$ transfer to bank account.. Something like that

Now only when one were to withdraw.. need to give banks details

Hmm...

Another problem too...

Headache headache.....

Then what the solution.... Published in newspaper... Like what they doing now.... Not really effective actually

Hmm.. today's news and yesterday's news made me worry if i can ever retire. Yesterday there was mention of PADU system where the subsidy will be targeted and need to fill in database.. which i am sure since i don't belong to the prince earth group will make me need to pay more. Today pmx mentioned capital gain tax and gst implementation in consideration.. meaning kwsp and all investment will be affected. Sigh.... this country really cannot stay already.. things getting worse with the new unity gov. What do you ppl think?

This country can still stay.... Just to spend money or retire.
the key is to shift one's ability to generate income overseas, so as to be out of reach of the gov (regardless of who is in control).

and then try to make yourself part of the B40, nay bottom 10% of B40, if possible to get the gov's machinery off your back. Filing zero income is a good start I think.

well...

PTPTN / SSPN already done dusted.... no more incentive as news going on...   

this i-saraan thingy.... it's now like 50/50 only...

later of the month, we shall know got or not for next year 

Luxury tax all talk since 2022 but yet 🤦‍♀️ but it is has to be in place 1st as a stop gap measure before reintroducing GST in 2028 🤦‍♀️ BMW and Benz owners must get hit with it

actually, thanks to compounding effect, if 100K per year, can reach 1 million by 8 years.

so as late as 47 can still do so before 55 years old... 

Well done, I like to see those that are thinking far ahead.

If you put 100k when they're 14, by the time they are 54 this 100k will become RM1million 
Indeed, you can tell who these dengki people - always accuse people of abuse/loophole etc lah but they themselves never put in the effort or did proper planning.

I am not going the EPF route for my kids. I've realised one thing that could really help with my life is if I didn't have to pay mortgage. With this thought (and considering in 20 years it'll be almost impossible for my kids to buy their own), I purchased for my 2 kids a 2-bedroom apartment each. I just paid the downpayment, and now the apartments are being rented out (just enough to cover the mortgage+maintenance, ok lah). But by the time my kids graduate, the apartments will be fully paid off (by renters) 

Good father who plant this tree 50 years ahead who won't enjoy it but his grandkids can reap the benefit as well.

Well done 👍🏻

So I never understand why people dengki. Put in the same work 50 years earlier if you want the same outcome. Not difficult.

That's cool bro. There's another way to look at it

if you pump money into their EPF account when they're young, they can very well see their account balance. So they may go through life with a 'my retirement is secured' attitude so I am a little wary about this behaviour.

I won't tell my kids that they will inherit my EPF money. It will be a mystery (and the amount) to them untill I'm dead. I do want them to strive and achieve success on their own.

Giving them an education, plus a 2-br apartment when they start working is an ok headstart in life than most people. If they want a bigger place, they'd have to work for it on their own but at least they can use the 2-br apartment to offset the price.

Yes. Of course.
If dividends are taxed, the EPF's income will drop in tandem.

https://www.freemalaysiatoday.com/category/...-gst-govt-told/

So after dividend is taxed. Epf dividends drop or not?