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 EPF DIVIDEND, EPF

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romuluz777
post Mar 6 2023, 05:20 PM

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QUOTE(Human Nature @ Mar 6 2023, 04:58 PM)
who the eff is this economist wannabe?  mad.gif
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yeah...I was cheesed off after reading that offending article vmad.gif
romuluz777
post Mar 6 2023, 06:01 PM

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This tiered div is all talk kok only. I really doubt it would happen in our lifetime. Nothing to worry about.
romuluz777
post Mar 7 2023, 04:54 PM

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The world, as we know it, might not even be around in 15 years.
romuluz777
post Mar 8 2023, 02:30 PM

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QUOTE(koaydarren @ Mar 8 2023, 01:39 PM)
It is well known in Malaysia that for Chinese to get government projects or important licenses, you must include bumi. They are basically sleeping partner but will take some profits without doing anything. I name it as race tax. I have few friends proudly talk about this while driving mercs or bmw.
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This shows every race gets a cut of the pie, either directly or indirectly.
Not a reason for anyone to complain much.
romuluz777
post Apr 12 2023, 06:34 PM

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QUOTE(batman1172 @ Apr 12 2023, 07:04 PM)
problem is epf can only pay dividend up to 100yo.
After that how?
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Most of the funds would go towards your nursing care costs before upcar.
romuluz777
post May 5 2023, 03:48 PM

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Nothing will change. Stop speculating.
romuluz777
post May 7 2023, 12:55 AM

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Yeah its way overdue
romuluz777
post May 7 2023, 10:03 PM

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Employer portion max at 19% for them to claim incum tax relief. Employee portion no limit.
romuluz777
post May 11 2023, 09:10 PM

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QUOTE(HolyCooler @ May 11 2023, 06:46 PM)
I am more concerned about the 100k self contribution limit. This one been dragging for quite some time now.
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They are currently in the process of finalising the initiative to increase the annual payment limit for the voluntary contribution from 60K to 100K as mentioned in the recent budget.
Further announcements regarding the implementation will be made in the near future.
romuluz777
post May 13 2023, 12:50 AM

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QUOTE(nexona88 @ May 11 2023, 10:43 PM)
When can we expect the implementation??
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Personally, I'm expecting within June/July timeframe.
Lets see cool2.gif
romuluz777
post May 13 2023, 12:32 PM

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QUOTE(TheEquatorian @ May 13 2023, 01:24 PM)
With effect 2024 I guess?
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If its implemented this year then it shud be prorated wef start date
romuluz777
post May 18 2023, 02:33 PM

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The mentality is that this is my hard earned moolah....I should be able to spend it as I wish, and cant gerenti I will live until 60 to touch it.
Now is time susah
romuluz777
post May 26 2023, 05:44 PM

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and the tanking MYR sad.gif
romuluz777
post May 27 2023, 10:00 AM

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Most welcum😉😋
romuluz777
post May 30 2023, 07:14 PM

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And inflation worsens
romuluz777
post Jun 3 2023, 07:04 AM

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Put it on 1-June, and new balance relfected this morning.
romuluz777
post Jun 3 2023, 09:36 AM

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QUOTE(guy3288 @ Jun 3 2023, 02:27 AM)
so this  RM100k already in effect now?
sekali semua orang masuk nanti dividend turun to 4%
kena tipu lah kita..
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If it does turun, simply withdraw and park it somewhere else which offers better dividends.
romuluz777
post Jun 3 2023, 11:06 AM

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QUOTE(MGM @ Jun 3 2023, 10:45 AM)
40k? Why in such hurry, better to do it end of month.
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Those are funds allocated specifically for epf so I just wanna get it done and dusted. Interest that could be earned for the month elsewhere is peanuts anyway.
romuluz777
post Jun 8 2023, 01:33 PM

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QUOTE(TheEquatorian @ Jun 8 2023, 02:03 PM)
Has anyone tried to top up beyond 60k ie additional 40k - is it possible now?
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Use the i-akaun app.
Works as advertised, smooth process.
romuluz777
post Jun 9 2023, 03:01 PM

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As a very rough rule of thumb, EPF needs approx RM9b+ to pay for every one per cent of dividend.
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