govt consider to exempt this 2% for govt related dividend such as EPF asnb etc....

Means for now is all kena untill govt confirm exempt govt related dividend...

The word used is consideration (pertimbangan) to exempt from epf and pnb and foreign dividends.

You guys keep harping about the 2% tax thingy for EPF

But missed out another big news point today..


EPF intergenerational wealth transfer
https://www.thestar.com.my/news/nation/2024...o-be-introduced

No details on that part..

Need EPF official announcement

But from the minimum news information that posted...

It's more likely from Parents to Children first... Directly...

Like those i-suri style... Husband to Wife 😁

before you die do the transfer... not after hahaha

Most of them offer coverage up to 200K per policy. There are 5 companies providing 5 conventional and 5 takaful insurance options, so I purchased all 10 critical illness (CI) policies.

Yesterday, I met with my insurance agent to add an additional CI coverage of 550K for an annual premium of RM 3,600. Then, I added 10 more policies from iLindungi totaling 1.6M (inclusive of 300K early stage and 300K life), for only RM 5,131 in annual premiums.

Today I had just max out my critical illness coverage with 10 policies from iLindungi, and I found it quite affordable compared to agents. Even my agent mentioned it's inexpensive, and it's not possible to get a quotation lower than KWSP. Am I making the right decision?

I've adjusted my coverage to include 5 yearly renewable policies, but I decided not to purchase the 5 one-year term policies because I find term coverage quite mafan. This change maintains a total coverage of 1 million at the age 35 smoker rate, costing RM 3,682 per annum, which is 50% cheaper than what my current agent offers. I'm staying with my current agent but have added the iLindungi scheme to my coverage.

Just do app clear data and login again

Got my kids to create their EPF account. To take advantage of I-Saraan 15% special incentive, do they need to Self Deposit or is there a way i can Send/Transfer to their account?

Any reason convert already cannot opt out?

Those aged 53 this year planning to retire in 2025 has just been fucuked by EPF?

So far i have seen it will be reflected into the account within 2 days (no need working days)

Can start to tikam now

See... EPF is very good and is also thinking for those in the T20 and above...

This is why the EPF, with their all-knowing thought process and benevolent intentions, decided that the new limit should be RM 1.3 million before one can withdraw the excess, starting three years from this year.

Your calculation indicated 24 years to go up by 60%.... while EPF's calculation just needed 4 years to go up by 30%....