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 EPF DIVIDEND, EPF

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cscheat
post Feb 19 2020, 01:40 PM

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6.05%
vinchee1219
post Feb 19 2020, 01:40 PM

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QUOTE(nexona88 @ Feb 19 2020, 01:46 PM)
This really win rate rclxm9.gif if its true...

But I expect maximum 6% only (best case situations)..
Reality could be around 5.5%
*
5.8% I expect
MUM
post Feb 19 2020, 01:46 PM

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QUOTE(plumberly @ Feb 19 2020, 01:34 PM)
+ Pakatan Harapan (PH) presidential council meeting on Friday (Feb 21).

Hoping for double GOOD news!
*
maybe triple good too .... thumbsup.gif thumbsup.gif thumbsup.gif .

Announcement on tax-related matters soon
https://www.thestar.com.my/business/busines...ed-matters-soon
Wedchar2912
post Feb 19 2020, 01:57 PM

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QUOTE(plumberly @ Feb 19 2020, 01:34 PM)
+ Pakatan Harapan (PH) presidential council meeting on Friday (Feb 21).

Hoping for double GOOD news!
*
I am guessing it will be a good announcement, else why do it together with the PC meeting. Everyone wants to bask in the good feel announcement.

If pro PH, better hope this is good, else this will be really a one time government when institutions like TH, PNB and KWAP had to be "helped by government" while EPF contributors is "abandoned".

Havoc Knightmare
post Feb 19 2020, 02:14 PM

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I can confirm that it will be released this weekend...
NorAzdanNordin
post Feb 19 2020, 02:33 PM

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Wont be over 6%. Hell, most likely wont even be close to 6%.

It'll be around 5.5% or something. EPF can't give better returns than ASB, simply for political mileage.
abe.cassim
post Feb 19 2020, 02:39 PM

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QUOTE(lyc1982 @ Feb 19 2020, 10:47 AM)
how many of you here self-contribute rm60k (or any amount) since 2018 ?
*
I just started last year. Only knew about this last year, but I wished that I discovered it earlier.

This post has been edited by abe.cassim: Feb 19 2020, 02:42 PM
lyc1982
post Feb 19 2020, 02:46 PM

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QUOTE(abe.cassim @ Feb 19 2020, 02:39 PM)
I just started last year. Only knew about this last year, but I wished that I discovered it earlier.
*
so you straight max out the rm60k in january 2019 ?
nexona88
post Feb 19 2020, 02:49 PM

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QUOTE(plumberly @ Feb 19 2020, 01:34 PM)
+ Pakatan Harapan (PH) presidential council meeting on Friday (Feb 21).

Hoping for double GOOD news!
*
Huhuh..
Same here..
Hopefully some good news for everyone 🙏👍
And some hint on package for popping up the economy...
junclj
post Feb 19 2020, 02:49 PM

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Won't get more than 6%. I guess should be lower than 5.5% because ASB 2019 dividen only has 5.5%.
abe.cassim
post Feb 19 2020, 02:53 PM

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QUOTE(lyc1982 @ Feb 19 2020, 02:46 PM)
so you straight max out the rm60k in january 2019 ?
*
Yep..on 2nd January
MUM
post Feb 19 2020, 02:59 PM

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QUOTE(abe.cassim @ Feb 19 2020, 02:53 PM)
Yep..on 2nd January
*
no interest in whole of January ...... vmad.gif
dividend start in Feb biggrin.gif
romuluz777
post Feb 19 2020, 02:59 PM

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Probably 4.90
Less than ASB
lyc1982
post Feb 19 2020, 03:28 PM

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QUOTE(abe.cassim @ Feb 19 2020, 02:53 PM)
Yep..on 2nd January
*
via M2U or cimbclicks or PBE ?
SUSbronkos
post Feb 19 2020, 05:03 PM

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QUOTE(junclj @ Feb 19 2020, 02:49 PM)
Won't get more than 6%. I guess should be lower than 5.5% because ASB 2019 dividen only has 5.5%.
*
QUOTE(romuluz777 @ Feb 19 2020, 02:59 PM)
Probably 4.90
Less than ASB
*
If less than ASNB, I will quit self contribution.


romuluz777
post Feb 19 2020, 05:04 PM

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I dont understand why is there a need to have the dividend less than ASB’s.
After all the same ppl have stakes in both.
Or is this merely a coincidence all these years ?
abe.cassim
post Feb 19 2020, 06:12 PM

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QUOTE(lyc1982 @ Feb 19 2020, 03:28 PM)
via M2U or cimbclicks or PBE ?
*
Internet banking is up to 5k per transaction..

Check or banker check , is easier..

QUOTE(MUM @ Feb 19 2020, 02:59 PM)
no interest in whole of January ...... vmad.gif
dividend start in Feb  biggrin.gif
*
No problems..still got 11 months prorated
plumberly
post Feb 19 2020, 06:25 PM

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QUOTE(abe.cassim @ Feb 19 2020, 06:12 PM)

No problems..still got 11 months prorated
*
EPF dividend is daily rest. If deposited on 2 Jan 2020, then you will get 364/365 for 2020's year dividend.

ASX is monthly rest.
SUSyklooi
post Feb 19 2020, 07:14 PM

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QUOTE(abe.cassim @ Feb 19 2020, 06:12 PM)
Internet banking is up to 5k per transaction..

Check or banker check , is easier..
No problems..still got 11 months prorated
*
thumbsup.gif that is the spirits... thumbsup.gif

unless for those that really want to squeeze every little interest out of their money, then they would deposit (self-contribute) towards the end of the month rather than at the beginning since they can park their money in a money market fund to earn extra interest,.....
for the Jan's deposits will just earn 1 day dividend no matter when within the Jan month
https://forum.lowyat.net/topic/4745820/+280
romuluz777
post Feb 19 2020, 07:40 PM

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For self cuntribution, its possible to transfer RM60K one shot on PB e-banking.

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