QUOTE(leo_kiatez @ May 3 2020, 10:10 PM)
How is EPF dividend calculation? Dividend is compounded monthly or daily?
I dunno. Never take out the money. I guess annually compounded..EPF DIVIDEND, EPF
|
|
 May 4 2020, 06:48 AM
Show posts by this member only | IPv6 | Post
#4341
|
 
Junior Member
182 posts Joined: Apr 2020 
|
|
Quote|
|
|
|
|
May 4 2020, 06:49 AM
Show posts by this member only | IPv6 | Post
#4342
|
|
Junior Member
182 posts Joined: Apr 2020
|
QUOTE(romuluz777 @ May 4 2020, 01:54 AM) For No.7, is this option in the drop-down menu of e-Pengeluaran menu of the i-akaun only available to EPF members with sufficient balance (i.e RM 1 juta and above) ? yes, the system automatically programmed in such a way the function/facility to withdraw will be appeared once the amount is more than a million.I mean, those who hv lesser balance will not be able to see this option in the drop-down menu when selecting New Application ? |
|
|
May 4 2020, 07:12 AM
Show posts by this member only | IPv6 | Post
#4343
|
|
All Stars
12,387 posts Joined: Feb 2020
|
EPF: Crediting of i-Lestari withdrawals from Monday
https://www.thestar.com.my/business/busines...als-from-monday |
|
|
May 4 2020, 11:52 AM
|
|
Senior Member
2,329 posts Joined: Jun 2015
|
QUOTE(farizmalek @ May 2 2020, 03:40 PM) roger. thank you.. i just check online that we can also withdraw online and transfer to our bank for amount more than 1 million. QUOTE(farizmalek @ May 3 2020, 10:29 AM) only for amount more than a million and have registered for online account at epf counter congrats on being a millionaire ! |
|
|
May 4 2020, 03:30 PM
Show posts by this member only | IPv6 | Post
#4345
|
|
Junior Member
182 posts Joined: Apr 2020
|
QUOTE(lyc1982 @ May 4 2020, 11:52 AM) congrats on being a millionaire ! Thank you.... |
|
|
May 4 2020, 03:55 PM
Show posts by this member only | IPv6 | Post
#4346
|
|
Junior Member
182 posts Joined: Apr 2020
|
QUOTE(lyc1982 @ May 4 2020, 11:52 AM) congrats on being a millionaire ! Working as a seaman, this amount is normal due to salary unless we take out the money from EPF for house and education. |
|
|
|
|
|
May 4 2020, 04:00 PM
Show posts by this member only | IPv6 | Post
#4347
|
|
Junior Member
182 posts Joined: Apr 2020
|
QUOTE(lyc1982 @ May 4 2020, 11:52 AM) congrats on being a millionaire ! https://forum.lowyat.net/index.php?showtopi...post&p=96431817 |
|
|
May 5 2020, 08:44 AM
|
|
Junior Member
90 posts Joined: Dec 2019 
|
QUOTE(afif737 @ May 3 2020, 07:05 PM) I have posted a few replies in other threads that I do not touch my EPF money, not a single sen, ever. I'm a strong believer in that actually haha. I have this concern, maybe too long lockdown in house. What if EPF suddenly without consulting the 1mil gang members, epf with the new chairman n new powerful Sr Minister, out of the context of saving the government, totally eliminate this clause on withdrawing any amount if more than 1mil option?Can epf do this? Legally. IF they planning to, do with have a window for us to withdraw the excess of 1mil to own bank whether put in FD whatever, still safer... Thoughts? |
|
|
May 6 2020, 02:36 AM
|
|
Junior Member
103 posts Joined: Nov 2014
|
QUOTE(KIP21 @ May 5 2020, 08:44 AM) I have this concern, maybe too long lockdown in house. What if EPF suddenly without consulting the 1mil gang members, epf with the new chairman n new powerful Sr Minister, out of the context of saving the government, totally eliminate this clause on withdrawing any amount if more than 1mil option? I don't know the legality of it, but for me personally it will not change my plan of not touching my epf moneyCan epf do this? Legally. IF they planning to, do with have a window for us to withdraw the excess of 1mil to own bank whether put in FD whatever, still safer... Thoughts? |
|
|
May 6 2020, 02:43 AM
Show posts by this member only | IPv6 | Post
#4350
|
Junior Member
51 posts Joined: Jul 2018
|
QUOTE(farizmalek @ May 3 2020, 10:29 AM) only for amount more than a million and have registered for online account at epf counter Im really curious about what job u did n how old are u right now? Your EPF too damn high |
|
|
May 6 2020, 12:01 PM
Show posts by this member only | IPv6 | Post
#4351
|
|
All Stars
12,268 posts Joined: Oct 2010
|
QUOTE(nasnenas @ May 6 2020, 02:43 AM) Im really curious about what job u did n how old are u right now? Your EPF too damn high Rm 1 mil? Its nothing nowadays |
|
|
May 6 2020, 12:13 PM
Show posts by this member only | IPv6 | Post
#4352
|
Senior Member
2,215 posts Joined: Oct 2010
|
True, RM 1M in the EPF is nothing. By late-30s you should already reach this level if makan gaji.
That is assuming you dont withdraw from it for anything (i.e housing, education, healthcare etc) This post has been edited by romuluz777: May 6 2020, 12:15 PM |
|
|
May 6 2020, 12:53 PM
|
Junior Member
72 posts Joined: Apr 2020
|
Leave it there and let the compounding interest does it's part.
|
|
|
|
|
|
May 6 2020, 02:53 PM
|
|
Senior Member
2,329 posts Joined: Jun 2015
|
QUOTE(romuluz777 @ May 6 2020, 12:13 PM) True, RM 1M in the EPF is nothing. By late-30s you should already reach this level if makan gaji. ermm...if your gross salary is in the range of rm5-10k...i doubt by late 30s can achieveThat is assuming you dont withdraw from it for anything (i.e housing, education, healthcare etc) even without withdrawing a single cent |
|
|
May 6 2020, 02:58 PM
Show posts by this member only | IPv6 | Post
#4355
|
|
Junior Member
182 posts Joined: Apr 2020
|
QUOTE(prophetjul @ May 6 2020, 12:01 PM) Rm 1 mil? Its nothing nowadays https://forum.lowyat.net/index.php?showtopi...post&p=96431817Any question? |
|
|
May 6 2020, 02:59 PM
Show posts by this member only | IPv6 | Post
#4356
|
|
Junior Member
182 posts Joined: Apr 2020
|
QUOTE(romuluz777 @ May 6 2020, 12:13 PM) True, RM 1M in the EPF is nothing. By late-30s you should already reach this level if makan gaji. https://forum.lowyat.net/index.php?showtopi...post&p=96431817That is assuming you dont withdraw from it for anything (i.e housing, education, healthcare etc) Any question? |
|
|
May 6 2020, 03:12 PM
|
|
Junior Member
897 posts Joined: May 2019
|
QUOTE(lyc1982 @ May 6 2020, 02:53 PM) ermm...if your gross salary is in the range of rm5-10k...i doubt by late 30s can achieve Assume start working at 24, with wages 10k per month at start and remains the same until 39. even without withdrawing a single cent 10K per month - Total EPF saved per year is only RM27K. 15 years RM414K saved, compounded with EPF return of 6%, still short 1 mil. Need more than 10K. Basically, need 5 digit wages per month. |
|
|
May 6 2020, 03:15 PM
|
|
Senior Member
2,329 posts Joined: Jun 2015
|
QUOTE(wayton @ May 6 2020, 03:12 PM) Assume start working at 24, with wages 10k per month at start and remains the same until 39. yeap...hence it's not normal with malaysia salary range10K per month - Total EPF saved per year is only RM27K. 15 years RM414K saved, compounded with EPF return of 6%, still short 1 mil. Need more than 10K. Basically, need 5 digit wages per month. and how many 24yo can start with > 10k gross salary ? of course some can argue salary will increase gradually...but by how much ? This post has been edited by lyc1982: May 6 2020, 03:17 PM |
|
|
May 6 2020, 03:23 PM
|
|
Junior Member
202 posts Joined: Nov 2015
|
QUOTE(farizmalek @ May 3 2020, 06:31 PM) now only i million... EPF revised. My advise if don't need, just keep it, your contribution per month and compounded dividen will increase the amount when reach 55y. Unless no choice...  guys this is a simple projection of what my epf account will look like after 20 years. u guys can see. getting 1 million is easy as a cake |
|
|
May 6 2020, 03:26 PM
Show posts by this member only | IPv6 | Post
#4360
|
|
Junior Member
182 posts Joined: Apr 2020
|
QUOTE(jyll92 @ May 6 2020, 03:23 PM) guys this is a simple projection of what my epf account will look like after 20 years. u guys can see. getting 1 million is easy as a cake https://forum.lowyat.net/index.php?showtopi...post&p=96431817 This post has been edited by farizmalek: May 6 2020, 03:49 PM |
| Change to: |  0.0194sec
 0.78
 6 queries
 GZIP Disabled
Time is now: 7th December 2025 - 09:31 PM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.