What EPF did right was that they started to aggressively invest overseas, in particular developed markets starting from, circa 2012. They were then able to profit from the US bull market n MYR devaluation.

Tbh I think it will be very hard in the future for EPF to repeat past 10 years return

wonder which types of property is helping those REIT making money.. majority shopping malls are not making money since MCO started in the year 2020.

Did you purchase them in SG (ie using a SG brokerage firm) and/or different accounts for the EU and US reits?

if don't mind, can share which brokerage you use?

Can we voluntarily ask our employer to deduct more of our monthly salary to go into EPF? e.g. say, 30% instead of statutory 12%?

Then on top of that, we voluntarily put in another 60k.

Previously max employeR contibution is 19%

Im not sure abt this regulation but I contribute 20% (employee) and on top of that I do the 60k self contribution and so issues so far.  Still get my 6.1% in full.

In the epf statement, it will show the 20% as monthly contribution and the self contribution as self contribution.

from EPF -Self Contribution thread...

updated: see Cute-boboi's post below....

I did 80% at one point, no issues. Any govt naturally wants more to save for retirement and this also does not affect the employer.

Yes, as long as the institution remains free from political interference. I think it is a smart way to promote retirement savings among population, we have the same scheme where I am living now.

Technically you can 100% of your nett salary. However, realistically not making sense. Of course there are those with own business or other income, etc.

But this may attract LHDN to audit your OTHER income, otherwise their question is, how you sustain without expenses ?

hope the below post can cleared that query...
 

I want 10% dividend for Senior account....

Yeah, i also don't understand.
Why the manual withdrawal? Means with manual withdrawal, then you will need to do all the fingerprint scanning and ic checking? After manual withdraw can immediately online withdraw?

Minta pencerahan from magika

I will be going there in a couple of years to fight with EPF.

Wah Unker like to read diverse opinions n grounded logic. Syabas to the forumers.

Let us all pray n hope Kwsp n our country as a whole steer back to path of good governance, rule of law n moderation.

Unker now jump to gold, Asnb n crypto thread liao. Also, my other takeaway, teach my 2 cats not to mix n get cheated by feral tabby cats that goes to neighbour house.

from memory:
the limit is 100% of net salary (after tax/PCB) - checked with my HR a year or two back before COVID-19.
ie. pay into salary a/c $0, pay into EPF as Employee's deduction = all
this is from "employee's employment", apparently differs from self-contribution $60K

was thinking to balance back my EPF to cash investments coz $60K pa is going to be long to rebalance - thus asked max amount or % to my HR XD
Yup, U can - either get your HR to guide U or if they lazy, get the form, fill & get your HR to submit/execute.

Where to get money to be "sucked" out for the development bandar malaysia or hsr....if not coming from EPF f.und

Your hard earn retirement money savings to fund government projects to be directly involved into contractors, pumping in money and assume all the "risks" of project failure. Basically wants the EPF to bailout the project, while contracts given to the cronies earning.

Mind you, these are big projects and not spare change money, hundreds of billions and potential failure is high and risk is high. EPF will assume many risks. It's not few billions and goes against the EPF SAA allocation strategies.

I'm not sure which crony contractors and rent seekers are whispering this proposals to his ears....hey, EPF have a lot of money, why don't we dig some of it from there after digging Tabung Haji, Felda and many big failures already. Where to look for Capital where we don't have risk and EPF members assume all the risks. Jho Low, Najib TIA investment scheme part 2.0

Do it... you will thank EPF every year when you realize that for every 50K rm you put into EPF, vs leaving it in FD, means you get a pick up of at least 3% pa.
50K rm x 3% pa = 1.5K rm... yes, that is 1500 rm.
That is a nice amount to have for a very nice dinner for the family. real nice dinner (no alcohol pls, as I do not believe in spending money on alcohol in a restaurant... lol).

Sound consideration for
a) anyone who is old enough; OR
b) close or above 1 million in EPF

AND

has cash left in FD earning some silly stepup high interest rate like 2.5%.
50K rm  ==>  1.5K rm extra to spend on nice dinner
100K rm ==>  3K    rm extra to spend on nice dinner and a affordable laptop for kids to play
500K rm ==>  15K  rm extra. Dinner and lodging at Pangkor laut resort for a few days and a nice laptop
...
10 mio rm ==> 300K rm extra. Donate to poorer people. Don't eat so much....
(always wondered what those 248 persons do with their dividends)

nice....

and then every few days go login online to do 1K rm withdrawals or as much spending money as you need from EPF into your bank accounts. (assuming done pushing spare cash into EPF... else deploy the cash in CASA/FD first).

nice....

and then every few days go login online to do 1K rm withdrawals or as much spending money as you need from EPF into your bank accounts. (assuming done pushing spare cash into EPF... else deploy the cash in CASA/FD first).