Some more EPF news.
As Malaysians eagerly anticipate the Employees Provident Fund’s (EPF) announcement of the 2023 dividend rates, expert forecasts suggest a potential increase.

The provident fund, a cornerstone of retirement security for many, is expected to reveal its payout ratio in early March, with predictions placing it between 5.5% and 6.5%.
This marks a potential uptick from the previous year’s 5.35%, igniting optimism among contributors.
Analysts from various sectors are weighing in on the potential outcomes.

Tax experts and financial analysts temper expectations while acknowledging the fund’s solid economic scale.
Securing Futures: EPF Steadfast Through Market Swings
With an impressive RM1.1 trillion in assets under management, the EPF significantly influences investment trends and outcomes.

The provident fund’s performance is not just a matter of percentages but a reflection of strategic investment decisions in a challenging economic climate.

Each percentage point in dividends represents a substantial payout of RM11 billion, a testament to the fund’s scale and impact on individual financial security.

As Malaysians await the official announcement, the EPF stands as a testament to the country’s commitment to its workforce’s future, ensuring that even in uncertain times, the fruits of labour can continue to grow and provide comfort in the years.

Many Malaysians further leverage their EPF savings by investing in unit trust funds for additional growth.
https://newswav.com/A2402_JdruSm?s=A_sdm836s&language=en

I guess we need to tikam when the pre-empt announcement for actual EPF dividend announcement  also..

Above 6%
Asali - 7%
virtualgay - 6.88% | 6.44%
yungkit14 - 6.50%
TheEvilMan1909 - 6.45%
leo_kiatez - 6.43%
contestchris - 6.40%
guanteik - 6.35%
ikanbilis - 6.30%
oks911 - 6.25%
mroys - 6.25%
fuzzy - 6.20%
N9484640 - 6.20%
CommodoreAmiga - 6.15%
tehoice - 6.15% (+- 0.05%)
kiwifruit - 6.1%
Kens88` - 6.1%
sj - 6.05
Netcrawler - 6.05
KIP21 - 6.05%
nexona88 - 6% +/-
tifosi - 6%
Pseudomonas - 6% (upper limit 6.5%)
Cubalagi - 6%
Jenn77 - 6%
kechung - 6%
cckkpr -6.15%

Below 6%
gashout 5.95%
Gamenoob 5.92%
Sitting Duck 5.9%
poweredbydiscuz - 5.85%
handsome ankle - 5.85%
jimbet1337 - 5.85%
prophetjul 5.838%
Rinth - 5.8%
CPURanger - 5.8%
polarzbearz - 5.75%
ronnie - 5.5%
Vinchee1219 -5.9%
Lembu Goreng - 5.85%
Vtyw - 5.9%
romuluz777 - 5.55 sad.gif
Pmx - 4.9%

I tikam 5.90%

6.1 /5.9 %

6.3%

so u mean if want to perform voluntary contribution, it is better to do it at start of the year instead of year end right?

just wondering do you have any example calculation on the loss of interest for contribution at start of the year vs year end?

a hypothetical question

if i put 100k in january.

then the year dividend is 6%, will i get more than 6% overall? since I contributed starting of the year? when others only evenly distributed the 100k throughout the year and get 6%.

so 100k in january, dividend at 6%, they would get more than 6k dividend

100k throughout will get exactly 6k.

am i right

housing loan interest might change?

do you have enough for emergency fund or liquidity?

i see tycoon still contribute to epf.... thought you retired... and living off dividend

still working? thought you have stopped?

not working where fund to self contribute.

from crypto?         

Bila nak announce dividend ni????

How well did he do at PNB....

If 2019, he looks shite. Then EPF is not in good hands.

Can be as low of 5.4%
Which is just 0.05% above from the previous dividend rates...

Moving forward when 70% & above investment is in local market....

Dividend rate range is low...
5% ranges only... Hard to reach 6% above

Cry. That’s how bad the govt is if 5.6

it says Sunday 3rd March... how come Saturday ?

Lol even this is waay off.

Less than 1% of active members has more than a million balance.

My estimate based on account balance end 22

B4 : 1-1199
M40: 1200-7499
T20: 7500 above

Based on 6% dividends

A T20 balance starts at about RM125k.