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 EPF DIVIDEND, EPF

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SUSDavid83
post Feb 16 2019, 03:58 PM

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QUOTE(walkman660 @ Feb 16 2019, 03:53 PM)
Guys, wanted to ask if my mom withdraw all my father's epf saving due to his death on October 2018, my father still entitled for the dividend? Anyone who experienced this please share.
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Read this on how the EPF dividend is calculated and awarded:

https://1-million-dollar-blog.com/how-to-ca...e-epf-dividend/
SUSDavid83
post Feb 18 2019, 10:35 AM

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QUOTE(bluesky_1985 @ Feb 18 2019, 10:33 AM)
hello all, my wife not yet register the I-akaun, can she get the activation code without go to EPF office or Kiosk?
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Cannot.
You need to do it on the EPF kiosk including those at shopping mall.
Fingerprint verification is needed.

This post has been edited by David83: Feb 18 2019, 10:35 AM
SUSDavid83
post Feb 18 2019, 04:37 PM

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QUOTE(guy3288 @ Feb 18 2019, 04:32 PM)
If paid prorata, is same right?
deposit in Jan get 12 months dividend, deposit in June get 6 months?

I read about the dividend calculation above, seems like deposit on 1.Jan 2019 and deposit on 30.Jan 2019
dividend earned is same as EPF  calculate based on end of month balance,

or did i miss something?
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Monthly contribution start earnings dividend only on the last day of the month irrespective the actual day the monthly contribution is deposited.

https://1-million-dollar-blog.com/how-to-ca...e-epf-dividend/
SUSDavid83
post Feb 18 2019, 05:13 PM

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QUOTE(guy3288 @ Feb 18 2019, 04:59 PM)
The message is  no point  deposit additional  too  early in the month,
use CIMBclick can do  deposit end of the month
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Didn't I quoted out the portion you interested.
Monthly contribution = deposit or additional deposit that you're referring to.
SUSDavid83
post Feb 19 2019, 03:21 PM

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QUOTE(logi89 @ Feb 19 2019, 03:19 PM)
Appreciate all the encouragement words of wisdom..

Just wondering, is 200K alot for a 31 years old? based on the contribution, i calculated that he might be earning approx 11-13K.

is 200K the benchmark for 31 years old...
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That amount should include bonuses right?
Maybe he's getting high payout for his bonuses.
SUSDavid83
post Mar 11 2019, 09:27 PM

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EPF i-Akaun Secret Image and Secret Phrase so easy to change without even need TAC/OTP via SMS.
SUSDavid83
post Mar 25 2019, 05:39 PM

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QUOTE(kochin @ Mar 25 2019, 11:53 AM)
thanks for this stat.

previously i recall reading personal income tax taxpayer is approximately 1 mil person only.
so only <10% of the workforce require to pay income tax?
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That's why GST (consumption tax) is more fair tax as it's consumption tax and nobody can really hide from it.
It's a tax based on affordability.
Lower income people cannot luxury items and therefore, they shouldn't have to bear taxes for it.
Rich people can afford big purchase items and hence, need to pay the tax.

This post has been edited by David83: Mar 25 2019, 05:40 PM
SUSDavid83
post Apr 5 2019, 08:31 AM

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Malaysians unable to keep up with EPF spending guide: iMoney

Read more at https://www.thestar.com.my/business/busines...pcY5qAHsOqO2.99
SUSDavid83
post Apr 20 2019, 01:28 PM

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Do you earn enough to sustain your lifestyle?

[attachmentid=10230012]

Read more at https://www.thestar.com.my/business/busines...RJkAySwVqjVU.99

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