EPF didn't mention anything about nett zakat?   

if I remember correctly... Only says it's not involved banks with Riba, Gambling, Alcohol, Weapons etc. 

well..

I only care about the rates given...

and I did the right choice of wait & see move 

few years lower than the ordinary one.... so I staying...

if the Shariah one can outperform few year in row... then might consider to "convert"...

for now... ain't doin that... don;t care it's "haram" or not... it's all about the $$$ now 

I have just registered an account. Tons of question need to update. Inside got one "Dividend income".  Not finished looking yet. Take time slow slow to fill up. 3 months time.

Got one section:
Harta, Pelaburan & Royalti
Anggaran pendapatan purata bulanan daripada Harta, Pelaburan & Royalti (bagi tempoh 12 bulan kebelakang) seperti pendapatan berkala daripada sewaan bangunan & kenderaan. Sekiranya pendapatan sewaan bangunan/kenderaan merupakan hasil perniagaan, maklumat perniagaan perlu dikemas kini pada Maklumat Pekerjaan (Bekerja sendiri).

if EPF > 240k confirm sure you t20.

T20 won't have any subsidies, so don't bother.

I dont think they know anything more than the ordinary fella.

The analyst is in fact merely quoting a range in which the upper max figure

is in reality very remote. If one wishes to draw more attention simply up

this max figure higher and higher. Shiok sendiri shock others as well.

Probably if put 7% above...

Many would says the analyst is cap ayam kind... No class quality type 😔

Those in street would says it's impossible & crazy to target that percentage...

6.5% is more "acceptable" to the mass 😁

heheheheh....

the so-called T20 won't even looking at EPF...

heck some M40 too...

better go dump $$$ into that tiny island across 

So much speculation because all the analyst 6.5% rate predictions....

Whatever...
It's won't be lower than 2022 one... That's guaranteed 👍

And as usual
Shariah would be lower than the ordinary one...
At least this time... 2024 one I'm 50/50 if can be on par with the ordinary one....

Can somebody help with this? Friend sign up for monthly withdrawal of 5k per month from Jan 25, 2023 for one year n receive 5k every month on the 25th of each month for 11 months. He did not receive the Dec amount but was paid 6800 on Jan 5, 2024. Is the additional 1800 part of the dividend payable?

This is true for EPF monthly house loan reduction x 12. That is why I choose lump sum house loan withdrawal from Account 2 last time rather than monthly. Applies to flexi home loan to reduce bulk interest.

That is also why I have this stuck in my mindset and assume it is same for after 55 monthly withdrawal. I will not perform monthly auto. With current EPF online withdrawal, I can withdraw when I only need it. Of course I have other sources of savings to use on top of EPF and hence don't need to touch it every month.

I think is true. Previously a forummer also reported epf earmark the full 12 months despite monthly withdrawal.

Therefore it would be better do withdrawal manually every month through e-pengeluaran.

Sounds like EPF scamming the auto withdrawals.

I think that was the previous argrument between us. However no real experience as just read that the 12 monthly amount will be earmarked to be paid monthly. Whether it earns dividend or not i am not sure.
Its what i previously said, but if dividend is given then should be alright.

I did not actually do the calculations...
I noticed that the actual "extra" that I got once a year for the past few years varies by alot ( few Ks difference).  The amount had been decreasing by few Ks actually
Thus I think it did not earmarked 60k in a year then give me 5k per month.
I think it the decreasing "extra" had to do with the decreasing amount of money inside .....

I just found out from a friend that if your epf is more than 1 million, the dividend of the excess is way lower. Anyone can confirm that? And how much lower it is?

Pretty sure that is wrong. Maybe she don't know how to calculate. If there's contribution throughout the year, those contribution will have lower returns due to proportion to time frame ratio.

It's not I have 1.2mil inside, the. It's 1.2mil x 5.25%. You previous years closing gets the full 5.25%. say 1 mil. While your RM200k this year will be proportionate to ratio.

wedchar2912 bro got comment?

The friend had been millionaires (in epf) for few years already...can still miscalculated??

Old folk still having doubt on EPF... Don't know why got trust issues with that organization.....

EPF been existence don't know how many donkey years already.... Yet don't want trust... Says bankrupt, big hole etc.

Each year, their rate is quite okay...
Only during few initial years the rate not so good... And during early 00' where I think rate around 4%+... Most time it's 5% above....

Thanks for quick reply and advise.

Do you know the time cutoff in a given day for deposit?
Eg. If I deposit at 8pm on 29th Jan?

Haha! That's what I told me retirees friends!
You don't spend, it's noy yours! Your children will be thanking you. 

Better assume die at 110. I think chances of living above 110 is rare. That’s why safe withdrawal rate for epf is half the dividends assuming inflation rate is 3.5%.