Actually, today RM1 mil is nothing. 240k is a joke, not enough even 20 years ago. 20 years down the road, you will need RM3 million at least.

Live like this, you better kill me first.

So far my experience is 2-3 working days.

Btw, Dimaklumkan bahawa KWSP app is under maintenance.

Segala kesulitan, adakah ku kesah.

Terimakasih.

This post has been edited by CommodoreAmiga: Oct 5 2024, 11:58 AM

I got itchy feeling...want to transfer back to Acc1/2. See the thing in Acc 3, i no syiok.

I have relative who passed away. It doesn't matter. Money will still accumulate dividend until it's taken out. EPF knows about it, but doesn't mean dividend is not to be paid. The nominee can take them whenever they want.

This is totally wrong. EPF will bank money into the nominee bank account only. Later you want to deposit back into your own EPF, you can do it the usual self contribution way.

This post has been edited by CommodoreAmiga: Oct 10 2024, 10:30 AM

Relative informed EPF. Nothing to hide lah.

This is why never listen to idiots auntie and unker at Kopitiam always says EPF bankrapt and withdraw all money ASAP. 😂

Only for financially savvy people. How many percentage is that? Most Malaysians are dumb and money took out would only be wasted on useless things or scammed. A EPF fund to protect the citizen's retirememt is a must for every country. We are already lucky we can withdraw by 55 unlike Singapore CPF which you have little control until you are 65 or something.
If the gov don't have EPF, the country would falls to chaos as majority will be totally broke when they retired, all money wasted don't know where over the decades.

I don't have confidence with RM long term either, which is why i diversified. But EPF makes a great tool today for retirement as we can see our kakis here keep sel contribute kaw kaw till max every year and an important part of their portfolios.

This post has been edited by CommodoreAmiga: Oct 13 2024, 09:20 AM

Nope. Malaysia always failed at making good policies and executing them. Likely it will be turned into a loophole with little Napoleans having a field day.

This post has been edited by CommodoreAmiga: Oct 13 2024, 04:10 PM

Which part hearsay. I said from first hand experience.

I am just curious. I think others have some good sharing. I think the one need to chill is you.

Once Pandora box opened. It will only get worse.

How to even tax unit trust. This year may untung, next year rugi kaw kaw. All the complicated units to confuse everyone. Anyway, 90% people will lose money with UT. The 2% dividend tax is the least of your concerns.

Foreign workers age 65 only can withdraw....

If KOed, sorry lah. Ini duit aku punya. Btw, if Malaysians working in Singapore, do they need to contribute CPF also? Also can't take out until 65 like that right?

This post has been edited by CommodoreAmiga: Oct 22 2024, 03:17 PM

Do you know what is the new rules is?

Roughly when ah?

Bayar sendiri dulu, jangan bayar bank!! 😁

Have to lah....else when old and retired and no money, it will be one big problem with no solution for the gov of the day.

Yes, that is just a show off salary. Be realistic, how many people can reach that early in life. If you can, good for you, but it doesn't helps others with moderate income to improve their financial status. This is like chinese saying "Gwai Ng chee lei lou mou hai lui yan" (Who doesn't know your mother is a woman?). If your salary is sub 10k and can reach 2m EPF by 35, then i would like to listen to your story!

Do not undersestimate the stupid people and their level of stupidity.

I tikam between 5% to 6.9%. Sure win.

This post has been edited by CommodoreAmiga: Nov 13 2024, 10:52 AM