EPF DIVIDEND, EPF
|
|
 Feb 4 2016, 05:46 PM
Return to original view | Post
#1
|
 
Senior Member
4,522 posts Joined: Apr 2006  
|
I wonder how many people kena the 8% trap. Seems like majority.
|
Quote|
|
Feb 4 2016, 08:11 PM
Return to original view | Post
#2
|
|
Senior Member
4,522 posts Joined: Apr 2006
|
QUOTE(wkphang @ Feb 4 2016, 07:56 PM) if you income is between 3k to 6k... and you dont have life insurance . .. then you will need to pay extra to the tax if you take 8%. You pretty much summ'd it up.But if you have life ins + epf = 6k (Max), even when you take 8%... you doesn't lose anything. Having said that, while most of us (majority) is in the 3k to 6k range, but I'm sure some of us would have the life ins... which should be hitting the 6k max..  Way too many people don't have life insurance. As soon as they saw the news that they would have more money every month by not needing to contribute to EPF in a compulsory manner, they throw their hands in joy and not knowing they'll end up paying more at the end. That's why I said I wonder how many kena trap. |
| Change to: |  0.0514sec
 0.64
 7 queries
 GZIP Disabled
Time is now: 3rd December 2025 - 08:09 PM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.