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 EPF DIVIDEND, EPF

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annoymous1234
post Feb 6 2020, 11:55 PM

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I moved my savings from asm to epf for the higher interest rate and for the sole purpose of paying off my mortgage. I only remember about account 1 and 2 exist after I transfer. And that most of it will go to account 1 which I won't be able to withdraw until I retire. It defeats my purpose which is to clear my house loan. I feel so dumb right now. Arghhhhhhhhhh. Can we ask epf to put the transfer to account 2 only?
annoymous1234
post Feb 22 2020, 01:51 PM

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QUOTE(nexona88 @ Feb 22 2020, 12:55 PM)
Well if u Bumi..
Then just dump into ASB..

Non Bumi..
Then EPF still easier to dump..
ASMx is needed try luck..
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actually if look at long term, I belive epf will still beat ASM
annoymous1234
post Oct 15 2021, 04:44 PM

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Hi guys. For EPF self contribution quota 60k per year, how do they count 1 year? Does it reset the quota every year January, or does it count from the month I contribute? Eg: I put 60k this month, need to wait next year oct only quota reset.
annoymous1234
post Jan 24 2022, 05:38 PM

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QUOTE(return78 @ Jan 24 2022, 04:45 PM)
https://www.theedgemarkets.com/article/woul...-poorer-members

Another punishment suggestion to saver. Esp for to those elders which  higher saving.
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this is a stupid suggestion, if anyone should help it should be the politicians who earns 20k per month, not the rakyat.

if u have less money in EPF, then work harder to get higher income, stop relying on tongkat!!! mad.gif

This post has been edited by annoymous1234: Jan 24 2022, 05:40 PM
annoymous1234
post Feb 15 2022, 01:01 PM

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QUOTE(Wedchar2912 @ Feb 15 2022, 12:12 PM)
yeah, it is good scary how EPF as a savings scheme works: efficient and powerful.

Worked out some calculations for a colleague some time back with these simple starting point. say in 2000, at age 21, he joined workforce with pay of 3K rm pm, no bonus at all, increment of 3% pa.
At end of 2021 (age 42), he would have 550K rm in EPF. at age 60, he would have 2.3 mio in EPF.

Btw, because salary increment was only 3%, his pay in 2022 is just 5.7K rm. A failure by /k standard.

so, if he add his wife's number in, at 40 would be EPF couple millionaire pretty much.
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This is assuming that the person does not withdraw the EPF at all for loan, education, etc. Also, must take inflation of 3% into account.

But I agree, do not look down on EPF as they have proven that they provide a steady return each year.

This post has been edited by annoymous1234: Feb 15 2022, 01:02 PM
annoymous1234
post Feb 28 2022, 03:48 PM

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Q1 means March. For all we know they can announce it on 31st March
annoymous1234
post Mar 1 2022, 11:31 PM

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QUOTE(netken @ Mar 1 2022, 09:42 PM)
https://www.facebook.com/11726505964/posts/...7376920965/?d=n

Kumpulan Wang Simpanan Pekerja (KWSP) dijangka mengumumkan kadar dividen bagi tahun 2021, tengah hari esok.

Pengumuman Ini Cukup Signifikan memandangkan beberapa perkembangan dijangka mempengaruhi pulangan dividen badan itu.

Ikuti berita terkini di grid.astroawani.com

#AWANInews
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Removed d. What is this la. Really got something to hide
annoymous1234
post Mar 2 2022, 03:27 PM

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Does anyone know how long usually the latest transaction will be updated together with the dividend?
annoymous1234
post Mar 7 2022, 10:58 PM

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does anyone know if its possible to view 2020 and older statement? online only can see 2022 and 2021
annoymous1234
post Apr 3 2023, 10:35 AM

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Is the self contribution still 60k or has it increase to 100k?
annoymous1234
post Oct 13 2023, 08:08 PM

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Interesting. Currently it 70/30. Wonder how will it be. 60/30/10?
annoymous1234
post May 1 2024, 09:11 AM

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Finally a black and white answer about self contribution, for those who want to treat EPF like saving account, too bad. https://soyacincau.com/2024/04/30/epf-accou...ribution-ratio/

 

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