The way EPF pays dividend is slightly different.
It is not like the final balance of 2016 will be paid at full rate.
Just Google around and you'll find the EPF mechanism.

Definitely yes.

Why?

The div is calculated on daily basis. You start getting the div the day you put it in. So the earlier you put it in, the more div you will get.

Morning bro,... sorry for the late reply,..

Well,... Off the top of my head, don't really want to count and count, just plucking figures from my records and tracking tables only,..... better to focus my counting with NXX Bank now since they are offering me to volunteer for some writeups,....

Taking the ref from last year, using my Ringgit Msia which I have managed to convert into the Aussie Dollars,...

1) I think from foreign exchange , I would have made 10% till now.
2) this morning, I saw my Aussie portfolio giving me 2.21% green, so,.. 2.21% times current exchange rate of 3.30 vs the RM = 7.293% in my portfolio.
3) my average yield in my Aussie portfolio 6.76%, but till now, I would have collected only 1.8%.

Hence, in Ringgit Malaysia terms, I would have made 10% + 7.293% + 1.8% = 19.093%, if I am to convert back today !

Is this a good way to count, bro ?

Can't we deposit one sum of RM60k in one year?

M2U allows RM5K to be transferred at any one transfer - so have to do 12 transfers in a day to reach the RM60k voluntary contribution.

it's NOT RM5k a day limit. 

You can do 12x transfer of RM5k/transaction to make it RM60k.

Looks like you are happy with the dividend declared recently

M2U allows RM5K to be transferred at any one transfer - so have to do 12 transfers in a day to reach the RM60k voluntary contribution.

it's NOT RM5k a day limit. 

Any difference if you bank in end of the month? Some forumer mentioned earlier that dividend will be effective from end of the month onwards, and  it will calculated on daily rest thereafter?

If payment not reached end of the month, guess will be effective  subsequent month end

mind to share how do we check on that?

Wow, didn't know I-Akaun provide update so regularly, thought once a month

For yr reading pleasure. Events from a few years ago :-

NEW YORK – Quietly, as the looming possibility of a U.S. military attack on Syria dominated news internationally, the government of Poland announced a decision to confiscate half of the nation’s pension funds in an attempt to delay an impending government debt crisis.

While details remain hazy, Reuters reported Sept. 4 that Polish Prime Minister Donald Tusk announced a government decision to transfer to ZUS, the government pension system, all bond investments in privately owned pension funds within the state-guaranteed system.

Read more at http://www.wnd.com/2013/09/government-conf...BJA4kvAhCCVU.99

I only used EPF money to buy UT when it was announced ..... redeemed in 6 months times when everyone going in. Asked all my clients to redeemed also. Profit over 200K .... I am 56 yo now. still keeping money in EPF .... withdraw dividend only. 

Didn't invest after that. One time only.