I'm starting to max out my self contribution RM60k a year given the increasing dividend every year!

Did you bank in through bank transfer or hand over a bankers' check at counter? Did they give you a receipt?

Did you bank in through bank transfer or hand over a bankers' check at counter? Did they give you a receipt?

Suka suka raise the withdrawal age to 60 sure kena blast until kaw kaw.

*If I'm not mistaken, Singapore's age limit was around 70 lol

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Upon reaching 55 years old, you can withdraw a portion of your CPF savings depending on your CPF balances. You can withdraw a lump sum from your Special Account and/or Ordinary Account as well as any balance above the Medisave Minimum Sum (MMS) in your Medisave Account (MA).

Better to leave the money in Epf and use your own money for investment purposes.

0.01%?

I predict 5.5%. If lucky maybe 5.75%

If dividend above 6%, still worthwhile to top up. Otherwise just let it be.

judging from the current economy situation, it's gonna be 5.25%...

Max self contribution amount a year only rm60k. That's about sgd20 k only. Worhwhile to put for div above 6% a year.

Of course the ceo needs to say this to restore people`s confidence. Otherwise you will see plenty of epf withdrawals.

Anyway I am still making my yearly 60k self contribution to the EPF..

Gomen can even confiscate/haircut your money you have in the commercial bank. Example Cyprus.

Epf is not asnb or any other mutual fund. They are not required to distribute 100% of their income. As per law they are required to give a minimum of 2.5% dividend per annum as per section 27 of EPF Act 1991.

Mnet is a well known one sentence troll.

In accounting, you need to know profit does not equal cash.

Let's say epf make 50b profit in year 2020 which is enough to pay all shareholders 5% dividend, by liquidating 50b assets in 2021 will not affect its ability to pay you 5%.

It could only to a certain extent affect your 2021 dividend which would be paid in 2022. Say now epf has 970b in assets, after liquidating 50b assets, it only has 920b assets to generate profits for year 2021. Again this should not affect your dividend now which is based on profits of 2020.

16 yo


https://www.thestar.com.my/lifestyle/living...ving-retirement

Good daddy

Isaraan is for self employed or housewife who can get 15% extra on top of their self contribution subject to RM250 per year by the gov

Down? I still able to log-in my i-akaun 1 minute ago.