I join the fun

1. CommodoreAmiga - 5.3%
2. netcrawler - 6.0%
3. Mroys@lyn - 5.25%
4. Xander2k8 - 5.25%
5. romuluz777 - 5.65%
6. optional1988 - 5.8%
7. ikanbilis - 5.5%
8. Human Nature - 5.55%
9. Unkerpanjang - 1.0%, wife oledi taken anything in excess.
10. prophetjul - 5.75...
11. honsiong - 7.2%
12. Wolves - 5.25%
13. lembu goreng - 5.85%
14. dani - 4.25%
15. HolyCooler - 5.9%
16. roarus - 5.5%
17. emilyngsc - 5.14%
18. Aaron212 - 5.8%
19. Ankle - 5.45%
20. kechung - 5.40%
21. Asali - 5.50%
22. oks911 - 6.05%
23. ronnie - 5.2%
24. wongmunkeong - 6.15%
25. nexona88 - 5.5%
26. BboyDora - 5.5%
27. popice2u - 5.25%
28. akhito- 5.7%
29. Capt. Marble - 5.6%
30. jutamind - 5%
31. Contestchris - 5.65%
32. Kip21 - 5.75%
33. fuzzy - 5.6%
34. Just - 5.8%

Maybe 9 years later no more human grab.. will be robo-grab 😛

This post has been edited by justanovice: Mar 8 2024, 01:21 PM

Hi all, I have this question about self contribution.
I have withdraw before from acc2 so my balance is not 70% acc1 and 30% acc2 anymore. Example below.
Acc1: 200k
Acc2 : 30k
Acc3: 0 (for simplicity sake we treat it as 0)

So if I do self contribution of 10k, how will it flow into the accounts above? Will it fill up the acc2 first since i withdraw before?
Thanks

Thanks all for inputs

Yearly 100k seems hard to max out, but for those with already a sizesble anount in epf, can plan this out especially during end of year:
Dec 2024 - deposit 100k
Jan 2025 - deposit 100k
Jan 2026 - deposit 100k

In 13/14 months you can put 300k in already. Also havent include dividend payouts.

Only makes sense if you have loads of cash and a sizeable epf I guess.

The proposed 2% tax on dividend > 100k is onto individuals. So talking about epf’s dividend return from their holdings is also far fetched.

This was announced and expected right

Haha media hyping up again.. i still remember last year’s hype hahah

Yes I did. Why this question?

Seems normal.. haha i just login to check this month’s contribution. Didnt explore much

Also this, in the same event

https://www.freemalaysiatoday.com/category/...s-ex-swedish-pm

Amyone else feeling that ‘full withdrawal at 55’ is going to be revised soon?

Among Important points mentioned by epf head:

Ahmad Zulqarnain added that the EPF is exploring enhanced accumulation strategies, including structured monthly withdrawal options, to help members manage longevity risks and ensure the sustainability of their retirement savings.

As Malaysians live and work longer, he said the country must eventually align the full EPF withdrawal age with the national minimum retirement age to ensure a more coherent and secure transition into later life.

Haha, well My main concern is full withdrawal at 55 though. They already moved 1 m goal post which impacts many of us.

More bashing also no impact as long as he get more views 😆

Ok I agree to take my words back - with apologies to poster

I also got fear mongered when i was younger. Luckily no avenue to withdraw else wont have a good amount saved up. EPF is a superb platform for full time employee especially like myself.

If EPF is designed as such from beginning when I start contributing, I am good with it. But not when I have made arrangements like self contribution, knowing the rule was 1m excessive wirhdrawal allowed and full withdrawal at 55. As planning were made with known rules that time. Changing it half way is never desirable.

This is not a question of EPF reliable or not… i’m 100% supportive and confident with EPF

Well you can, but if it is a 1 time incident and if your company is not trying to do anything shady, then what’s the objective of reporting it?

No guarantee that it will not be revised again from 2029 onwards.

I have decided to stop contributing due to this change directly impacted my plans , not happy but cant do much, haha

I believe you have the right reason to compain too right bro? I recall you are < 45 age with > 1 mil - direcrly impacted category