EPF DIVIDEND, EPF
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 Jan 4 2018, 01:07 PM
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#1
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Junior Member
88 posts Joined: Oct 2014 
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QUOTE(frostfrench @ Jan 4 2018, 11:18 AM) I have been self contribution to kwsp for 3 months now (RM2k /month) by maybank2u, may i know how will I earn the interest? It will be pro rated. You won’t have the interest for full year. After the announcements can login n see it.Thanks  |
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Feb 10 2023, 09:55 AM
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#2
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Junior Member
88 posts Joined: Oct 2014
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QUOTE(xander2k8 @ Feb 10 2023, 09:23 AM) I think you need to learn and read the word called DAILY AGGREGATE BALANCE 🤦♀️ Correct for MMF, but not for KWSP/EPF. Your dividends are calculated based on your daily aggregate balance. Whereas your monthly contributions will earn dividends based on: A day in the month of said contribution. Said month's contribution will earn dividends based on the daily calculation starting the following month until the end of December of that year There are people already did the calculation on previous year. Only one day will be calculated on the first month self deposit deposit. And + every other rest of month for the yearly dividend calculation. |
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