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 Quick question, About EPF

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cherroy
post Jul 16 2015, 02:30 PM

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QUOTE(T231H @ Jul 16 2015, 02:21 PM)
hmm.gif any idea what is the max % allowed?
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Max 60K per annum.

Mind that the tax relief part for personal is capped at Rm6K pa.
cherroy
post Jul 16 2015, 02:48 PM

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QUOTE(T231H @ Jul 16 2015, 02:34 PM)
60k max is for total input by means of self + employer + voluntarily self contribution (over the counter top up, etc, etc)?
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Not to sure, I guess it is total.

As not many may encounter this "problem", as then money goes in, need to wait until retirement age only can withdraw.

There is no tax relief after 6K, so doesn't have much incentive for individual after 6k.

 

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