hi guys... only self-employed people can self-contribute?

Not necessary. You can also put in the money even you are an employer. Just get ur efp number and go cimb (or any other oline banking) and click" transfer to epf"

thanks! but what if I'm an employee? can I bank-in to my ownself?

@AznRicy
This has been taken from an old thread
which has been closed.
You gave your girlfriend excellent advice.

I have been telling my nephew, as well as those in the
Fixed Deposits forum, to do the same, but they can't
see very far and don't seem to realize how important our
EPF will be in old age.

Like your girlfriend, my nephew and those in the FD forum
listened to silly rumors from their friends :

" Government is cheating us. EPF very hard to take out. "

" My friend's father said very hard to take out EPF. They give
him all kinds of reasons. "

" Goverment is going bankrupt. They are using our EPF. "

" EPF is a ticking time bomb. "
Did your read the papers ?  70 PERCENT of those reaching 55
have less then $ 50,000 in their EPF.
EPF sounds alarm as most contributors have less than RM50,000 at 54.

http://www.themalaymailonline.com/malaysia...n-rm50000-at-54
There are over 4 million people hitting 55 and over in the
country now.

This means that at least 3 million have less than $ 50,000 in
their EPF.
Like this woman in my ex-office. She said her brother, single,
an engineer, is now in his 60s with just $ 15,000 in his EPF.
If you are married, your children may not bother about you in
old age. Like my aunt in her 80s -  I had to use my EPF to take
her see the doctor at the hospital just two months ago.
EPF is FORCED savings.
EPF is the only GUARANTEED support you will have in old age.
Nobody else is going to take care of you.

If you put everything in an FD, chances are you'll spent most
of it away by 55.
I told my nephew, either :

Direct his employer to deduct extra, say $ 500, to his EPF
every month, and/or :

Pump in yourself, as and when you can, up to the $ 60,000
limit EPF allows per year.
EPF interest has remained relatively stable between 4.25 and
8.50 percent for the last 50 years.

Take an average of 6.375 percent.

If you have the money, put in $ 10,000 in the EPF for a start,
rather than any of the fixed deposits.

Then fill in the required EPF form to direct your employer to
deduct an extra $ 500 from your salary every month.

If you are 30 now, you'll have over $ 400,000 by 55.

http://www.calculator.net/interest-calcula...it=0&x=106&y=13
Compounding interest separates the rich from the broke. The great Albert Einstein once said “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn't … pays it.”
http://www.thepennieswesaved.com/compound-...-eighth-wonder/
https://www.youtube.com/watch?v=LK7iadUBPWw/

https://m.youtube.com/watch?v=LK7iadUBPWw

During my earning years i deposited whatever additional cash i had into EPF. My plan was to retire with a handsome sum & live comfortably off the devidant.

Now at 69, live well,travel, even bought a new car a few years ago. EPF will stop devidants on my account when i reach 75,which is not too far away.

Will decide what to do when i come to that bridge!

Hi... does anyone know how to contribute monthly from overseas?

I read in the website it seems that we have to fill in a form and head over to office and make the payment, does it mean i should save the money and then head over there and pay lump sum? 

Is there a way to contribute monthly through online banking?

Hi... does anyone know how to contribute monthly from overseas?

I read in the website it seems that we have to fill in a form and head over to office and make the payment, does it mean i should save the money and then head over there and pay lump sum? 

Is there a way to contribute monthly through online banking?

javascript:emoticon(':peace:') GOOD ADVISE

Hi thanks for the advice. Anyway, AS1M and EPF both have 6-7% return per year, which would you recommend? Which is better? I currently have funds in both so I would like to seek your advice. Thanks.

I was working the last 20 years overseas. I could deposit whatever amount I wanted  into my EPF account via Maybank.

If you already have EPF account then it easy.
1. Register for EPF online account. This can be done at home on your computer.
2. At your Maybank online acount , register this online EPF account details. 
3. Done!

Every month you can contribute on your own, now max is $60K a year. Previously there was no limit. I remember depositing $200K , when I got my gartuity.

To register for the online account, I think they may
need your thumbprints and view your IC ?

I think years ago, when I registered my account,
I had to do this at one of their offices.

After that, they sent me a PIN number by post to
start the online account.

please advise how do I put my own cash into epf bros.

my Co already monthly deduct... I'd like to also. add. maybe 1k.everymonth into. it

please advise how do I put my own cash into epf bros.

my Co already monthly deduct... I'd like to also. add. maybe 1k.everymonth into. it