thank you bro

You are welcome bro. Other than having your money stuck till you qualify to withdraw, no regrets.

Ok guys.. I already count. It take 3 working days to reflect.

Hehe

Hope it help for those who ask this question like me.

sole prop need to fill up form before contributing?

Bro, how to do this? 1 lump sum with cheque?

only maybank can choose this?
Or all other bank eg cimb also hv this option?

i used maybank2u only bro

but i just logged in to my cimbclicks then got the menu



then thereafter just complete the form

should take the same time as maybank2u for the payment to be reflected in your EPF account

Oic... Thanks bro!
Wat form need to fill in, sorry if i missed out this

Ohhh.. Then its quite simple
Tq for the good info!

For EPF balance above 1 million, is it true that amount above RM1 million is only entitled minimum dividend 2.5% only? I remember read somewhere in the forum but cant find it again.. Hope any EPF "millionaire" can share their experience..

If this is true, immediately withdraw all the funds when reached 1M and dump it into FD

5+% is alot for compounding interest from young till 55.

But many ppl stupid and short sighted mindset thinking childish things like, "Might as well take the EPF money and buy bitcoins & property that makes 100% return". There's just no guarantee. Its either u fail or succeed. And it shouldnt be gahmens or my tax money goes to pay ur bankruptcy support for those failed.

Its much flexible than CPF

My dad currently 58 years old and i want to put part of my monthly income to his account so they can get higher rate. Is this consider as self contribution or top up contribution?

Simple, just take both. BTC is good but compounding interest is still the 7 wonders of the world

guys

just wanna check

i will be working part time with this retail store and they do not calculate EPF.. if i wanna do self-contribution, is it possible?

This is not true at all.

Yup today I drop by EPF office and ask, they told me for balance above one million:-
1. No minimum amount for withdrawal (used to be RM50K)
2. Same dividend rate for all money in the account

if you dont have EPF account, then must register as EPF member then only can self contribute

i'm a member of EPF

the part time its just for side-income (weekend job)
and since the part-time do not include EPF
i thought wanna do self-contribution... can i put any one amount or need specific %?



P.S: My bad didnt mention earlier