EPF SELF-CONTRIBUTION
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 Aug 12 2020, 10:53 PM
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#1
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Junior Member
503 posts Joined: Apr 2016 
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QUOTE(guanteik @ Aug 12 2020, 09:11 AM) You will have to wait until 2021. Are we allowed to deposit at the beginning of 2021 or do we have to wait till the exact 1 year period (365 days) from the time we hit the 60k max contribution? Eg. 13th August 2020 - Deposited 60k 14th August 2021 - Have to wait till this date to deposit another 60k? |
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Aug 13 2020, 02:43 PM
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#2
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Junior Member
503 posts Joined: Apr 2016
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QUOTE(guanteik @ Aug 13 2020, 01:21 PM) The system refreshed every year. Ah okay understood, thank you!If the transaction date showed 31st Dec 2020 with 60K, it doesn't matter if you placed another 60K on the 1st Jan 2021. |
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Aug 19 2020, 08:33 PM
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#3
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Junior Member
503 posts Joined: Apr 2016
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QUOTE(icz95 @ Aug 11 2020, 05:22 PM) I can find epf on the website however in the apps is missing dont know why QUOTE(cooldude17 @ Aug 11 2020, 05:27 PM) No wonderlah, I search high and low. Why can't they make it identical, really speechless.😅 May I know how long does it take for the EPF contribution to show in your EPF account after you have done the transfer via online banking? |
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Jan 3 2023, 05:59 PM
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#4
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Junior Member
503 posts Joined: Apr 2016
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QUOTE(bubble-tea @ Jan 3 2023, 08:37 AM) In my opinion, if FD is 4.5, epf surely give more than 4 5. Never seen epf is lower than FD interest yet. Yeap agreed. If I'm not mistaken, EPF dividend rate must always ideally be equal or higher than the inflation rate, thus it will be higher than FD.Also if you don't see yourself needing to use the money, can put in epf. Worst case you can take out 30% of the 60k (given if you have a house loan). |
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