Imagine started to save in epf from age 14.
This post has been edited by poweredbydiscuz: Mar 14 2022, 02:41 PM
EPF SELF-CONTRIBUTION
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 Mar 14 2022, 02:36 PM
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#1
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3,832 posts Joined: Oct 2011 
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Imagine started to save in epf from age 14. This post has been edited by poweredbydiscuz: Mar 14 2022, 02:41 PM |
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Mar 17 2022, 04:40 PM
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#2
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3,832 posts Joined: Oct 2011
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QUOTE(MasBoleh! @ Mar 17 2022, 04:26 PM) The thing is, even if wanted to withdrawal, we can’t withdrawal out. And it is by law , EPF is mandatory for employees in Malaysia. Basically, like it or not, they can do whatever they want The problem is the top contributors are mostly retiree or >1 mil and can withdraw anytime. The moment they feel like it's not worth to leave their money in EPF (low interest), there will be a mass withdrawal. |
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Jun 14 2022, 11:12 AM
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#3
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3,832 posts Joined: Oct 2011
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QUOTE(kevyeoh @ Jun 14 2022, 09:27 AM) with assumption still can get 5 or 6% interest rate? with the market condition like this now...i wonder if it's more logical to lower the expectation to minimum 2.5% interest...which is still better than holding stocks return which could be in negative range...and that makes me wonder...if ePF has stakes in stocks...and if stocks tanking and in negative range..how can epf payout dividend? As long as there's steady contribution from new/existing members, they can afford the dividend payout. kevyeoh liked this post
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Jun 14 2022, 02:00 PM
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#4
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QUOTE(Daprind @ Jun 14 2022, 01:54 PM) Hi, can Expat status with EPF member account eligible for self contribution too? Not eligible. |
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Jan 3 2023, 03:25 PM
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#5
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QUOTE(MoneySolve @ Jan 3 2023, 03:13 PM) Below is my ee and ey contribution, can I still make self contribution? Self contribution limit is excluding mandatory contribution.yearly epfee is 62,832 yearly epfey 73,944 MoneySolve liked this post
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Jan 4 2023, 09:55 AM
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#6
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QUOTE(Mike3 @ Jan 4 2023, 09:48 AM) what is the interest rate after Rm1 mil. i cant seem to find it thx. There is no tiered dividend. i heard is low or 0 At least for now. |
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Jan 9 2023, 09:03 AM
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#7
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QUOTE(doremon @ Jan 9 2023, 08:55 AM) Just to check. Can EPF store in more than RM1m ? ANy max caption ? Hear if more than RM1m need to do force withdraw. Betul kan ? Can over RM1m, no force withdraw. You can voluntarily withdraw any excess amount over RM1m any time. doremon liked this post
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Jan 9 2023, 09:17 AM
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#8
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QUOTE(doremon @ Jan 9 2023, 09:05 AM) Thank you for the info. Meaning can store an unlimited amount? RM10m and so on ? No limit. doremon liked this post
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