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.

You are correct.

I was at EPF at Shah Alam two days ago.

The advisor, Mr Fadzili, told me that just before elections,
there was mass panic, started by those Pakatan guys.

He said many came forward to CLOSE their accounts,
asking him if EPF was going bankrupt.

Despite his reassurances, they believed the propaganda and still
instructed  him to go ahead and close.

He said he and the other advisors like Mr Yazid handled
many such cases.
After the election, he said about 60 percent came back
to reopen again.

Of course, the advisor told them that they can only bank
back in $ 60,000 a year.

@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

Frankly speaking I really pulling money out of EPF to invest in the unit trust funds. After 4 years, the funds I put money into are still negative. While my EPF funds are growing steadily.

Hardly, of course to look for better returns with unit trust funds that could invest overseas where the EPF has until recently not been allowed to go.

Actually I did stop for 2 years ... hahahaha, then I continued back when PH took over. You must be wondering why I start again, right ??? I am able to withdraw anytime I want soon. Anyway, you have been repeating the same shit time and again like a bloody broken record. What a sad life you have. #macaiwajibbodoh       

Actually I did stop for 2 years ... hahahaha, then I continued back when PH took over. You must be wondering why I start again, right ??? I am able to withdraw anytime I want soon. Anyway, you have been repeating the same shit time and again like a bloody broken record. What a sad life you have. #macaiwajibbodoh       

Wow. Whatsapp. Source of Truth.

No wonder. Capture to display your eternal sohemness for eternity.

nah, cos you were going on and on like a broken record. You deserved to be reported anyway. You are actually the loser.
Ah, just leave that bloody troll alone. Macai wajib bodoh, it's true. 

I think you need better friends bro. You are the sum of the ppl around you. I never know of ppl withdrawing EPF willy nilly based on spin. Unit trust agents will of course insert abit of the spin into their sales ptich but their pitch is still mostly based on facts and figures

Based on most of your posting i would think your friends and acquaintances  are toxic and bringing you down. Surround yourself with better ppl bro

You did good, I wish I had the insight to contribute more when I was younger.  But there are more employers these days opting for contract work which they don't have to pay EPF.  I think this is the loophole the government should look into.  I was in such employment for few years. 
The compounding interest from EPF will work its magic once you reach a certain threshold.

I would say when it reaches 500K, you will really see it getting very significant.