Sep 11 2019, 11:17 AM
QUOTE(siawyent @ Sep 10 2019, 02:33 PM)
Dear Sifus,
Would like to ask, my mum is retired, is she eligible to do self-contribution? she already have EPF account, not withdrawn yet.
which date (eg. month end or beginning of the month) would you guys transfer into KWSP via M2U? How long it takes to reflect? When reflected in EPF account, the dividend will start counting from the date of transfer?
Other than M2U, any other bank can do the transfer?
Thank you all in advance.
My answers to your questions based on my understanding:Would like to ask, my mum is retired, is she eligible to do self-contribution? she already have EPF account, not withdrawn yet.
which date (eg. month end or beginning of the month) would you guys transfer into KWSP via M2U? How long it takes to reflect? When reflected in EPF account, the dividend will start counting from the date of transfer?
Other than M2U, any other bank can do the transfer?
Thank you all in advance.
1. Yes, I don’t see why not.
2. I transfer whenever I have excess cash for savings. It takes 2 working days, check your KWSP app. For dividend calculation, refer to this article:
https://1-million-dollar-blog.com/how-to-ca...e-epf-dividend/
3. To my knowledge, CIMB and Public Bank has this feature as well.
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