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 EPF - self contribution, need advise

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SUSTOS
post Feb 24 2023, 05:38 PM

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Will i-saraan continue as usual? I can't find this info anywhere in budget-related news sites.
nexona88
post Feb 24 2023, 06:18 PM

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QUOTE(magika @ Feb 24 2023, 05:30 PM)
No increase in Voluntary Contribution...
*
it's expected...

since T20 monopoly EPF...

ordinary EPF contributors don't really have that 60k laying around... do they? devil.gif
MUM
post Feb 24 2023, 06:23 PM

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QUOTE(TOS @ Feb 24 2023, 05:38 PM)
Will i-saraan continue as usual? I can't find this info anywhere in budget-related news sites.
*
My take,
If I saraan did not hv "expiry date" like "until ...."
I think it will continue unless there was an announcement of cancellation.
Example, ⁹Sspn and prs has "expiry date" ....as it has "until .....", unless renewed during budget
CommodoreAmiga
post Feb 24 2023, 06:24 PM

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QUOTE(MUM @ Feb 24 2023, 06:23 PM)
My take,
If I saraan did not hv "expiry date" like "until ...."
I think it will continue unless there was an announcement of cancellation.
Example, ⁹Sspn and prs has "expiry date" ....as it has "until .....", unless renewed during budget
*
Yep, no mention, continue lor.
nexona88
post Feb 24 2023, 06:25 PM

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QUOTE(TOS @ Feb 24 2023, 05:38 PM)
Will i-saraan continue as usual? I can't find this info anywhere in budget-related news sites.
*
continue as usual lorh rclxms.gif
CommodoreAmiga
post Feb 24 2023, 06:26 PM

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QUOTE(nexona88 @ Feb 24 2023, 06:18 PM)
it's expected...

since T20 monopoly EPF...

ordinary EPF contributors don't really have that 60k laying around... do they?  devil.gif
*
They should increase it to at least a million. Then all the Taikos here can save time no need chase after FDs...all in. After all PMX says T20 will cabut if they play hanky with EPF.
SUSTOS
post Feb 24 2023, 06:27 PM

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Thanks ladies and gentlemen. smile.gif
nexona88
post Feb 24 2023, 06:33 PM

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QUOTE(CommodoreAmiga @ Feb 24 2023, 06:26 PM)
They should increase it to at least a million. Then all the Taikos here can save time no need chase after FDs...all in. After all PMX says T20 will cabut if they play hanky with EPF.
*
then banks lose $$$...

indirectly gomen too because less tax from banks profits blush.gif
ikanbilis
post Feb 24 2023, 06:42 PM

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QUOTE(TOS @ Feb 24 2023, 05:38 PM)
Will i-saraan continue as usual? I can't find this info anywhere in budget-related news sites.
*
I-saraan increase to RM300

https://www.thesundaily.my/local/govt-to-ra...0000-FA10679084

This post has been edited by ikanbilis: Feb 24 2023, 06:47 PM
SUSTOS
post Feb 24 2023, 06:52 PM

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QUOTE(ikanbilis @ Feb 24 2023, 06:42 PM)
Ok confirmed in the official document, but only extended for 1 year it seems.

https://budget.mof.gov.my/pdf/belanjawan202...-touchpoint.pdf (page 40/44)

QUOTE
Lanjutan i-Saraan sehingga tahun 2023 (RM30 j)
- Kerajaan menyumbang 15% ke atas caruman sukarela
- Terhad kepada maksimum RM300 setahun
- Manfaatkan lebih 100 ribu pencarum


This post has been edited by TOS: Feb 24 2023, 06:52 PM
CommodoreAmiga
post Feb 24 2023, 06:54 PM

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QUOTE(nexona88 @ Feb 24 2023, 06:33 PM)
then banks lose $$$...

indirectly gomen too because less tax from banks profits  blush.gif
*
Bank won't lose money...they can make money from air..😅
ASoulNamedLeo
post Feb 24 2023, 07:01 PM

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user posted image

Self Contribution Limit Increased from RM60,000 per year to RM100,000 per year
CommodoreAmiga
post Feb 24 2023, 07:03 PM

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QUOTE(ASoulNamedLeo @ Feb 24 2023, 07:01 PM)
user posted image

Self Contribution Limit Increased from RM60,000 per year to RM100,000 per year
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All in!
MUM
post Feb 24 2023, 07:06 PM

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QUOTE(magika @ Feb 24 2023, 05:30 PM)
No increase in Voluntary Contribution...
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Refer to below post...
Refer to pdf file page 40 from link in post 1170 by TOS.

QUOTE(ASoulNamedLeo @ Feb 24 2023, 07:01 PM)
user posted image

Self Contribution Limit Increased from RM60,000 per year to RM100,000 per year
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backspace66
post Feb 24 2023, 07:08 PM

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Good news, time to move away from pnb fixed priced fund
Human Nature
post Feb 24 2023, 07:09 PM

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Self contribution can get pelepasan cukai as well. Under premium insuran nyawa category, max 3k. This is good.
magika
post Feb 24 2023, 07:15 PM

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QUOTE(MUM @ Feb 24 2023, 07:06 PM)
Refer to below post...
Refer to pdf file page 40 from link in post 1170 by TOS.
*
Could not find it in my downloaded version , think from ronnie. Thanks, its good news but must wait see whether kwsp updated it to confirm.

CommodoreAmiga
post Feb 24 2023, 07:16 PM

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I-saraan increased to RM300? Last time only RM250 wor...
Thrust
post Feb 24 2023, 07:17 PM

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QUOTE(CommodoreAmiga @ Feb 24 2023, 07:03 PM)
All in!
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Don't go all in, later government increase withdrawal age to 65...
Human Nature
post Feb 24 2023, 07:18 PM

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QUOTE(magika @ Feb 24 2023, 07:15 PM)
Could not find it in my downloaded version , think from ronnie. Thanks, its good news but must wait see whether kwsp updated it to confirm.
*
It is under 'touchpoints'

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