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 EPF - self contribution, need advise

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nexona88
post May 31 2023, 11:34 PM

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QUOTE(sg8989 @ May 31 2023, 11:01 PM)
Is everyone ready to hoot???
what is your estimated % on the coming dividen payout?
*
Not for me as for now....

60k also cannot maximize ๐Ÿ˜”
So how to hit the 100k target...

As for the rate...

I'm looking at least minimum of 5% to maximum of 5.5%

Higher rate... I'm happy ๐Ÿ˜
timeekit
post Jun 1 2023, 02:08 AM

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Hi Sifus,

Would like to enjoy the I-saraan 15% contribution mirror by the govt capped at rm 300
In the Maybank website there are 2 option, self contribution and I-saraan contribution

I have always been choosing the self contribution part, because i had called the staff before and they weren't familiar on this and mention to just proceed with the self contribution option.
This time i chose the i-saraan option, and i initially assume they wont create a new category in the app but combine it with the self contribution part, but seems they did create a new category under i-saraan

So my question is, would you happen to know if they will look at the self contribution part or the i-saraan part when the calculate how much i have contributed, or they combine both?

Note i have already registered myself for the i-saraan program prior to performing both the self and i-saraan contribution.

user posted image
ikanbilis
post Jun 1 2023, 02:51 AM

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QUOTE(timeekit @ Jun 1 2023, 02:08 AM)
Hi Sifus,

Would like to enjoy the I-saraan 15% contribution mirror by the govt capped at rm 300
In the Maybank website there are 2 option, self contribution and I-saraan contribution

I have always been choosing the self contribution part, because i had called the staff before and they weren't familiar on this and mention to just proceed with the self contribution option.
This time i chose the i-saraan option, and i initially assume they wont create a new category in the app but combine it with the self contribution part, but seems they did create a new category under i-saraan

So my question is, would you happen to know if they will look at the self contribution part or the i-saraan part when the calculate how much i have contributed, or they combine both?

Note i have already registered myself for the i-saraan program prior to performing both the self and i-saraan contribution.

user posted image
*
Only the i-saraan part count towards the gov incentive rm300.
romuluz777
post Jun 1 2023, 05:19 AM

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QUOTE(nexona88 @ May 31 2023, 11:37 PM)
Cantik mcm bunga ๐Ÿ˜€๐Ÿ˜‚

Boss romuluz777 it's confirmed ๐Ÿ‘
No worries can dump your 40k already
*
Done ๐Ÿ’ซ
gashout
post Jun 1 2023, 05:34 AM

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QUOTE(sg8989 @ May 31 2023, 05:50 PM)
Dear all
Latest news:

The 60k cap will be uplift to 100k starting tomorrow Jun 2023.
*
QUOTE(MUM @ May 31 2023, 09:46 PM)
100k Starting 1 June 2023 rclxm9.gif rclxm9.gif rclxm9.gif rclxm9.gif






Attached thumbnail(s)
Attached Image
romuluz777
post Jun 1 2023, 05:59 AM

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All the pessimists would say oh the govt needs money๐Ÿ˜
coolguy_0925
post Jun 1 2023, 06:02 AM

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QUOTE(nexona88 @ May 31 2023, 11:34 PM)
Not for me as for now....

60k also cannot maximize ๐Ÿ˜”
So how to hit the 100k target...

As for the rate...

I'm looking at least minimum of 5% to maximum of 5.5%

Higher rate... I'm happy ๐Ÿ˜
*
but but... all ministers said ekonomi recovering so should be better rate rite brows.gif
romuluz777
post Jun 1 2023, 08:04 AM

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MUM
post Jun 1 2023, 08:10 AM

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Contribution made from 1st of the month will reap only 1 day of interest for that month...
Put in KDI until the last few days of the month then transfer to kwsp
sg8989
post Jun 1 2023, 08:49 AM

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QUOTE(MUM @ Jun 1 2023, 08:10 AM)
Contribution made from 1st of the month will reap only 1 day of interest for that month...
Put in KDI until the last few days of the month then transfer to kwsp
*
Put on last day of the month biggrin.gif
nexona88
post Jun 1 2023, 09:20 AM

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QUOTE(coolguy_0925 @ Jun 1 2023, 06:02 AM)
but but... all ministers said ekonomi recovering so should be better rate rite brows.gif
*
Ohhhh they said that...

No comments...

All populist decisions & statements
MUM
post Jun 1 2023, 09:21 AM

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QUOTE(sg8989 @ Jun 1 2023, 08:49 AM)
Put on last day of the month biggrin.gif
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๐Ÿ‘
You are a higher risk taker than me.
romuluz777
post Jun 1 2023, 09:25 AM

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You guys very rajin in monitoring the dates to credit in lol.
I have no patience for these haha....when system allows, I will just hentam in...

nexona88
post Jun 1 2023, 09:29 AM

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QUOTE(romuluz777 @ Jun 1 2023, 09:25 AM)
You guys very rajin in monitoring the dates to credit in lol.
I have no patience for these haha....when system allows, I will just hentam in...
*
Everything counted...

Personally...

If I were to deposit...

Only would do it last week of the month.... At least 5 working day before last day of the month....

To give gaps if There's any issues in credit the $$$ into EPF account ๐Ÿ™
nexona88
post Jun 1 2023, 09:33 AM

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QUOTE(timeekit @ Jun 1 2023, 02:08 AM)
Hi Sifus,

Would like to enjoy the I-saraan 15% contribution mirror by the govt capped at rm 300
In the Maybank website there are 2 option, self contribution and I-saraan contribution

I have always been choosing the self contribution part, because i had called the staff before and they weren't familiar on this and mention to just proceed with the self contribution option.
This time i chose the i-saraan option, and i initially assume they wont create a new category in the app but combine it with the self contribution part, but seems they did create a new category under i-saraan

So my question is, would you happen to know if they will look at the self contribution part or the i-saraan part when the calculate how much i have contributed, or they combine both?

Note i have already registered myself for the i-saraan program prior to performing both the self and i-saraan contribution.

user posted image
*
Just deposit rm2000... Pick i-saraan/i-suri option. Now till end of the month...

Get your 300 in August/September (for contribution made during Jan - June period)
xander2k8
post Jun 1 2023, 01:08 PM

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QUOTE(romuluz777 @ May 31 2023, 11:23 PM)
Iโ€™m more worried about the depleting strength of the MYRโ€ฆhaving a large EPF balance could mean nothing in future๐Ÿ˜ถโ€๐ŸŒซ๏ธ
*
Now only if you worried for what ๐Ÿคฆโ€โ™€๏ธ if you have accumulating USD earlier then you should be thankful

QUOTE(nexona88 @ May 31 2023, 11:34 PM)
Not for me as for now....

60k also cannot maximize ๐Ÿ˜”
So how to hit the 100k target...

As for the rate...

I'm looking at least minimum of 5% to maximum of 5.5%

Higher rate... I'm happy ๐Ÿ˜
*
5% is achievable so long as RM donโ€™t appreciate past rm4.20 with current Bursa level at 1450

QUOTE(coolguy_0925 @ Jun 1 2023, 06:02 AM)
but but... all ministers said ekonomi recovering so should be better rate rite brows.gif
*
Good luck listening to ministers ๐Ÿคฆโ€โ™€๏ธ when RM depreciating down the drain ๐Ÿคฆโ€โ™€๏ธ
joice11
post Jun 1 2023, 02:31 PM

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QUOTE(MUM @ Jun 1 2023, 08:10 AM)
Contribution made from 1st of the month will reap only 1 day of interest for that month...
Put in KDI until the last few days of the month then transfer to kwsp
*
understand that deposit to EPF best is 2-3 days before end month, how about withdrawal?
SunBear1999
post Jun 1 2023, 03:28 PM

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BboyDora
post Jun 1 2023, 03:33 PM

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QUOTE(coolguy_0925 @ Jun 1 2023, 06:02 AM)
but but... all ministers said ekonomi recovering so should be better rate rite brows.gif
*
u trust what our politicians said?
!@#$%^
post Jun 1 2023, 03:35 PM

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QUOTE(BboyDora @ Jun 1 2023, 03:33 PM)
u trust what our politicians said?
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lol many here do, optimists

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