ok thanks. that's interesting. i had assumed in below scenarios, each person has 60k to contribute to whichever account he's allowed to contribute to (self, spouse, children, parents):

Scenario 1:
- I have 60k, my son has 60k
- i contribute 60k to my EPF account
- my son contribute 60k to his EPF account
- total contribution 120k, both me and son used up 60k quota

Scenario 2:
- I have 60k, my son has 60k
- i contribute 60k to my EPF account
- my son contribute 60k to my EPF account
- total contribution 120k, both me and son used up 60k quota

if topper and toppee share same quota due to contribution to others, then:

Scenario 3:
- I have 60k, my son has 60k
- my son contribute 60k to my EPF account
- total contribution 60k, both me and son used up 60k quota 

is the last scenario what you meant? or do you mean the below?

Scenario 4:
- I have 60k, my son has 60k
- my son contribute 60k to my EPF account
- total voluntary contribution to my account maxxed out at 60k, i cannot self-contribute further

with your explanation, now my understanding is that it's based on 60k cap allowed into each individual's account per year then, which also makes sense.

Hmm..I plan to do on 25th after I came back from Singapork. Still on time.for Jan 2023??

self contributed on the 20th, today 24th still nothing showing. maybe due to the CNY holidays.
I am using the old method via Maybank (not using the EPF app)

Question: Can we self-adjust employee contributions from 11% to say 20% or 30% while the employer retains 13% (force saving for the employee)?

Can't you do it yourself via self contribution using some bank website?

Hmm...
Don't think it's work like this...

Something is wrong somewhere...

Thanks bro but pushing to 50 so better start saving now. Enough lah enjoy enjoy enjoy (ref to myself lol). Its time to sakit now for a better future

i-Saraan Registration

https://online.kwsp.gov.my/isaraanReg/?lang=ms

if anyone interested

yes. self employed

make sure no employers  / company linked to your account

LHDN records 😁

SSM records 😁

Heck banks accounts 😁

For qualify the rm250

Free money not easy to get if they check everything

That's why...

Cash is King

No paper trail....

Don't bank ins, No EPF, No LHDN 😁

Hi,

https://www.kwsp.gov.my/member/overview#InvestmentDividends

Based on the EPF Website:

"Whereas your monthly contributions will earn dividends based on:

A day in the month of said contribution
Said month's contribution will earn dividends based on the daily calculation starting the following month until the end of December of that year"

Can someone confirm that money deposited say in the middle of the month would only stat earning interests on the 1st of the following month?

Therefore if I plan to deposit 60k for self contribution last week in March , the 60k should be earning interests at the 1st of April. Is my assumption correct?

Thank you.

Maybe can ask that forex trading haram guy  😆

What's the max amount can be requested for online withdrawal?

Seriously EPF can withdraw online ?

This I need to know how lol (General knowledge) 

Dividend is paid and calculated up to age of 75 actually.

If have 1m in EPF account... i will use it like a saving account.
Any balance above 1m, you can withdraw anytime subject to minimum RM50k.
now can self contribute up to 100k a year, it will be quite convenient.

obviously he edi pass 1 mil mark......

so EPF is ATM.......if can str8 bank in to EPF account i think he'll opt in lol

imho... best way epf to retain $$$... at 55/>1mil give ppl 'epf debit' card... zero fee withdrawal at any atm... 'casa' @ >5% where can get... hahaha

yeah...

but imho biggest risk is scam after full withdrawal and sweet talk by bank into shitty investments...