Oh thanks for the clarification and answer that's what I'm looking for haha , 70/30 means If I take 100k fr acc2 put back future only left back 30k in acc2 right

will the withdrawal under other purpose is faster between selling your car and the withdrawal process as the timing of your plan to renovate is a priority.?

if withdrawal is faster, then it is as per forummer Cute_boboi's post....above

Don't know just thinking as an option or backup if really cannot raise fund from else where

^^^ Yes.

One more point is EPF withdrawal is changing every now and then. Previously for first-time withdrawal for house purchase, EPF bank direct into my own savings account, not the loan account. Subsequent withdrawal is direct into loan account. FYI, this is many years ago.

Nowadays, I think EPF will direct into loan account. I'm not sure.

Also depends if current bank loan will lock-in or direct-reduce the loan principal balance or not. If like this, then you cannot withdraw also. Also depends if your bank loan is full/semi flexi or just regular loan that cannot withdraw.

You have to check with your bank loan and EPF.

If your total already reached 1mil, then taking out the 50k wouldnt be restricted on the purpose of the money. If for house reno, i dont think can unless but if its for the first house, first time , they will bank in to your account. But later stages, whatever withdraw will to the loan account and you can not take it out even its a flexi loan account.

I suggest just go get some credit card cash out, i think HL giving like 3% plus pa. Still cheaper on this rather you take out the 50k from EPF as that 50k is giving you say 5-6%pa.

For short term roll ...

Confirm that self contribution made on 1 Jan is not reflected in the online account.

Disappointed with EPF systems. Now is year 2020 and you cannot reflect members deposits until declared dividends? I am not even asking for real time, at least you should be able to do so after 2 or 3 days. Else how do we know our deposits are intact and not lost in transition?

Failkan Aduan
https://www.kwsp.gov.my/ms/reach-us/connect...ile-a-complaint

Did you try to see the 'Withdrawal eligibility' section to find any increment of sum due to your deposit? It's an indirect way of checking your up to date current balance if I am not wrong.

Thanks bro! Use your method and saw the increment which is the amount i deposited on 1 Jan

romuluz777 seems like they are able to see the updated balance of amount deposited during the "black out" period

That only applies to self-contributions transacted up till 31-Dec 2019. If you make this transaction during 1-Jan 2020, you won’t see it until after the 2019 dividend declaration.

He mentioned 1 Jan he deposited

-deleted-

OK, the indirect method works. Thanks for the tip guys.
Will proceed to dump the big sum in now


This post has been edited by romuluz777: Jan 8 2020, 08:55 AM

not sure if he did keep screenshots of before and after transaction deposited on 1 Jan.
I think not many do that, unless they purposely want to proof something....
anyway I will ask

can you do as per above post?

Just for u guys info, the response from EPF.

Enquiry

If I were to make a self contribution in January 2020, will I be able to see the amount credited in my i akaun statement or do I have to wait until after the 2019 dividend is declared and the latest statement for 2020 updated ?

EPF Feedback

Mr xxx

Your e-mail dated 3 January 2020 is hereby referred.

Kindly be informed, contribution made during January 2020 can be viewed after the Dividend 2019 is declared.

For other enquiries, you may call EPF Contact Centre at 03-8922 6000, browse EPF official website, obtain EPF online feedback via Enquiry or visit any nearest EPF Offices.

Thank you.

"YOU ARE OUR PRIORITY"

With kind regards

unquote.

There is no transaction date. You know your balance as at 31 Dec and the increment is your deposit. That is why its only an indirect method to check. Not directly show the amount and actual transanction

not sure if it is the same, but maybe it is similar to as per this SSPN thread...

thanks for the inputs and response

As long as the money doesn't get suspended in limbo its fine.
Benefit of putting in $60K in January is that you get the dividend for the month.

what is the "last" date to put in, to be eligible for the FULL Jan dividend calculation?