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 EPF - self contribution, need advise

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joeblow
post Apr 14 2020, 10:25 PM

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QUOTE(eaglehelang @ Apr 14 2020, 06:48 PM)
Guys, for I -Saraan, has anyone contributed without filling up the form first?
Cos there's a I-saraan button in Maybank2u.

According to the FAQ need to fill up form. If self contribution no need.
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No you need to go down to EPF to fill up the form.
Human Nature
post May 21 2020, 06:43 PM

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Any of you pumping more to EPF considering that FD rate is very low?
lyc1982
post May 23 2020, 01:37 AM

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QUOTE(Human Nature @ May 21 2020, 06:43 PM)
Any of you pumping more to EPF considering that FD rate is very low?
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i already maxed out my 60k this year...

btw if I accidentally contributed more than 60k (via cimb)...like rm10 extra , what would happen to the extra rm10 ?
Human Nature
post May 23 2020, 01:41 AM

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QUOTE(lyc1982 @ May 23 2020, 01:37 AM)
i already maxed out my 60k this year...

btw if I accidentally contributed more than 60k (via cimb)...like rm10 extra , what would happen to the extra rm10 ?
*
This post said will refund all the money from the latest contribution.

https://forum.lowyat.net/index.php?showtopi...post&p=93140192
doremon
post May 26 2020, 05:57 AM

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QUOTE(lyc1982 @ May 23 2020, 01:37 AM)
i already maxed out my 60k this year...

btw if I accidentally contributed more than 60k (via cimb)...like rm10 extra , what would happen to the extra rm10 ?
*
Meaning RM60,000.00k + 5% dividend (Assuming) = RM63,600.00 u'll be getting right ?
CyFrozenFoods
post May 26 2020, 10:25 AM

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QUOTE(lyc1982 @ May 23 2020, 01:37 AM)
i already maxed out my 60k this year...

btw if I accidentally contributed more than 60k (via cimb)...like rm10 extra , what would happen to the extra rm10 ?
*
Have you call to EPF customer service regarding this issue? Hope you could update here if you receive any feedback from EPF. Thanks.
lyc1982
post May 26 2020, 11:07 PM

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QUOTE(Human Nature @ May 23 2020, 01:41 AM)
This post said will refund all the money from the latest contribution.

https://forum.lowyat.net/index.php?showtopi...post&p=93140192
*
my latest top-up was rm5k...that means rm5k would be refunded ?
these few days epf on holiday...no update on my account yet

QUOTE(doremon @ May 26 2020, 05:57 AM)
Meaning RM60,000.00k + 5% dividend (Assuming) = RM63,600.00 u'll be getting right ?
*
ermm...i am not sure how to calculate the dividend
but don't think it would be 3.6k in dividend
i hope it's 5% too ! haha...

QUOTE(CyFrozenFoods @ May 26 2020, 10:25 AM)
Have you call to EPF customer service regarding this issue? Hope you could update here if you receive any feedback from EPF. Thanks.
*
not yet, maybe tomorrow will try giving them a call..
SUSyklooi
post May 27 2020, 12:00 AM

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QUOTE(lyc1982 @ May 26 2020, 11:07 PM)
my latest top-up was rm5k...that means rm5k would be refunded ?
these few days epf on holiday...no update on my account yet
.............
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can you check online to see if that money is in?
MGM
post May 27 2020, 11:17 AM

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Using M2U to transfer funds to EPF is limited to <= rm5000 per transactions, so have to do 12x for rm60k. What about other banks?
GrumpyNooby
post May 27 2020, 11:23 AM

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QUOTE(MGM @ May 27 2020, 11:17 AM)
Using M2U to transfer funds to EPF is limited to <= rm5000 per transactions, so have to do 12x for rm60k. What about other banks?
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Same goes to CIMBClicks.
MUM
post May 27 2020, 12:59 PM

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QUOTE(MGM @ May 27 2020, 11:17 AM)
Using M2U to transfer funds to EPF is limited to <= rm5000 per transactions, so have to do 12x for rm60k. What about other banks?
*
from
EPF DIVIDEND, EPF
https://forum.lowyat.net/topic/2705461

from page 195 discussions....

QUOTE(,Feb 19 2020, 07:40 PM)
For self cuntribution, its possible to transfer RM60K one shot on PB e-banking.
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QUOTE(,Feb 19 2020, 08:41 PM)
I can confirm this is possible as I’ve done it myself.
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QUOTE(,Feb 19 2020, 10:14 PM)
Using PBB ebanking, no security device.
For Rm60K one transaction, just using fone and TAC number.
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QUOTE(,Feb 20 2020, 04:05 PM)
Bro what is FSM ? No idea.

My replies above are specifically on the EPF Malaysia only.
As explained earlier, its 60K per transaction.
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GrumpyNooby
post May 27 2020, 01:05 PM

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QUOTE(MUM @ May 27 2020, 12:59 PM)
from
EPF DIVIDEND, EPF
https://forum.lowyat.net/topic/2705461

from page 195 discussions....
*
When I put RM 60k in PEe for KWSP self-contrition payment I got this error:

QUOTE
Transaction Unsuccessful.
Maximum transaction amount for open payment is RM9,999.99.
Please register biller as favourite or apply for SecureSign Token if the payment amount is RM10,000.00 and above.


This post has been edited by GrumpyNooby: May 27 2020, 01:05 PM
MUM
post May 27 2020, 01:08 PM

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QUOTE(GrumpyNooby @ May 27 2020, 01:05 PM)
When I put RM 60k in PEe for KWSP self-contrition payment I got this error:
*
thanks for the checking out...
then perhaps have to "register biller as favourite or apply for SecureSign Token if the payment amount is RM10,000.00 and above", to be able to like posted in Feb 2020
or maybe it was a new requirement?

This post has been edited by MUM: May 27 2020, 01:09 PM
MGM
post May 27 2020, 01:08 PM

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QUOTE(MUM @ May 27 2020, 12:59 PM)
from
EPF DIVIDEND, EPF
https://forum.lowyat.net/topic/2705461

from page 195 discussions....
*
Thanks for this info. I just realised that better to do it yesterday 40k and today 20k cos only 3 working days to 1-Jun even though my last few transfers in 2019 were credited in EPF acc the next day.
May be TS WTF2008 can put it on 1st page.

This post has been edited by MGM: May 27 2020, 01:10 PM
MUM
post May 27 2020, 01:11 PM

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QUOTE(MGM @ May 27 2020, 01:08 PM)
Thanks for this info. I just realised that better to do it yesterday 40k and today 20k cos only 3 working days to 1-Jun even though my last few transfers in 2019 were credited in EPF acc the next day.
May be TS WTF2008 can put it on 1st page.
*
but do take note of GrumpyNooby test out results as above
MGM
post May 27 2020, 01:20 PM

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QUOTE(GrumpyNooby @ May 27 2020, 01:05 PM)
When I put RM 60k in PEe for KWSP self-contrition payment I got this error:
*
Thanks, so need to do abide by these condition:
Maximum transaction amount for open payment is RM9,999.99.
Please register biller as favourite or apply for SecureSign Token if the payment amount is RM10,000.00 and above.
JAIDK23
post May 27 2020, 07:29 PM

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QUOTE(notadupe999 @ Apr 4 2020, 01:38 PM)
Was 6k combined before.

Was a stupid move by LGE. Must have been lobbied pretty hard by the insurance industry.
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i hope it will revert back for next year since LGE no longer 'there'
Cookie101
post May 27 2020, 08:32 PM

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QUOTE(MGM @ May 27 2020, 11:17 AM)
Using M2U to transfer funds to EPF is limited to <= rm5000 per transactions, so have to do 12x for rm60k. What about other banks?
*
U just need to up m2u limit.

It is not limited to 5k. You can do 50k one go.
MGM
post May 27 2020, 10:02 PM

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QUOTE(Cookie101 @ May 27 2020, 08:32 PM)
U just need to up m2u limit.

It is not limited to 5k. You can do 50k one go.
*
U mean change the 3rd party limit (max 30k)?

user posted image
Human Nature
post May 28 2020, 01:09 AM

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QUOTE(Cookie101 @ May 27 2020, 08:32 PM)
U just need to up m2u limit.

It is not limited to 5k. You can do 50k one go.
*
CIMB allows 5000 per transaction too if not mistaken

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