Why allow some hearsay derail your plans?
If at this age, you are already having the ability to be within range of the million, don’t worry so much. If one has a million, it’s not a big deal if they increase the amount by a hundred k. Since the dividends can cover half of that. The other half will likely be covered by your ongoing contributions.
I don’t envisage them changing and increasing it every year. Once they get to 1.3mil, it will stop.
The essence of allowing withdrawals after a million is in line with substantial amount. It was then but not so much now. So the new level is 1.3mil. Should not be a problem for you to get there.

It was mentioned many times, any changes will only affect the new account holders which is basically 13 years old today.

If you look at the statistics published by EPF, you will realise the pareto principle applies. Changing the withdrawal age to 60 or 65 would have no material effect on the existing people.

This post has been edited by BenChiew: Nov 7 2025, 01:21 AM

Not quite the 20/80 proportion but wanted to say the majority of the AUM is held by the few people.the op was worried the withdrawal threshold will keep shifting upwards. It will only affect a very small number of people since most are nowhere near even the 1mil. And those that are near that realm and and still young should not worry too. Since the dividends on a lofty amount will easily cover half of the increase. The other half can be fulfil by their own work contributions. Unless one intends to keep no more than 1 mil in EPF would be concerned.

I noted that RIA is ongoing, but do you see it increasing constantly at rm100k a year? If that is necessary because of inflation, we would be facing far more serious issues than what is allowed to be withdrawn. Epf is basically meant for retirement and nothing else for most people.

This post has been edited by BenChiew: Nov 9 2025, 03:41 AM

Based on what you have provided, wouldn’t the dividend and your work contributions make up the rm100k a year? Your voluntary contribution should fall beyond the minimum right?

Sorry you feel it’s personal. But thanks for agreeing to what I said.
The OP provided additional information which made it easier to hone down to his exact situation. Many times people say something but assumptions needs to be made simply coz they don’t put out enough information.

As to why I asked those questions, I guess you already answered it for me. Just highlighting that in his position, he should not be too concerned.

Also another point to remember, when the government announced that they are studying the withdrawal formulation. They did stress several times that it will not be retroactive. The first that will be affected are only 15 years old. Those born after 2010.

Just saying. I know of a case. If one hits 1mil at 46,47 and continued working till 60 and your employer pays 17-18% contributions. Will snowball to a massive amount even without self contributions.

This post has been edited by BenChiew: Nov 10 2025, 12:12 AM

There is a huge difference between people having a healthy EPF balance and those that made it healthy by self contributions.
If you are the former, you would easily have another 3 to 4X more than what one have in the EPF. And they don’t usually need to touch their EPF.

“Gold” is another area where people withdraw their epf to buy.
Unfortunately the gold that is promoted is overpriced. Not quite a scam. But the premium is 30% and no guarantee for purity or weight. This is prevalent in the Malay community.

This post has been edited by BenChiew: Nov 12 2025, 03:23 AM

Don’t quite understand the difference. Are they giving another name to the money put in after the statutory amount?

Monthly contributions from work is I-simpan and I-topup is the rm100k voluntary contribution?

This post has been edited by BenChiew: Dec 6 2025, 11:05 PM

100k to 400k is 25%
400,001 to 600k is 26%.
600,001 to 2 mil is 28%.
Above 2 mil is 30%.

Depending on which band you hit, your maximum will be limited by the income tax band.
I would say max is about 75%

This post has been edited by BenChiew: Dec 10 2025, 01:08 AM

Percentage does change every year. Last year was 15%. This year is 20%.
Also another limitation other than max rm5k is up to age 60.