EPF - self contribution, need advise
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 Feb 10 2025, 01:55 PM
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#41
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7,816 posts Joined: Jan 2005  
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QUOTE(nexona88 @ Feb 10 2025, 01:46 PM) Walao... That's why i'm very slim. Anyway, lasted a few months before VSS. So i dont know long term survivability.Seriously 馃槖 Personally I don't think many can do that much....  nexona88 liked this post
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Mar 3 2025, 06:44 PM
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#42
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7,816 posts Joined: Jan 2005
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Self contribution with App over FPX on Feb 27 reflected as Mar 2.
Pay using RHB Online Banking on Feb 26 Reason doing this : Depositor using default transaction limits of mostly 5k. Change of limit requires 12 hours coolie period. This post has been edited by beLIEve: Mar 4 2025, 10:30 AM |
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Mar 7 2025, 06:15 PM
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#43
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QUOTE(Wedchar2912 @ Mar 7 2025, 06:08 PM) yeah, that is also my understanding... from reading the google translated page of sin chew. > This is their direction moving to,I wanted to be certain as sg8989 seemed to indicate otherwise. |
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Mar 7 2025, 09:04 PM
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#44
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7,816 posts Joined: Jan 2005
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QUOTE(Wedchar2912 @ Mar 7 2025, 06:24 PM) They are exploring... yes. They are moving... no idea and not yet... Chances are yes... I thought 1 time withdrawal is 50 years old, from Account 2.But to claim DO NOT ALLOW ONE TIME WITHDRAWAL when you hit 55 years old is just misinformation at best. Also to mention that in the article (translated one that I can read), there were mention about only on new members of EPF. So if anything, this impacts on future EPF members who are not even members now. They mention a lot of things. But latest guideline that transitions to 1.1m, 1.2m, 1.3m already show how much you can withdraw every month. Now only see how much they can apply their proposal into reality without breaking any existing laws/provisions. QUOTE(Positron @ Mar 7 2025, 08:17 PM) Hi all , want to ask if I put in money for self contribution for EPF? All 3 accounts same like monthly contribution paid by company.to which account the money goes for self contribution? sg8989 liked this post
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Mar 7 2025, 09:37 PM
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#45
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QUOTE(sg8989 @ Mar 7 2025, 09:06 PM) Yes The problem with the 3-tier withdrawal limit is, it shows their intention to hold our money. They'll probably have to amend existing laws to do that.The transition from 1m to 1.3M is not the final. They claimed will revise from time to time. Who knows after 5 years become 1.4 1.5 1.6M? LOvebugs liked this post
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Mar 17 2025, 12:59 AM
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#46
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7,816 posts Joined: Jan 2005
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QUOTE(nexona88 @ Mar 16 2025, 10:03 PM) ronnie EPF account simply won't be closed one.... Especially if you're account is zero balance... Don't worries... I can confirmed because one of my relatives have zero balance... (Don't ask how I know 馃様) But account still there... (You can test with third party deposit - you need IC number only)... https://www.kwsp.gov.my/en/w/epf-announces-...-employers-data He added that all dormant accounts would remain open for members below 75 years old in order to provide them the opportunity to re-contribute to their account for their retirement well-being. This post has been edited by beLIEve: Mar 17 2025, 01:03 AM nexona88 liked this post
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