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 EPF - self contribution, need advise

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lyc1982
post Jun 14 2020, 10:17 PM

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QUOTE(MUM @ Jun 14 2020, 10:05 PM)
that was fast...
they return just the "extra" RM10 (exceeded RM60k) or the whole sum of the last transaction?
*
whole sum of the last transaction...

so i need to transfer the exact correct amount this time to avoid getting the money stuck in nowhere
MUM
post Jun 14 2020, 10:23 PM

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QUOTE(lyc1982 @ Jun 14 2020, 10:17 PM)
whole sum of the last transaction...

so i need to transfer the exact correct amount this time to avoid getting the money stuck in nowhere
*
thanks for the all information you had provided.... thumbsup.gif
BboyDora
post Jun 30 2020, 10:46 PM

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Hi all, tumpang topic,
I just applied i saraan via counter. The staff told me they will registered for me next day. They say can direct bank in money inside ady.

How am i supposed to know that I ady under I saraan? When i check my i Akaun, nothing difference.

Is it i can bank in any money from Maybank2u ady? Thanks in advance
MUM
post Jul 1 2020, 12:31 AM

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QUOTE(BboyDora @ Jun 30 2020, 10:46 PM)
Hi all, tumpang topic,
I just applied i saraan via counter. The staff told me they will registered for me next day. They say can direct bank in money inside ady.

How am i supposed to know that I ady under I saraan? When i check my i Akaun, nothing difference.

Is it i can bank in any money from Maybank2u ady? Thanks in advance
*
try read page 7, post 130 and important tips on post 135 by birdman8
BboyDora
post Jul 1 2020, 09:51 AM

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QUOTE(MUM @ Jul 1 2020, 12:31 AM)
try read page 7, post 130 and important tips on post 135 by birdman8
*
Thank you.
I just wanted to know wether the officer ady registered for me or not. worry later I do the transfer, then the money didnt enter my EPF.
Worry the officer forget to register or what biggrin.gif biggrin.gif
jas029
post Jul 1 2020, 11:44 AM

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QUOTE(BboyDora @ Jun 30 2020, 10:46 PM)
Hi all, tumpang topic,
I just applied i saraan via counter. The staff told me they will registered for me next day. They say can direct bank in money inside ady.

How am i supposed to know that I ady under I saraan? When i check my i Akaun, nothing difference.

Is it i can bank in any money from Maybank2u ady? Thanks in advance
*
when u're about to transfer/deposit from ur m2u, u will have the option to choose self-contribution (without saraan) and self-contribution (with saraan).. opt for the one that apply to ur situation then
thesoothsayer
post Nov 18 2020, 12:11 PM

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Anyone knows what happens if put over 60k into the self-contribution account? Money seems to be stuck somewhere, but haven't been able to reach EPF yet.

Edit: lyc1982, saw you were in the same situation. Which form did you use? Thanks.

This post has been edited by thesoothsayer: Nov 18 2020, 12:14 PM
ironman16
post Nov 18 2020, 12:16 PM

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QUOTE(BboyDora @ Jul 1 2020, 09:51 AM)
Thank you.
I just wanted to know wether the officer ady registered for me or not. worry later I do the transfer, then the money didnt enter my EPF.
Worry the officer forget to register or what biggrin.gif  biggrin.gif
*
after u success transfer the money, and the money oledi reflect in ur account, u will see "self contribution i Saraan"

This post has been edited by ironman16: Nov 18 2020, 12:17 PM
wjchay
post Nov 18 2020, 12:37 PM

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QUOTE(thesoothsayer @ Nov 18 2020, 01:11 PM)
Anyone knows what happens if put over 60k into the self-contribution account? Money seems to be stuck somewhere, but haven't been able to reach EPF yet.

Edit: lyc1982, saw you were in the same situation. Which form did you use? Thanks.
*
If last transaction exceeds the threshold, EPF will contact you to refund the last transaction amount, regardless how much extra. It's a manual process, it will take time.
MGM
post Dec 26 2020, 03:23 PM

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Any idea this "Sumbangan I-Saraan" still available? Has it been given out for 2020 cos I cant check at EPF website due to maintenance? hope it will return b4 year end.

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SUSyklooi
post Dec 26 2020, 06:49 PM

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QUOTE(MGM @ Dec 26 2020, 03:23 PM)
Any idea this "Sumbangan I-Saraan" still available? Has it been given out for 2020 cos I cant check at EPF website due to maintenance? hope it will return b4 year end.

Service Enhancements
Laman web ini sedang melalui aktiviti penyelenggaran sistem. Justeru, ia tidak dapat diakses buat sementara waktu. Penyelenggaran ini adalah sebahagian daripada komitmen kami untuk memberikan perkhidmatan yang lebih cekap dan berkesan. Kami memohon maaf atas sebarang kesulitan yang timbul.

Our website is currently undergoing a system maintenance exercise. Therefore, it will be temporarily inaccessible. The system maintenance is an integral part of our commitment to provide a better and more efficient services. We apologise for the inconvenience..
*
just asking,....when did you make the I-saraan contribution?

i think reading from their FAQs

The EPF will routinely make government contribution claims based on accumulated contribution for the first (January to June) and second (July to December) halves of the year.
Upon receiving the contribution payment from the government, the amount will be credited into members' Account 1 (Retirement Account).

https://www.kwsp.gov.my/member/contribution...he%20government.

looks like those that contribute i-saraan on the 2nd half of the year will "get" it next year.
ikanbilis
post Dec 27 2020, 11:31 AM

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QUOTE(yklooi @ Dec 26 2020, 06:49 PM)
just asking,....when did you make the I-saraan contribution?

i think reading from their FAQs

The EPF will routinely make government contribution claims based on accumulated contribution for the first (January to June) and second (July to December) halves of the year.
Upon receiving the contribution payment from the government, the amount will be credited into members' Account 1 (Retirement Account).

https://www.kwsp.gov.my/member/contribution...he%20government.

looks like those that contribute i-saraan on the 2nd half of the year will "get" it next year.
*
I did my i-saraan contribution on 19 May 2020 and received RM250 gov contribution on 24 Sep 2020

This post has been edited by ikanbilis: Dec 27 2020, 11:32 AM
SUSyklooi
post Dec 27 2020, 12:13 PM

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QUOTE(ikanbilis @ Dec 27 2020, 11:31 AM)
I did my i-saraan contribution on 19 May 2020 and received RM250 gov contribution on 24 Sep 2020
*
thanks for telling and confirming the latest info
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ikanbilis
post Dec 27 2020, 04:39 PM

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QUOTE(yklooi @ Dec 27 2020, 12:13 PM)
thanks for telling and confirming the latest info
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I check my 2019 statement and noticed my contribution made during April 2019 and gov contribution credited October 2019.

So i guess gov contribution will be made in Sep/Oct for i-saraan deposited before June. I have no idea when will be the gov contribution be credited for i-saraan made from July onwards. So everyone try to deposit the i-saraan before June to be safe.
laceruffles91
post Dec 31 2020, 09:44 PM

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Hi all, I am a salaried worker with epf account, can i self-contribute extra to my epf account random amounts whenever I want? Do I need to isi any borang?

This post has been edited by laceruffles91: Dec 31 2020, 09:46 PM
GrumpyNooby
post Dec 31 2020, 09:47 PM

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QUOTE(laceruffles91 @ Dec 31 2020, 09:44 PM)
Hi all, I am a salaried worker with epf account, can i self-contribute extra to my epf account random amounts whenever I want? Do I need to isi any borang?
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Additional self contribution no need to fill any form but there's annual cap for it.

https://www.kwsp.gov.my/member/contribution...lf-contribution

This post has been edited by GrumpyNooby: Dec 31 2020, 09:48 PM
laceruffles91
post Dec 31 2020, 10:25 PM

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QUOTE(GrumpyNooby @ Dec 31 2020, 09:47 PM)
Additional self contribution no need to fill any form but there's annual cap for it.

https://www.kwsp.gov.my/member/contribution...lf-contribution
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Thanks! Then i can save some in epf instead of fd ✌🏻
SUSyklooi
post Dec 31 2020, 10:29 PM

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QUOTE(laceruffles91 @ Dec 31 2020, 10:25 PM)
Thanks! Then i can save some in epf instead of fd ✌🏻
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Do take note of the availability of lock in period in epf...
laceruffles91
post Dec 31 2020, 10:33 PM

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QUOTE(yklooi @ Dec 31 2020, 10:29 PM)
Do take note of the availability of lock in period in epf...
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Haha yeah I will only keep some in epf... some in fd...


bourse
post Jan 1 2021, 03:34 PM

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QUOTE(ikanbilis @ Dec 27 2020, 04:39 PM)
I check my 2019 statement and noticed my contribution made during April 2019 and gov contribution credited October 2019.

So i guess gov contribution will be made in Sep/Oct for i-saraan deposited before June. I have no idea when will be the gov contribution be credited for i-saraan made from July onwards. So everyone try to deposit the i-saraan before June to be safe.
*
Jan19 - Feb19 did not pick I-saraan at bank option, so no gov contribution for it.
May19 - Jun19 I-saraan, gov contribution RM70.05 in Oct 19.
Jul19 - Dec19 I-saraan, gov contribution RM179.95 in Feb 20.
2019 I-saraan, gov give RM250 in total.

Jan20 - Jun20 I-saraan, gov contribution RM250 in Sep 20.
Jul20 - Dec20 I-saraan, gov contribution should be next year Feb.
2020 I-saraan, gov already give max RM250, dunno next feb/mar still receiving or not.


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