Did she elaborate further with reasons why she doesn't agree with you?

the good thing is... you have 5 years to change her mind or you change your mind...

No la. I can do my part. She can do her part. Differently. Haha. Diversify ma.

Various reasons la. Preference. Result. Capabilities. Like I said. She’s the better investor. Her investment track record definitely better than epf. Without the need to lockdown like epf until old age.

So we can use diff strategy. It’s okay. .

imho... just do isaraan first when they turn 14...

the rest can dca into sp500 for 10% growth...

move money into their epf only if your fd is piling up and you are unlikely to ever finish your retirement funds... this way you have more backup for contingencies...

boys or girls not important... why would you bring it up?

may as well deploy the strategies by both the parents (wifey and you) in parallel... that itself is diversification and improves the chances of positive outcomes.

For the EPF part, just need to be cognizant... EPF did mention that members born after 2010 may not have the same treatment as us older members.


In particular, this phrase: "The proposed mandatory monthly withdrawal option however will only apply to new EPF members born in or after 2010, and registered with the EPF after the implementation date. The first payout under the mandatory option is only expected to be made when these new members retire, some decades in the future. This proposal is still being refined, ... "

https://www.kwsp.gov.my/en/w/no-change-for-...g-epf-members-1

This post has been edited by Wedchar2912: Jul 19 2025, 09:09 PM

Epf better be quick.. those born on 2010 are 15 years okd already and they have a couple of years to make these amendments before some joins the workforce

very true... but in this case, I rather they take their own sweet time to analyse, get feedbacks from society, run simulation, talk to many people... etc...
longer it takes, the better. Assuming whatever rule change only impact new members after they announce the new rules/mechanism.

edit:
parent who has kids of age 14 and above... should seriously consider getting their kids to open epf accounts before the new rules come out.

i have not read anything to indicate that EPF has already finalized or announced the new rules... hopefully I didn't miss anything

This post has been edited by Wedchar2912: Jul 19 2025, 09:34 PM

Penalty for corruption is less heavy than the scale of corruption makes people think twice to save money with the institution

Just look at the numbers, ....
People that knows and have the means, ....just loves it


Attached thumbnail(s)

the 500rm i-saraan incentive can be a great pull factor to creating new accounts...

Many of my friends open accounts for their kids just to get the incentive by pushing 2500 rm in.

Btw...

i-saraan rm500 credited by month end right???

Hopefully on time & not delayed....

hope so... been waiting since Q1... faster gov credit, that 500 can accumulate div too. each month earlier is extra 2rm at least.

Yar lor, those people scare of this and that, think negatively about this and that, and hesistated or still think twice to save money with the institution, ...Will missed those free money and the dividends too

This post has been edited by MUM: Aug 23 2025, 03:55 PM

i-saraan based on 6 month basis...

So June is dateline....

With all these AI technology around....
Should be very easy to know who is qualified....

Only problem is the financial part.... Which given by government allocation.... That always the delay part....

I plan to self top up to my EPF account via FPX payment. So I need to perform the top up latest on August 28 in order to be able to earn the dividend from September 1 onwards?

Personally I would deposit tomorrow 27 August...

Because if, banks system offline or issues... You missed the important dateline....

Voluntary contribution is rm3000 maximum to get tax relief right?

Or got people put more than 5 digit self contribute to epf?

This post has been edited by Chiggah: Aug 26 2025, 05:52 PM

why not? 100k to earn dividend 6%

Depends on your objectives...

Just purely for tax relief purposes or for retirement / investment purposes....

Some just 3k while some other trying to maximize 100k per year....

I-Saraan masuk tak boleh keluarkan?

Masuk Account 1 boss

How to withdraw unless 55yo