cannot remember exactly... but within a few biz days.
fyi: they will refund that entire deposit transaction, not just the excesss.

Thanks, it's almost a week since they notified me about it.
Apparently they are refunding excess now? I've already sent my bank acc, but got no replies after that. I guess I'll just wait and see.


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oh wow... tq for this new updated info. So looks like they had improved on their process/capability.

Last time when I tested, they called me and informed me all will be returned. This new process is much better, albeit a bit long.

greetings.
how does the matching voluntary savings work?
and the limit per annum?

my son is working part time.
i intend to save some money into his account to be eligible for the matching grant.

please advise limit and expectation of grants to be in.

is it RM600 per annum subject to RM6k max in lifetime? or something like that?

thank you.

Looks like need to go higher education then can only apply and depends on parents income too.
More info......
https://www.ptptn.gov.my/en/simpan-sspn/sim.../geran-sepadan/

Oops, ...that above info and link is for sspn matching grant.
For Epf i am not sure of any matching grant. I only heard of i saraan incentives

Thanks Guy3288 for correcting

This post has been edited by MUM: Dec 10 2025, 04:21 PM

aiseh.... looks like damn hard wei....

anyway, just revisited the previously podcast or article about turning RM150k into RM1mil.

if you pump in RM100,000k to your child when he/she turns 18 and top up another RM50k when he/she turns 25, he/she should have RM1mil by age 59/60.
I ran a 5% annual interest rate and it's true.

so i guess to enable my child to be millionaire by 60, i need to do something similar!

If for me, ... I would just go for some equity investing since hv long investing horizon and transfers to their own investing account when they can open their own investment account.
Also If childten needed money before age 55 later...they can still take out, but if in EPF, ...must reach certain age or met certain conditions

This post has been edited by MUM: Dec 10 2025, 04:33 PM

totally different thing he asked

you are asking about matching i saraan from EPF

or are you asking for matching PTPTn money for the poor
whose kid just received offer letter from recognised university?

so different bro...

kochin

Looks like you're asking about i-saraan...

It's actually 500 per year or 5k lifetime.... Not 600 or 6k lifetime (unless your children intended to drive grabs, Foodpanda etc.)

EPF account minimum age is 14yo

yes i-saraan.
to yearly give kiddo rm2,500 to be entitled matching rm500 from gomen?
repeat for 10 years to max out rm5k matching grant?

I think it is termed as " incentives"
And yes for 10 yrs, ...if the kiddo still does not hv salary income from employer

https://www.kwsp.gov.my/en/member/savings/i-saraan

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.

hi all, wanna ask, the limit self contribute / i saraan is RM 100k, so when should I dump in? beginning of the year January 2026 to get the annual div?

Yes, before 31 January 2026. Safest is around 27 to 29 January.

January is best time to get maximum dividend

1 day for January + 11 month...

But remember since you only get 1 day for January... Do please deposit last week of January only to minimize interest losses....

arigato!!

Deposit on December last week so get full divid for the entire 2026 provided you have self contribution limit
A lot of ppl here normally max out so we have to use the January window of last week of Jan

This one also good suggestions...

Actually didn't think about it...

But like you said... Many have max out their limit for the year... Many quite well off people we have around lowyat forum 💪🤑💵

Funny in 2018, people saying EPF will collapse and better take money out. Now, people rushing to put money in instead.

For me, I just put in whenever I have spare cash laying around regardless of which month

This post has been edited by touristking: Yesterday, 09:23 AM

The way I look at it, EPF is the safest option to treat as a pension scheme, aside from the government pension scheme.

Seventeen of my close personal friends whom I personally know are living on passive income from EPF dividends alone. Youngest is 38 and is getting RM20k monthly from dividends only.

I am almost reaching RM1 million now but I need a few more bonuses to exceed RM1 million.

I don’t care what people say about going for gold, unit trusts, insurance or Bitcoin. I’m going all out with EPF now.

Because if EPF collapses, Malaysia will collapse as well.