Guys,
What happen if u already max 60k self contribution and u try to put money in again via maybank2u.

Will we get refunded automatically or there will be an error?

previously, a forummer mentioned that any money in excess of RM60k would be refunded without any interest....
I think Maybank2U would not know the details in your EPF a/c...thus they would not prompt error....
only after kwsp do the accounting then they would know...

no brain means if dont want to chop the dividend in Jan, no need go through so much hassle. just deposit at the end of Jan, finish story.

anyway, hadn't have time to update here. EPF got back to me, and in short, if already max out self contribution this year, cannot put in this year, even end of Dec. one can do some tests, but I think I'll just wait for end of Jan 2020 to deposit.

You really have a care heart, so responsibility and thank you for your reply.

Your QUOTE before
the dividend calculation for the contribution is based on one day for the contribution month. For example: January 2020 contribution and the payment was made within 1st January 2020 until 31th January 2020, dividend calculation is calculated as one day.
if you wish to get dividend for 2020, you may contribute any day in December 2019.

I read again, I think above sentences if mean you can contribute in last day(no need wait amount appeared in I-Akuan) also can get next month whole dividen.

I hope I can get accuracy answer, but I try get from you. You confirmed want wait or not?
Thant's mean if you end of Jan 2020 to deposit, the date you'll choice 28 Jan 2020 or 31 Jan 2020?

If last day through online bank pay to EPF no need count transfer time, this is much more easy and sure. You know?
Thank you.

I won't do it last day. I'll do it when my FD matures.

yes they said any time, but I have serious doubt Dec 31 is a good idea.

With CIMB Click, it will by default prompts "Other EPF/KWSP Account", and we have to fill EPF Acc#, name & IC.

How to add our EPF account to "Favorite EPF/KWSP Account" since it able to choose?

Add Favorite Management just allow to manage favorite BANK account, how about KWSP?

Can we withdraw EPF akaun 2 to purchase a second-hand home?

KWSP withdrawal for sub sale unit....
https://www.kwsp.gov.my/member/withdrawals/...a-house#subsale

Thanks for your help. I wasnt aware that second-hand home is under the sub-sale category.

Hi guys I apologise if my question was asked before. Im still a student and i have an epf account opened due to internship purpose. I came across with epf i-saraan we can self contribute it, i want to ask if the dividend calculation is same as in epf? Also, is i saraan the only way for self contribution. Thanks alot !

i want to ask if the dividend calculation is same as in epf?
"should" be the same, never heard of different methods of calculation of dividend payment for different method of contribution

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

Also, is i saraan the only way for self contribution.
as the max for any or a combination of any of those voluntary contributing method (Self Contribution, i-Saraan, i-Suri, Top-up Savings Contribution) is still maxed at RM60k effective Jan 2013
thus, can consider this if next time when you are working and contributing to EPF, can seek to contribute a larger % of your income.
this larger % can be way above the minimum statutory employee rate

https://www.kwsp.gov.my/member/contribution...-statutory-rate

just a note,....as highlighted by a forumer recently...
if you are paying taxes, ..... your money to EPF are taxed before being contributed,....and then that money will be locked till 50+ yrs old


This post has been edited by MUM: Sep 25 2019, 07:44 AM

If you already have an existing EPF account, you are not eligible to open an i-Saraan account because that account is meant for those who freelance without any official employment.
You can still self-contribute into your regular EPF account. Just go to any EPF kiosk to check your EPF account status. Once your account is opened, it should be with you for life.
Your regular EPF account will still work the same and would still continue providing you with dividends.

how do i self contribute to my own account ya?

Can I withdraw EPF account 2 to pay my housing loan ? My house will complete next year April 2020. What are the conditions?

You can do it via online banking. It's convenient to just do a payment into your own EPF account.

You serious cannot search Google to solve such a general question?

https://www.kwsp.gov.my/member/withdrawals/...em-housing-loan
https://www.kwsp.gov.my/member/withdrawals/...hly-installment
https://www.kwsp.gov.my/member/withdrawals/...urchase-a-house

All the info you need is within. Just spend some time to read.

Deleted....
after noticed Jordy had already responded to you90

This post has been edited by MUM: Sep 28 2019, 02:11 PM

not all banks can do that right ? currently, is maybank is the only option?

I think Maybank is NOT the only option to do EPF self contribution thru online banking.
could you tell what bank do you want to use to do online banking to do EPF self contribution?
your info will provide the opportunity to forummers that had used that bank to do EPF self contribution to provides they responses.

Hmm, OCBC Bank ?