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 EPF - self contribution, need advise

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poweredbydiscuz
post Sep 13 2024, 02:09 PM

 
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QUOTE(Omgf @ Sep 13 2024, 02:02 PM)
Got the JPN Maklumat Kandungan CIP paper only.
But macam for traveling purpose?
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Not sure about that but should be ok i guess. Bring that paper to EPF counter along with IC and bank statement to activate online/app withdrawal.

But better confirm with EPF live chat agent online first before going.

This post has been edited by poweredbydiscuz: Sep 13 2024, 02:11 PM
poweredbydiscuz
post Oct 1 2024, 09:16 AM

 
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QUOTE(MGM @ Oct 1 2024, 09:07 AM)
And if u r contributing EPF from employment can request company to max their contribution instead of 13%. This is on top of the 100k self contribution. U can then use your cash for expenses.
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QUOTE(Prometric @ Oct 1 2024, 09:13 AM)
Yea i think my employer contribution is already at max
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Not employer contribution, but employee contribution.
poweredbydiscuz
post Oct 21 2024, 03:52 PM

 
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QUOTE(langstrasse @ Oct 21 2024, 03:14 PM)
Hi all
Can retirees (age 70+) self contribute to EPF and withdraw at any time?
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Self-contribute only for below 75 y/o.

Withdraw anytime.

Dividend given until 100 y/o.
poweredbydiscuz
post Oct 21 2024, 05:01 PM

 
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QUOTE(langstrasse @ Oct 21 2024, 04:50 PM)
Thanks a lot I found this on the EPF website but couldn’t find the part about interest paid until age 100. If it’s possible to share the link on this I’d really appreciate it!

https://www.kwsp.gov.my/en/member/savings/self-contribution
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https://www.kwsp.gov.my/en/w/clarification-...ividend-payment
poweredbydiscuz
post Nov 4 2024, 09:13 AM

 
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QUOTE(leanman @ Nov 4 2024, 09:05 AM)
why not end of December, at least you will get full 12 months
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why not end of November, you will get 12 + 1 month.
poweredbydiscuz
post Nov 6 2024, 07:40 PM

 
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QUOTE(GravityFi3ld @ Nov 6 2024, 05:08 PM)
neat! thank you for explaining, appreciate it  notworthy.gif  notworthy.gif

oh man, my math is not mathing  sweat.gif Are the $242 (11%) and $286 (13%) derived from 2,200(or 2,220?), which in turn is derived from the base wage 2,000 + 220?  sweat.gif

but generally get the gist of it tho, thanks again  notworthy.gif
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From RM2194 in his example.

x + 13% of x = RM2480
x = ~RM2194

This post has been edited by poweredbydiscuz: Nov 6 2024, 08:05 PM
poweredbydiscuz
post Nov 29 2024, 01:22 PM

 
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QUOTE(ky118 @ Nov 29 2024, 01:11 PM)
Is the above true?

According to EPF, the interest is calculated on daily basis so you will not lose one month of interest. Once the top up amount appear in your EPF account, the interest will start to count from that day onwards.
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The bolded part is wrong.

You will only get one day interest for the month of contribution.
poweredbydiscuz
post Nov 29 2024, 01:28 PM

 
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QUOTE(ky118 @ Nov 29 2024, 01:25 PM)
I went to EPF and was given the information by the counter staff.
May I know your source of information?
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https://www.kwsp.gov.my/en/member/overview/benefits

EPF Dividend FAQ no. 8.
poweredbydiscuz
post Jan 3 2025, 10:19 AM

 
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QUOTE(touristking @ Jan 3 2025, 10:11 AM)
The maximum is RM 100K, right? I saw many post saying it is RM 60K
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Last time 60k, then increased to 100k since last year.
poweredbydiscuz
post Feb 7 2025, 08:39 AM

 
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QUOTE(Singh_Kalan @ Feb 7 2025, 08:37 AM)
I sense that EPF is strictening the withdrawal rule gradually.  The 1 million withdrawal threshold is being gradually increased to 1.3 milion in 2028.  Worry the full withdrawal age of 55 may also be increase soon
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Just a matter of time.
poweredbydiscuz
post Feb 24 2025, 01:47 PM

 
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Better make self-contribution earlier for this month in case the portal suddenly goes "under maintenance".
poweredbydiscuz
post Mar 21 2025, 08:29 AM

 
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QUOTE(MUM @ Mar 21 2025, 08:18 AM)
I read a few forumers posted they did that, but not 100% of salary as some % of their salaries are required for mandatory deduction, like socso, eis, pcb, kwsp, etc etc.

If I can remembered it correctly, I think they did it to about 60-80% of their salary
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After deduct everything means 100% net salary lo.
poweredbydiscuz
post Apr 22 2025, 10:54 AM

 
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QUOTE(romuluz777 @ Apr 22 2025, 10:50 AM)
Just transferred 1K from Acct 3 to Acc1, its almost instantaneous.
So far so good.
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Just curious, why transfer to Acc 1 instead of Acc 2?
poweredbydiscuz
post Apr 22 2025, 11:09 AM

 
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QUOTE(romuluz777 @ Apr 22 2025, 11:00 AM)
Doesn't make a difference to me, as I can access the funds due to the >RM1.1m balance.
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Withdraws will deplete the Acc 2 first tho.

Unless the Acc 1 alone is already >RM1m then yeah there's no difference.
poweredbydiscuz
post Sep 26 2025, 08:55 AM

 
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Doing self contribution just now and saw this new auto tambah feature in the app.

user posted image

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