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 EPF - self contribution, need advise

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27needles
post Apr 8 2020, 10:10 PM

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Hi guys, for self-contributors.. Is it still advisable to continue contributing to my own EPF now ?

read something above about gov is using EPF money to save employer or something like that? .. that means using our EPF money right? feel unsafe .. shocking.gif
27needles
post Apr 8 2020, 10:36 PM

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QUOTE(T231H @ Apr 8 2020, 10:22 PM)
read this to see how the RM50 billions is derived.....
see if it is EPF or contributors is using the RM50 billions....

Not right to allow RM500 monthly withdrawal from EPF, says MTUC
https://www.freemalaysiatoday.com/category/...-epf-says-mtuc/
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thank you T231H ! will read up on it smile.gif

QUOTE(GrumpyNooby @ Apr 8 2020, 10:14 PM)
whoa.. take it easy, lol. that thread is actually for dividend questions, no? that's why i decided to post here instead . thank you for noticing my previous post.. Do you have any input though?

This post has been edited by 27needles: Apr 8 2020, 10:37 PM
27needles
post Apr 8 2020, 10:47 PM

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Junior Member
221 posts

Joined: Feb 2010
QUOTE(T231H @ Apr 8 2020, 10:22 PM)
read this to see how the RM50 billions is derived.....
see if it is EPF or contributors is using the RM50 billions....

Not right to allow RM500 monthly withdrawal from EPF, says MTUC
https://www.freemalaysiatoday.com/category/...-epf-says-mtuc/
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just read it .. yes, i do know about gov allowing us contributors to withdraw until end of the year.. this i believe is fine, as it is up to us whether we need to withdraw .. But could there be any other factors that could make it unsafe for us to keep 'saving' it into EPF until old age? considering the country's situation, etc.. hmm.gif

i do appreciate your patience and comment, even if my questions are 'dumb' in any sense notworthy.gif

 

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