QUOTE(MUM @ May 31 2023, 09:46 PM)
Thanks for the update! finally its here! 
EPF - self contribution, need advise
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 May 31 2023, 10:18 PM
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#1
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Senior Member
3,852 posts Joined: Aug 2005  
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Jun 2 2023, 06:08 PM
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#2
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3,852 posts Joined: Aug 2005
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Im just wondering what is the reason they have a cap? Why dont they accept any amount? hmmm
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Jun 2 2023, 06:59 PM
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#3
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3,852 posts Joined: Aug 2005
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QUOTE(nexona88 @ Jun 2 2023, 06:21 PM) give chance for everyone?? hahaha, EPF is an investment house. so the more investors (public) the more they can widen their portfolio of investment. Hence its more profit for them. Only based on those profit, they share a some portion to the investors who has saved the money in EPF. End of the day its a profit for them if they have a larger sum to play around, after all its profit sharing.the self contribution don't get abused by those with deep pockets.... imagine.... one keep dumping millions into EPF yearly basis.... also EPF also needed to have some "space" on investment spread & portfolios.... if the $$$ keep flow in big numbers... they also have problems managing them all   |
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Jun 3 2023, 12:58 PM
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#4
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QUOTE(nexona88 @ Jun 2 2023, 09:53 PM) But now no more pension scheme? For those new intake?? I think it was coined back in 2020 but not officially implemented yet om the pension removal. But some department like LHDN had removed pension scheme for new hires and they pay gratuity upon retirement.All EPF.... Sustainable or not... That's the headache of KWAP 😁 Sometimes get confused with kwsp... Since both sounded the same.... Hehehehe BTW thanks all for the earlier discussion on why there is a cap on self-contribution  |
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Jun 25 2023, 12:22 PM
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#5
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3,852 posts Joined: Aug 2005
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QUOTE(BWassup @ Jun 25 2023, 11:01 AM) Some banks have lowered their online banking/fpx limits to RM30k per day, so please take note if intending to contribute more than that in one day from a single bank. Interesting. Can you set at the Account profile setting for the types of transfer you are performing at the banking site? MBB has those individual setting. |
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Dec 8 2025, 03:47 PM
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#6
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QUOTE(PJusa @ Dec 8 2025, 03:32 PM) My HR is asking questions regarding my interest in increasing my Voluntary Excess (VE) / i-Topup to 50% and told me cant be done if I already contributed 100,000 through self-contribution. This is bullshit right? I maxed 100k and my contribution rate was 14% since years already. Should be able to.I have mine at 30 something percent, with self contribution as well. Both are not related to any total contribution BenChiew liked this post
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