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 EPF - self contribution, need advise

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Wong Kit yew
post Nov 12 2019, 10:42 PM

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Junior Member
379 posts

Joined: Mar 2018
QUOTE(MUM @ Nov 12 2019, 10:30 PM)
Retirement Incentive (i-Saraan)
As a member under this incentive, you will receive a 15% government contribution (a maximum of RM250/year [Effective 1 Jan 2018]) on top of your own contributions.
*Not applicable to members that receive a fixed employer contribution.
*Government contribution is limited to members who are below age 55.

If you are self-employed, you can look into i-Saraan contribution with the government incentive of 15% by contributing RM1,667 per year until Y2022.
*
For i-saraan contributors, are they eligible for 4k tax relief annually? They are pensionable employees.

This post has been edited by Wong Kit yew: Nov 12 2019, 10:44 PM
Wong Kit yew
post Feb 13 2020, 09:38 PM

Casual
***
Junior Member
379 posts

Joined: Mar 2018
When will the 15% insentive of i-saraan be credited to the account?




 

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