EPF - self contribution, need advise
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 Nov 23 2023, 10:57 AM
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#1
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Senior Member
4,174 posts Joined: Dec 2008  
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QUOTE(coyouth @ Nov 23 2023, 10:17 AM) walao wei. most of you guys here are already so loaded but tiap tiap hari talking and waiting for a mere rm300 and so happy that it's in. how u think we reach our loaded stage? from RM 1 and RM 300 LA..     A dollar save is A dollar earn..!!! When you save money work for you... When you spend money working against you. this RM300 some more will be compounded in the future |
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Jan 6 2024, 10:21 PM
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#2
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Senior Member
4,174 posts Joined: Dec 2008
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[quote=gamenoob,Jan 6 2024, 02:52 PM]
 [/quote] I presume acct 55 kicks in on the 55th birthday or jan of the year? No action needed on our end? [/quote] on yr 55th birthday on the dot u can go withdraw if u want.. |
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Apr 26 2024, 12:17 PM
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#3
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(nexona88 @ Apr 26 2024, 10:28 AM) Money won't "float" longer & you get to see you deposit in EPF earlier... Don't need to wait extra 1 day (personal preference) if deposit on 29th sempat ?Dividend wise... Any day of the month.. just get 1 day interest coz my FD due date is 29th april |
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Sep 4 2024, 09:15 AM
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#4
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(MGM @ Sep 4 2024, 08:42 AM) So it is good to get a child a epf account at 14yo then deposit 3334 every year to get 500 for 10 years n by the time they start working the epf would have something like 50k? yes afterall EPF now easy to take out also |
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Dec 1 2024, 01:11 PM
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#5
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(Ayambetul @ Nov 30 2024, 01:55 PM) +1 +1First time in my life ✌️ gashout liked this post
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Feb 11 2025, 12:38 PM
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#6
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Senior Member
4,174 posts Joined: Dec 2008
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[quote=MGM,Feb 11 2025, 11:40 AM]
Can use epf statement for cc application too [/quote which bank? i mean those with no recurring income epf stmt. |
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Jun 8 2025, 01:07 PM
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#7
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(echho @ Jun 8 2025, 12:42 PM) May I ask: yes whatever contribute from age 55 onwards can only withdraw age 60Upon 55, all 3 accounts merge into account emas right? If withdraw small amount at 55, all balances migrate into account emas? Then at 56-60 and beyond still can withdraw any amount from account emas right? Only new contribution after 55 in account emas will be locked until 60 then only can withdraw? To illustrate: Age 55: 1 mil in emas - this sum can withdraw any amount anytime till decease? Age 56-60: new contribution 100k - locked until 60th birthday to withdraw? but whatever amount inside can withdraw at age 55. (day after your birthday) CommodoreAmiga and echho liked this post
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