EPF - self contribution, need advise
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 Oct 4 2019, 10:43 AM
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#1
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Senior Member
2,656 posts Joined: Jan 2003  
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QUOTE(INTEGRITYXXXXX @ Oct 3 2019, 06:49 AM) Regarding the 60k max contribution per year: January 2020.If i contribute 60k in October this year, Do i have to wait till october 2020 to contribute another 60k or can i do it on january 2020?  |
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Mar 27 2023, 01:57 PM
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#2
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Senior Member
2,656 posts Joined: Jan 2003
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Has anyone performed voluntary contribution via KWSP App, where transaction failed in the app but funds were debited from the savings account? If yes, what's the next course of action that I can take?
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Feb 7 2025, 11:38 AM
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#3
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Senior Member
2,656 posts Joined: Jan 2003
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QUOTE(soul78 @ Feb 7 2025, 08:52 AM) Actually i got think about the below scenario... btw When is the 1st treshold increase gonna take effect?? --> 1st Jan 2026 first threshold, followed by the 100k / year until Jan 2028.once reach the 1.3mil threshold.. then they raise to 1.6mil... then when that threshold is reached they raise to 1.9mil... then during that last threshold raise, they remove lump sum withdrawal and only allow monthly dividend withdrawal upon retirement. Lump sum withdrawal only allowed once person reached 70 or upon death. btw When is the 1st treshold increase gonna take effect??.. i'm planning to take out liao all these excess funds if payout for last year does not look good. For some reason, i feel epf is not making my money working hard enough for us these days with ASB catching up on dividends, does it mean we got a lousy money manager handling our funds or something else is wrong somewhere... |
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Mar 13 2025, 05:51 PM
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#4
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Senior Member
2,656 posts Joined: Jan 2003
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virtualgayGood post and that you're talking about 1.3M which how many in the retired/near retirement band has achieved this, is a question.
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Mar 17 2025, 10:48 AM
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#5
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Senior Member
2,656 posts Joined: Jan 2003
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QUOTE(Gaia34 @ Mar 16 2025, 03:44 PM) Hi sorry to reply to an old post, what's the outcome of this? I experienced the same thing as well. You'll be refunded via where the $ come from after a few working days...Note: If not could be a successful transaction too! This post has been edited by guanteik: Mar 17 2025, 10:49 AM |
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