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 EPF - self contribution, need advise

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mavistan89
post Jul 16 2019, 09:26 PM

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QUOTE(zapster79 @ Jul 16 2019, 08:16 AM)
If you have more than RM1 million in your EPF, you can withdraw the excess.
http://www.kwsp.gov.my/member/withdrawals/...rm1mill-savings
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I read the excess amount can withdraw anytime. However, does is restricted to account 2 only?
Let say I have 1.5m.
In 70:30
1.05m and 0.45m

Meaning I can withdraw 500k or 450k?
mavistan89
post Jul 17 2019, 11:36 AM

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Thanks neverfap and zapster.

One more question, can I know how to make contribution into epf? I'm using cimb but couldn't find it. And is it we need to contribute under self contribution? I just wan to put inside like normal epf..not those what unit trust what fund
mavistan89
post Jul 18 2019, 10:03 PM

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Some told me that a salaried employee unable to contribute, is that true because I never try it.

My friends who contributed are housewife and businessman..but I'm just a normal employee, can i contribute up to 60k like those self employed and enjoy dividend as usual?
mavistan89
post Jul 19 2019, 10:09 AM

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I checked EPF website. It stated for salaried person can only increase the contribution %, please advise. Thanks
mavistan89
post Jul 19 2019, 03:57 PM

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Can I know is there anyway to contribute without public bank online banking, I dont have pbb account.
I have cimb, hlb and rhb. Cimb has the option to transfer to epf but didn't state that it is self contribution, and I cant find any option to change the limit, it stated max rm5000.

Is that 60k additional savings into epf will earn dividends as usual?
mavistan89
post Jan 3 2020, 06:12 PM

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QUOTE(yklooi @ Jan 3 2020, 12:27 PM)
if the self contribution this month (Jan 2020) can only be seen in the new statement for 2020 after dividend is released.

so will the deduction of employees contribution and contribution from their companies in Jan 2020, will also only be seen in the new statement for 2020 after dividend is released?

anyone kind enough to check and update this 2 weeks later (usually companies will submit before 15 of the month?)

I cannot check as I have not contribution.
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Yes, the self contribution and deduction for January2020 will only be seen after dividend is released.
mavistan89
post Jan 5 2021, 10:17 AM

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QUOTE(romuluz777 @ Jan 5 2021, 02:28 AM)
I checked i-akaun last evening, it was credited already.
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A silly question. Last year I checked through "withdrawal eligibility", last weekend I saw that but now the section disappeared. How do you check?
mavistan89
post Jan 5 2021, 10:18 AM

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QUOTE(romuluz777 @ Jan 2 2021, 03:08 PM)
Its approx 100 bucks, give or take.
Just let it be lah

I hv just transferred online to EPF just now.
You need to uprate the max limit for the payment feature in the internet banking, so that 60K can lepas one shot.
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What bank do you use? 2020 and 2019 i used 1 hour to transfer 12 split transaction of 5k each
mavistan89
post Jan 5 2021, 01:12 PM

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QUOTE(Cookie101 @ Jan 5 2021, 12:12 PM)
Tiger can do one shot max.
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Last year I can't find the transfer to kwsp option. Maybe overlook. Ok I try tiger next week
mavistan89
post Jan 5 2021, 03:15 PM

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How to check before feb 2021 whether amount credited?
mavistan89
post Jan 5 2021, 04:32 PM

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QUOTE(romuluz777 @ Jan 5 2021, 04:14 PM)
Login to the KWSP website, check the new balance under Withdrawal Eligibility. This tab does not appear under the i-akaun app on the smartphone, for some unknown reason.
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2 days ago I checked and it was there the entire section. And today it disappeared
mavistan89
post Jan 8 2021, 12:50 AM

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QUOTE(Cookie101 @ Jan 7 2021, 02:27 PM)
Just so u don’t jump 2 days later it’s not there.

Whatever input / add on won’t be reflected until the dividend announcement and crediting.
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Can check through indirect way
mavistan89
post Jan 8 2021, 10:15 AM

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Log in to your kwsp account and go to your withdrawal eligibility tab. You will see there will be an update inside
mavistan89
post Oct 26 2022, 12:16 AM

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If implement tier dividend. I immediately withdraw all money
mavistan89
post Jan 10 2023, 01:23 AM

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Anyone here tried to transfer 100k? I see the contribution stated is 60k only. What if I put 100k, the 40k excess will return to me immediately or need few days?
mavistan89
post Jan 15 2023, 08:44 PM

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Why my epf still did not reflect my contribution after 1 week...
mavistan89
post Jan 16 2023, 09:43 AM

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QUOTE(Chrono-Trigger @ Jan 16 2023, 08:22 AM)
If I remember correctly, it will only be updated once the dividend of 2022 has been declared and paid up.

Try to check for the eligibility for withdrawal section, that would reflect your total contribution.
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Yes it will reflect on withdrawal section, already waited for 1 week..pening
mavistan89
post Jan 16 2023, 03:47 PM

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Probably need to call EPF to ask for my status, usually new contribution will be reflected in 3 working days the latest.. I think only me encounter this prob this year
mavistan89
post Jan 16 2023, 09:23 PM

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QUOTE(siawyent @ Jan 16 2023, 04:47 PM)
u use which channel to transfer the new contribution?
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Use maybank2u, just called EPF, they are in the midst of rectifying, because system got issue
mavistan89
post Feb 25 2023, 02:54 AM

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The extra 40k (on top of 60k), can put in now?

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