Self contribution can get pelepasan cukai as well. Under premium insuran nyawa category, max 3k. This is good.

There's "new" thing in EPF Self Contribution...
Spot The difference in the picture   

Contribution made from 1st of the month will reap only 1 day of interest for that month...
Put in KDI until the last few days of the month then transfer to kwsp

you are already retired, right?

im still trying to hit 1 mil.... maybe 3 more yrs to go...100k/ yr is tough... hopefully all worth it..

those who have yet to do self contribution please read this and it might change your mind:

https://www.kwsp.gov.my/en/web/guest/w/budg...-infrastructure

Expanding the scope of annual tax relief for life insurance premiums or life takaful contributions to cover voluntary contributions to the EPF of up to RM3,000
The EPF welcomes the initiative to expand the scope of annual tax relief for life insurance premiums or life takaful contributions to cover voluntary contributions to the EPF of up to RM3,000. This initiative can be enjoyed by all workers, both in the formal or informal sector, who make voluntary contributions to the EPF. This means that a member who contributes compulsorily (tax relief up to RM4,000) and increases savings with voluntary contributions or voluntary excess or both will be able to enjoy tax relief of up to RM7,000. This effort will encourage more Malaysians to increase their retirement savings for old age.

but what makes you think you need to contribute to Account 3 by default ?
Currently : 70/30
Later: 70/20/10 ?

You can use your debit cards to self contribute too...
If you're at EPF office

Based on past years history

EPF dividend indeed 5% & above

So not to worries much...

Also remember, they have guaranteed 2.5% dividend policies in place...

If I deposit 100k this month, can I terus add another 100k in Jan 2025? Or need to wait Dec 2025 only can add more ya?

soul78

I really respect you taking risk on crypto...

It's good returns but also high risk...

But since you got back ups in EPF...

Should be less issues...

Can anyone double confirm this changes ? Unker check website still the same 1mil

anyone hold their horses due to Retirement Income Adequacy (RIA) Framework and stop contributing because u know u wont be able to hit the numbers?

Regarding withdrawals, members with savings exceeding RM1 million currently have the flexibility to withdraw and manage the excess savings. This threshold will align with the Enhanced Savings benchmark and will increase as follows:

RM1.1 million by January 1, 2026
RM1.2 million by January 1, 2027
RM1.3 million by January 1, 2028

after 2028 maybe increase again to like 1.4, 1.5, 1.6 - if continue like that nobody would really want to self contribute as it is a chasing game

If as off 2025 i have 1 million now then 2026 in order be be eligible to withdraw u again need top up 100k
so my advice is pls dont go all in as 1 year self contribute only 100k if u are around 800k better forget it
if you are at 1M maybe still possible

Can share where you see this?

so again the "taint" by Madani government is showing up in EPF...

so as not to scare everyone, it is a feature where the EPF members can still choose Full withdrawal or some kind of annuities (i mention this cos i didn't find out the full details... but the translated article said periodic).
So there is still a choice... between at 55 with withdrawal or annuities.

I thought 1 time withdrawal is 50 years old, from Account 2.

They mention a lot of things. But latest guideline that transitions to 1.1m, 1.2m, 1.3m already show how much you can withdraw every month. Now only see how much they can apply their proposal into reality without breaking any existing laws/provisions.
All 3 accounts same like monthly contribution paid by company.

The problem with the 3-tier withdrawal limit is, it shows their intention to hold our money. They'll probably have to amend existing laws to do that.