https://www.thestar.com.my/opinion/letters/...pf-contributors

# abolish the 75 yo age limitations for EPF contribution

# Malaysia aging nation, long life for majority

# senior citizens have been target of scammers... EPF security is the best so far... Many want to contribute even after  75 yo
What's next?
Senior citizens want the self contribution limits to increase higher from current 100k per year???

Which also the dream of some in lowyat forums members 😜

EPF only recognise one day of the month you deposit in.

So if you deposit 15th Jan or deposit 30th Jan, they only count one day of interest for Jan.

So if you move your money on 15, you lost that 15 day interest from your other bank or FD.

However, if you bank in 29th, and something went wrong and EPF only reflected it in Feb, you lose entire Feb month of dividend.

So, just bank in earlier to be safe.

You know right...

Whatever deposit this March only generate 1 day interest for your contribution...

Better to deposit around 5 or 6  days before month end.... Since this month got festival holidays....

If not, 3 days sufficient enough...

Wow good job, married with how many children?

But hor, by that time at 45, you may think that, why not continue to do as usual for another 10 more years since you are still capable and happy doing it for the past 20 yrs.
New target >10 mil, so that can have better, more secured, more next higher level of lifestyles and expenses options to freely chose and sustain it when you retire after 55 instead of 45..

But, then after 55, that thinking may repeat itself but with a higher target..
Just like want 1.4mil at 36
Want 5-6mil at 45

Ha ha ha