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 EPF - self contribution, need advise

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wjchay
post Sep 2 2019, 12:03 AM

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Hi, anyone can share how does EPF calculates dividend, eg daily interest or based on certain date?

Should I deposit self contribution anyday, month end, or end of the year? Will there be a scenario where the funds I deposit into EPF sitting idle for few days or months and not counted for dividend?

Thanks.
wjchay
post Mar 7 2020, 02:34 PM

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M2U (MBB) -> EPF rm20k 1 transaction is doable. Maybe need to set daily transaction threshold in MBB.
wjchay
post Nov 18 2020, 12:37 PM

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QUOTE(thesoothsayer @ Nov 18 2020, 01:11 PM)
Anyone knows what happens if put over 60k into the self-contribution account? Money seems to be stuck somewhere, but haven't been able to reach EPF yet.

Edit: lyc1982, saw you were in the same situation. Which form did you use? Thanks.
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If last transaction exceeds the threshold, EPF will contact you to refund the last transaction amount, regardless how much extra. It's a manual process, it will take time.
wjchay
post Jul 25 2021, 09:28 PM

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Is there a max % for employee contribution? 20-25% ok?

 

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