Heard that kwsp will give rm250 rite?

How do I apply for i-Saraan？
https://budget.mof.gov.my/manfaat/en/faq/is...0EPF%20Counters

Btw, there are eligibility criteria.
Check kwsp site for more details

Yes, you will receive a 15% incentive, capped at 250 ringgit.

QUOTE

Receive additional special incentive of 15% subject to a maximum of RM250 annually for members aged below 60 years old. The special incentive will be given from year 2018 until 2022.

You can register online via this link and also on their app.

Or head over to their branches for assistance in registering.

It's actually quite fast to do it online.

This post has been edited by dark_axl21: Aug 27 2022, 10:35 AM

For YouTuber is fall under which category

yes, it is very fast to do it online. can we straight deposit $ to EPF after the online registration or will need to wait for X working days for the system to update all the information accordingly?

It's instant from what a remember.
And when you do a FPX transaction via the app, the amount should only show up in 3 business days.

The government incentive of RM 250 is for first deposit only or subsequent contribution will get the incentive as well?

Per deposit, per calendar year....
15% of your i saraan deposits, maxed to rm250 this year and rm300 from next year as per yesterday's proposed budget item

Receive additional special incentive of 15% subject to a maximum of RM250 annually for members aged below 60 years old.
............
https://www.kwsp.gov.my/member/contribution/i-saraan

This post has been edited by MUM: Oct 8 2022, 03:01 PM

Unfortunately... seems like 2022 is the last year for freebies. Anyone heard any of any extension for this, like SSPN's tax relief extended?


PS: oo found it.
https://ringgitplus.com/en/blog/budget-2023...tributions.html



This post has been edited by wongmunkeong: Oct 8 2022, 07:01 PM

If you have a steady income and a job, you are not elligible. Only variable income jobs like freelance worker and even online seller are elligible. Read the website for more details.

This post has been edited by CommodoreAmiga: Oct 10 2022, 09:29 AM

Hi, may I know is there a period or timeframe for the incentive to be deposited?

previously some forummers mentioned,...

Qualified I saraan deposit in Jan ~ June,...incentives would be deposited in Sept /Oct same year
Qualified I saraan deposit in July ~ Dec,....incentives would be deposited in Apr/May next year