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 Contribute more than 100k in EPF, Maximum contribution in EPF

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Natsukashii
post Jun 29 2023, 10:47 AM

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Total salary for mandatory contribution for RM350k per month. Make sure tax is declared and paid accordingly.

You will contribute under employee 38500.00
You will contribute under employer 45500.00
Total 84000.00 contribution per month

x12 = RM 1,008,000 per year through employment

Can double confirm with EPF themselves, I have no high experience.. I'm B40, but I've worked in payroll so I know a bit on EPF contribution through salary.

This post has been edited by Natsukashii: Jun 29 2023, 10:49 AM

 

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