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Max amount that can be invested
Note: All the minimum requirements for eligibility have been compiled into this table.
|Age||Minimum eligibility amount in Account 1||Basic Savings||Min Investment Amount|
Note: The most important factors that will be taken into account are Savings in Accounts and Basic Savings.
|Member||Age||Savings in Account 1||Basic Savings (RM)||Computations: Savings in Account 1 - Basic Savings 20%||Member's Eligibility|
|A||22||4,000||8,000||Not qualified, as savings is less than the Basic Savings required.|
|B||22||9,000||8,000||(9,000 - 8,000) x 20% = RM200||Not qualified, as savings is less than the required minimum investment amount of RM1,000.|
|C||25||20,000||14,000||(20,000 - 14,000) x 20% = RM1,200||Qualified, as savings exceeds the Basic Savings and minimum limit.|
|D||40||60,000||78,000||Not qualified, as savings is less than the Basic Savings required.|
|E||45||130,000||116,000||(130,000 - 116,000) x 20% = RM2,800||Qualified, as savings exceeds the Basic Savings and minimum limit|
This calculator is intended to provide illustrative examples of how much you have contributed into your EPF account in a year and it is not to be relied on for any other purposes or decision making. The computation that you are shown serves as an approximate guide and is based on the information you provide and a variety of assumptions. Kenanga Investment Bank Berhad does not guarantee its accuracy and is not liable for the consequences derived from the usage of this computation.
Source: Kumpulan Wang Simpanan Pekerja (KWSP), February 2014.