#Budget2023: Voluntary EPF Contribution Cap Increased To RM100,000

It's currently at RM60,000 a year.

Cover image via Malaysiakini

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Voluntary Employees Provident Fund (EPF) contribution will be increased to RM100,000 a year, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz announced while tabling the #Budget2023

Tengku Zafrul said that the move is necessary to help Malaysians with their retirement savings.

It's currently at RM60,000 a year.

Stay tuned for our overview of #Budget2023!

Image via SAYS

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