kwsp withdrawal, how many times? how much?
|
|
 Jul 7 2010, 04:14 PM, updated 16y ago
Show posts by this member only | Post
#1
|
 
Junior Member
314 posts Joined: Nov 2008 
|
hi, regarding kwsp withdrawal. i heard from different people saying different things.
my sis told me kwsp (account 2) withdrawal can only be done once for all the amount in account 2, the consequence times will be 20% remaining. while my friend told me kwsp (account 2) withdrawal can be done every 3-5 years to clear all the money in account 2 which is true? |
|
|
|
|
|
Jul 7 2010, 04:18 PM
Show posts by this member only | Post
#2
|
Senior Member
1,860 posts Joined: Sep 2006 From: KL 
|
its depends on what the purposes u wihdraw.
u can go to kwsp website and there have calculator. but if not mistaken, you need be member . Added on July 7, 2010, 4:19 pmlet take eg the acc 2 = rm24k. then your house is rm490k then acc2 can fully withdraw. and not 20%. This post has been edited by ubsacc2004: Jul 7 2010, 04:19 PM |
|
|
Jul 7 2010, 04:19 PM
Show posts by this member only | Post
#3
|
|
Junior Member
65 posts Joined: Feb 2009
|
Why not check directly with EPF? Just a phone call.
|
|
|
Jul 7 2010, 04:20 PM
Show posts by this member only | Post
#4
|
|
Senior Member
1,860 posts Joined: Sep 2006 From: KL
|
haha good idea.but can check from website.got calculator.
|
|
|
Jul 7 2010, 05:19 PM
Show posts by this member only | Post
#5
|
Senior Member
3,188 posts Joined: Jul 2007 From: A place called "home" 
|
QUOTE(vdfoo @ Jul 7 2010, 04:14 PM) hi, regarding kwsp withdrawal. i heard from different people saying different things. to withdraw the second time, the first property has to be already disposedmy sis told me kwsp (account 2) withdrawal can only be done once for all the amount in account 2, the consequence times will be 20% remaining. while my friend told me kwsp (account 2) withdrawal can be done every 3-5 years to clear all the money in account 2 which is true?  QUOTE you have made a withdrawal to purchase your first house and have sold the house or disposal of ownership has taken place and now you intend to build your second house. Proof of sale / disposal of ownership of the first house must be submitted to the EPF. http://www.kwsp.gov.my/index.php?ch=p2memb...rawtype&ac=2683 |
|
|
Jul 7 2010, 06:03 PM
Show posts by this member only | Post
#6
|
Senior Member
755 posts Joined: Jan 2008
|
Wasn't there the option to do monthly withdrawal to help in paying the house installment?
|
|
|
Jul 7 2010, 10:54 PM
Show posts by this member only | Post
#7
|
|
Senior Member
1,450 posts Joined: Oct 2008
|
can withdraw every year to reduce loan, if there is any balance in the ACC 2
|
| Change to: |  0.0153sec
 0.96
 5 queries
 GZIP Disabled
Time is now: 22nd December 2025 - 11:17 PM |
Quote