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 kwsp withdrawal, how many times? how much?

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leongal
post Jul 7 2010, 05:19 PM

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QUOTE(vdfoo @ Jul 7 2010, 04:14 PM)
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?
*
to withdraw the second time, the first property has to be already disposed

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

 

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