QUOTE(kathyasir @ Dec 15 2014, 02:02 PM)
Want to withdraw Account 2.
Need bring S&P.. IC, what else ?
Also, the money they put in our account or terus Housing loan account ?
new house? or reduce current house loan?
to reduce house loan, can withdraw 100% from Account 2.
1) get official loan account statement from Bank. they will charge you a nominal fee. in my case, RM20 for OCBC. this accoutn statement is a standard format that follows EPF's format.
2) not sure still need S&P or not. but if the house is yours, just bring it along.
Bring all documents and statement account to EPF office. The whole process took about 5-10minutes. the fund from Acc 2 transferred to your housing loan account within 1 week (no cheque needed).
now i learnt, if you got cash/FDs/savings, better use them. Try not to touch EPF because the annual interest rate is averaging 6%, which is much higher than any savings/FD rate.
of course if your other investments can generate >6%, then use EPF instead.