I got question want to ask about using EPF purchase public mutual fund.
I know there is a formula to calculate how much can be invest by using EPF Account 1.
Let say after the formula calculation. they took a portion of the money from EPF Account 1.
For example,
age 30
EPF RM50k
Acc1 RM35k
Acc2 RM15k
RM35k - RM18k = RM17k
RM17k x 20% = RM3.4k
Eligibility to invest is RM3.4k
So, after minus the RM3.4k
Answer A:
my EPF become RM46.6k
Acc1 RM32.62k
Acc2 RM13.98k
Answer B:
my EPF become RM46.6k
Acc1 RM31.6k
Acc2 RM15k
May I know after deduct the RM3.4k for investment, my EPF Account 1 and Account 2 money would be Answer A or Answer B ?
Thanks.
Oct 5 2012, 03:26 PM
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