How much of acc 2 can we withdraw when we hit 50

Partial or full.

When you reach 55..
Account 1 & 2 would be automatically combined become Account 55... You can either partial or fully withdraw the $$$

If you continue working, then the contribution afterwards are credited into Akaun Emas... Which that $$$ can only be withdraw after 60...

Just wondering can voluntary contribution of RM30,239.57 be accepted ?

Want to round the total outstanding sum to a cantik number.   

I know it can be done for asm funds, what about kwsp ?

Huhuhuh... UT can get 8%
Doubtful... Initial $$ already at loss because need to deduct the entry fee..... Would take longer time to break even & make decent profit....

So far, didn't hear anyone actually profit from UT....

And their returns also lower than EPF... Heck ASMx funds too...

Don't worry..will make lost very soon.....

Yeah... New one is rm500

But not credited yet....  Around September onward...

It's last year one I'm talking about...

Speaking of contribution, my i-saraan only gets RM300, eventhough i contributed way more. Because i contribute early in the year when the limit was still 60k and RM300 for the isaraan. Later i add anoter 5k just to test the new 100K limit can exceed 60k or not, but i didn't get additional RM200 for i-saraan because i deposit as "self contribution". So always make sure you contribute as "i-saraan" from the bank webpage.

Some mentioned on website, ...got selection to choose

And i am still waiting for EPF to transfer my withdrawal after 33 hours.

First time?

Online?

Usually they're super efficient

Sailang showhand withdraw all? Just curious.

I think you have to do somehing first to register online withdrawal? Not sure...

Yes.
Register for online withdrawal. Do a first withdrawal to activate it.
They will ask you to go to counter for verification of this withdrawal. After confirmation, you can withdraw online and get credited direct into your account after that.

I-invest link gone in new app/website?

Hopefully they rewards members that don't withdraw or have zero balance in account 3 🙏

We helping out EPF instead. So they need to help us too by giving some kind of "gifts" 😁

Any way to opt out of Acc 3 completely and just maintain status quo?

Based on NST "insider information"...

Everyone get account 3 as default....

BUT you can transfer out the $$$ to account 1 or 2 (your choice)....

Account 3 start in May with zero balance
Contribution starting May 2024 is split into 3.... No choice. Default split of 75% 15% 10% respectively

No account3 for those aged >55?

No need. They can withdraw most of their money anytime through Account 55.

because I saw from this press release
so basically its only part of it not all of Acc 2 lah

Before 1 Jan 2007, EPF had 3 accounts also..... consolidate to 2 accounts effective 2007.

Now back to 3 accounts in 11-May-2024.

back then how the splits?

each for what purposes?

Oh crap. I just go look at the penyata.. it does goes into the account 2. That means i will be affected too.. nuuuu~~

I thought it doesn't coz when i pay using Maybank2u it says epf account 1. So i thought it's 100% account 1 only -.-" before this it doesn't matter where it goes coz we are getting same rate. Now this account 3 "might" have a different rate in future. I don't like it. Sigh..

https://www.thestar.com.my/news/nation/2024...o-rm250-per-day

Withdrawal max RM250 per day? 🤣 Good also. Make it harder for them to withdraw.

For me 1 million in EPF would be enough to frugally retire.

At 5% per annum dividend, that's RM50,000 per year - or around RM4166 per month.

Hopefully my wife also has EPF, that would help.

buy car ok la...cannot use EPF..

Buy house if self stay then better use own money, dun use EPF....

But alot ppl is withraw EPF for reno.................................