Agree boss. My investment loss 50% during covid, event after 4 years still at-24%. Should have invested extra money in EPF. Would have gain few thousand instead of 30k loss. 

Diversification is the main key....

You can have high risk investment portfolio in your hand... But somehow you also need certain percentage of "safe investment assets"... The percentage is individual choice... Can be 10% up to 40%... Or even higher (depends on age profile - those older better don't take much risk & lose your retirement $$$)....

Made a content for those who may need it, a tutorial on how to apply for the restructuring!

https://youtu.be/g87C7IFwN3E?si=pWc68fLkTAoyP7U-

Thank you for your compliment! It means a lot!

I strive to be a credible channel. If I ever get sponsored someday
will definitely put it at the start of my video 😆

Great suggestion, will note that down to my list! Thanks!

I thought this guy has a bad rep...stealing info from the forum and claiming his own among other things.

Not from my side.

But then again I am trying to understand why would anyone opt out of account 3? It gives the same dividend rates and more flexibility, basically  sounds like a High yield savings account.Let me know your thoughts!

But there's also some so called T20 would still withdraw their account 3, to be invested elsewhere... And get higher returns 😋

Even If I am T20 I will still transfer out my money for 2 reasons
1. Put back as self contribution RM3k for income tax relief.
2. Put 3k into PRS
3. Hold as little ringgit as possible

Option 1 and 2 helps me to minimise use of my own money to maximise income tax relief while using EPF money.

The way Singapore do it is good for idiots. But not good for financially savvy people. I would rather it be like Malaysia. Idiots die, not my problem.

Cpf return rate much lower than EPF.

got cap, need to strategize when negotiate salary with employer.
cap is increase next few years also

hi, i think i have topped up 100k this year to epf. but just now the app says i can still topup another 30k? new limit? tq

yesterday reach 100k. just now tried 1k ok. dont know will.kena penalty or not. 🤐

I would think so... my acct 2 (and acct 3also) are both at 0 already... can still take out.

99.9% sure that as long as sum of acct 1 + 2 + 3 is above 1 million, can take out...

Yes, and Acct 3 will be emptied first followed by Acct 2 and then Acct 1.
Minimum overall balance needs to be 1M.

Can deposit till 75yo 👌

And earned dividend till 100yo

Withdrawal also anytime

some people really good at confusing newbies...

let me explain in simple form...

Age 14 - 55 contribution = You can withdraw ALL balance on your 55 birthday (No more Account 1, 2 & 3 shit anymore). Called Account 55

Age 55 - 60 Contribution = You can withdraw only after your 60 Birthday (Account Emas)

i dont think its confusing, its those people who have comprehension issue instead 

For the highlighted,
When they started to introduce this Emas account in Jan 2017, .... this were their rational. (Simplified in infographic)

https://www.kwsp.gov.my/ms/w/no-change-to-a...e-60-withdrawal

Because lots of Malaysians are kaki maximum EPF withdrawal and many cases, after 55 withdraw all, either finished spending within a few years or kena scam by TriumpFX 😆.

Eventually this age will be pushed further to 60/65 for full withdrawal/Emas eventually.

What ever you hv accumulated upon reaching 55, will be converted to account 55, you can take out all in account 55, upon reached 55.
What ever you had accumulated in Emas account can only be taken out upon reached 60.

And you don't have to take all your acct 55. You can treat it almost as ATM while still enjoy the dividend until 100 yrs old.

As for Acct 60, think of it as 5yrs bond/FD when you are 55-60 yrs old.

Actually your last 5 yrs of 55-60 technically is your peak earning and should be sizeable earning even only 5 yrs. Say you earning 22k a month at 55 at 23% contribution, you would accumulate 340++K ..... that more than what majority of the members % that have less than 250k that always published by epf etc.

I think maybe because he is also have the worry like me, the money will be locked there at until 60 years old, but got clarification that regardless of the age, as long as >1M, then the amount above the threshold can be withraw

Imo, if have 2 million in epf, your worries will be different. Not about access as this fact can be demonstrated very easily by doing withdrawals abv 1 million.
I can definitely confirm that above 1 million, u can access and no questions asked

spot on 

if one have 2mil in epf, their risks, worries & investment strategies is different from those commoner B40 M20