only for amount more than a million and have registered for online account at epf counter

You mean only for balance more than Rm1 million?

Thanks!

yes...

You can take out from EPF on the following conditions:-

1. 55y

2. 50y. 1/3 can take out

3. Migrate to another country

4. Medical disable. Cannot work

5. Housing loan/downpayment/to finish loan

6. Retirement from government. (if taking EPF and not pension scheme)

7. Amount more than one million. Anytime can withdraw. but 1 million cannot withdraw. Let say u have 1.1 mill, only 100K can withdraw anytime if you want.

Hello bro, can you kindly elaborate again this point ? I'm getting mixed opinions so far. TQ

So..
E-pengeluaran for withdraw online amount more than one million...
If withdraw over counter application....can withdraw 1.1 million...right?

Nope. Even counter also need to have minimum 1 million in your total account. Unless you above 55 years of age.

1 million cannot withdraw online or at the kaunter unless you reach 55y

Duly Noted...
Can't wait to get it...

Thanks

At least PH is governing with reality after 60 years of delusional governance by crooks

Ok more question..
Any benefit if I leave a small amount there like 1k?

Death benefit....etc?

If i'm not mistaken, with 1.1mil you can only take out 50k. You need to have 1.05mil in your account.

edit : oops looking at the pic, i guess i was wrong.

This post has been edited by afif737: May 3 2020, 06:17 PM

now only i million... EPF revised.

My advise if don't need, just keep it, your contribution per month and compounded dividen will increase the amount when reach 55y. Unless no choice...

dunno la bang.. Need to call and check with them

Ok..thanks again.

I have posted a few replies in other threads that I do not touch my EPF money, not a single sen, ever. I'm a strong believer in that actually haha.

power of compounding interest

yup. I dont even withdraw to unit teras

How is EPF dividend calculation? Dividend is compounded monthly or daily?

There's an article on the calculation:
https://1-million-dollar-blog.com/how-to-ca...e-epf-dividend/

For No.7, is this option in the drop-down menu of e-Pengeluaran menu of the i-akaun only available to EPF members with sufficient balance (i.e RM 1 juta and above) ?
I mean, those who hv lesser balance will not be able to see this option in the drop-down menu when selecting New Application ?