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 EPF DIVIDEND, EPF

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mmweric
post Jan 26 2020, 01:10 PM

Getting Started
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Junior Member
156 posts

Joined: Jan 2020
around 5.5 I think
mmweric
post Nov 7 2020, 07:55 PM

Getting Started
**
Junior Member
156 posts

Joined: Jan 2020
QUOTE(TheEquatorian @ Nov 5 2020, 04:45 PM)
What kind of impact will a mass withdrawal of EPF have to the fund? The discussion now with Account 1 withdrawal seems to be related to B40 members but would there be more volatility in returns with a mass withdrawal?

Previous changes have usually dealt with lowering new deposits amounts from salary/employer so the impact was insignificant. But now it is withdrawals of existing funds which I presume a large group of the population wants.

Any thoughts?

Will they look into changing the lockin period to mitigate this (from 55 years)?
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I would think withdrawal would improve returns as epf has 36% in fixed income and 3% in money markets. The capital return of bonds have already been realized with the interest rate decrease. The withdrawal will come from the money market and bond portions. So end up better returns for the people who are still in.

 

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