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 EPF DIVIDEND, EPF

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torres09
post Jun 27 2024, 11:32 PM

On my way
****
Junior Member
577 posts

Joined: Apr 2011


Hi guys, regarding Acc 3, is there a risk where someday EPF will give lower dividend compared to Acc 1 and 2?
Contemplating moving funds to Acc 3 since I can't think of any downside, seems like a no brainer unless I am unaware of any hidden clauses.
Thanks!
torres09
post Jun 27 2024, 11:49 PM

On my way
****
Junior Member
577 posts

Joined: Apr 2011


QUOTE(MUM @ Jun 27 2024, 11:39 PM)
Some had cautioned that, whatever you moved, only 10% will be going to account 3
*
Oh sorry my meaning was moving funds as initial Acc 3 funding from Acc 2. The one that we can do 1 time transfer before August
torres09
post Jun 28 2024, 07:07 AM

On my way
****
Junior Member
577 posts

Joined: Apr 2011


QUOTE(virtualgay @ Jun 28 2024, 01:33 AM)
2024 don't need to worry since they say same dividend
2025 and beyond high chance might get lower tier dividend compare to account 1 and 2
This give them better excuse to declare lower dividend also ma since money is easily withdrawn
*
Thanks, that's my concern too. In the event that they set this rule, is it still possible to transfer back to account 2? Or, worst case, withdraw and re-deposit as self contribution into account 1/2?
Thanks!

 

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