Hi guys. If I have a joint purchase with my partner(not married), any issue with the withdrawal?

As far I understand, is only for legally married couples.

i’m planning to withdraw to settle down payment

dividend for 2022 is not out yet. will i be eligible for the dividends based on my entire 2022 savings? or dividend will be paid out based on the 2022 total minus the downpayment amount? or will i even be eligible for dividend at all for 2022?

This post has been edited by elm0001: Feb 2 2023, 06:04 PM

Dividends are calculated based on your daily aggregate balance as of end of the year. So 2022 dividends are calculated based on balances of the year 2022.

Any withdrawal you make now will affect your 2023 dividends (paid on early 2024) and will not affect your 2022 dividends. Your 2022 dividends will still be paid out even if you empty out your akaun 2.

This post has been edited by DragonReine: Feb 6 2023, 04:38 PM

thanks for the info! appreciate it

so even if i’ve emptied out acc 2 now, and accumulated some amount from salary in 2023, i still won’t be eligible for the dividend for 2023?

🤔 I'm not sure if this is what you mean (I haven't had my morning coffee), but withdrawal doesn't mean you're "ineligible" for dividends. It simply means you have less as your daily average is less. The only way to get 0 dividends is if your account(s) has had 0 balance for all days of the year. If even one day has a single ringgit, that ringgit with give a dividend (even if miniscule).

The dividends paid in 2023 is for the balance of year 2022. Your withdrawal for this year will affect the dividends paid in the beginning of 2024.

ya this is what i was referring to 😅 so as long as the acc has money, i’ll still be eligible for dividends even though i’ve had history of withdrawing / emptying out the acc..

got it, thanks!!

Hi, may I know for the SPA doc required in the withdrawal doc, do I only need to share the photocopied of the cover page or entire SPA?

entire + CTC

hello sifus, my 1st property i made withdrawal from "housing loan monthly instalment" during mco and it is still around. i bought 2nd unit later and i intend to withdraw from my acc 2 to fund renovation with "buy house" option.

i knew that one of the condition "Never made a Housing Withdrawal/have made a Housing Withdrawal before but have sold/disposed of the property" applied so is there anyone able to withdraw their acc2 in similar situation to mine ?

Can i just photocopy the CTC version? or i need to photocopy the original & get someone to cerfify it?

Are you apply for first time?

Few years ago when I apply for it(monthly home installment), they will require me to go bank, request the SPA "mention to counter say for EPF withdrawal"
Then pay the fee to bank and after 1-2 weeks they will ask u to pickup the said document from the branch u go

Then u just handover the document and also the printed EPF withdrawal form to EPF counter

But this is many years ago. Since 5-6 years ago, I have been submitting the request via kwsp website only. KWSP will notify the bank and they will deal on their own. Normally approved within 1 week. No need go bank or KWSP branch already. I'm not sure how first time applicants or withdrawal to buy/build home works.

oooo. yup this is my first time.

need to apply manually coz my bank is not listed in the ewithdrawal site.

u need the copy submitted to have the original signed CTC

as in u photostat one copy, give lawyer chop ctc , then submit that copy.

hey, trust you already did your withdrawal?

did you have to make an appointment to epf branch or walk in? my bank is also not listed under the online withdrawal list so have to visit the branch

Applied online withdrawal to pay installment and received sms to go epf branch for fingerprinting. What other documents to bring other than nric?

I got one question, since the money masuk bank account kan, what happens if we end up not using that money to pay housing loan?

Hello did you just did thumbprint only? Any documents?

apply online then go thumbprint. that's it.

Any office will have this service? Im wondering plaza sentral branch have this kind of service