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News EPF Account 3 to go live on May 11

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jojolicia
post Apr 25 2024, 12:55 PM

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QUOTE(poweredbydiscuz @ Apr 25 2024, 12:50 PM)
Why opt out? It didn't mention different dividend rate.
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Yes, it was mentioned Acc 3 will not be paid same dividend as Acc 1 & 2.

A very low dividen for acc 3

This post has been edited by jojolicia: Apr 25 2024, 12:56 PM
TSxpole
post Apr 25 2024, 12:55 PM

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QUOTE(Jasonist @ Apr 25 2024, 12:41 PM)
so can get money onot.. niamah so many mcm2
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Yes u can. Starting 12 may can apply to move 10/30 of your Akaun 2 to akaun 3
yhtan
post Apr 25 2024, 12:56 PM

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if dividend is same across for all 3 accounts then i'm ok with it. But for those withdrawing account 2 for housing purpose better think twice, they shrink from 30% withdrawable amount to 25% of it.
trevorgoh
post Apr 25 2024, 12:57 PM

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What about voluntary contribution? Will it be automatically allocated following the 75-15-10 proportion also? Can the voluntary contribution be put 100% into account 3?
poweredbydiscuz
post Apr 25 2024, 12:58 PM

 
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QUOTE(jojolicia @ Apr 25 2024, 12:55 PM)
Yes, it was mentioned Acc 3 will not be paid same dividend as Acc 1 & 2.

A very low dividen for acc 3
*
Please share official sos.
vez
post Apr 25 2024, 12:59 PM

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QUOTE(jojolicia @ Apr 25 2024, 12:55 PM)
Yes, it was mentioned Acc 3 will not be paid same dividend as Acc 1 & 2.

A very low dividen for acc 3
*
sos please
jojolicia
post Apr 25 2024, 12:59 PM

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QUOTE(yhtan @ Apr 25 2024, 12:56 PM)
if dividend is same across for all 3 accounts then i'm ok with it. But for those withdrawing account 2 for housing purpose better think twice, they shrink from 30% withdrawable amount to 25% of it.
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It was announced dividen will not be the same across the 3 accounts. Acc 1&2 same but surely not acc 3.
ye0073
post Apr 25 2024, 12:59 PM

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So if got 100,000 at account 2

• 100,000 x 10/30 = 33,333 to account 3
• 100,000 x 5/30 = 16,667 to account 1
• 100,000 x 15/30 = 50,000 remain in account 2
jojolicia
post Apr 25 2024, 01:00 PM

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QUOTE(vez @ Apr 25 2024, 12:59 PM)
sos please
*
Wait, I find the old article again
nelson969
post Apr 25 2024, 01:01 PM

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here the sos, smh boomer / gen z / alpha

kekw
Capt. Marble
post Apr 25 2024, 01:01 PM

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So ifon sales naik again ar after this?
Lembu Goreng
post Apr 25 2024, 01:02 PM

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QUOTE(jojolicia @ Apr 25 2024, 12:59 PM)
It was announced dividen will not be the same across the 3 accounts. Acc 1&2 same but surely not acc 3.
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It was never announced, but it was speculated though

poweredbydiscuz
post Apr 25 2024, 01:03 PM

 
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QUOTE(nelson969 @ Apr 25 2024, 01:01 PM)
user posted image

here the sos, smh boomer / gen z / alpha

kekw
*
No wonder so many bodo kena scammed. They believe everything posted online is true. Kekwa.
SUSSihambodoh
post Apr 25 2024, 01:03 PM

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Inflation will go up in Q4 2024 this year. Businesses will be doing great until the money is fully used, then there will be calls to allow more withdrawals.

Stupid gomen.
ye0073
post Apr 25 2024, 01:04 PM

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For those who wants to opt out, can withdraw the money from account 3, and put it back thru self-contribution and enjoy tax relief of 7K.

user posted image
rickyro
post Apr 25 2024, 01:05 PM

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QUOTE(ye0073 @ Apr 25 2024, 01:04 PM)
For those who wants to opt out, can withdraw the money from account 3, and put it back thru self-contribution and enjoy tax relief of 7K.

user posted image
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Dang.. then that thins out the 100k limit per year
poweredbydiscuz
post Apr 25 2024, 01:07 PM

 
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QUOTE(rickyro @ Apr 25 2024, 01:05 PM)
Dang.. then that thins out the 100k limit per year
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Worth it la. Immediately gain 20%+ of relief wo.

This post has been edited by poweredbydiscuz: Apr 25 2024, 01:08 PM
coyouth
post Apr 25 2024, 01:07 PM

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QUOTE(rickyro @ Apr 25 2024, 01:05 PM)
Dang.. then that thins out the 100k limit per year
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Self contribution, they divide between 3 accounts again. No difference.
yhtan
post Apr 25 2024, 01:09 PM

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QUOTE(jojolicia @ Apr 25 2024, 12:59 PM)
It was announced dividen will not be the same across the 3 accounts. Acc 1&2 same but surely not acc 3.
*
any official source for this?

QUOTE(nelson969 @ Apr 25 2024, 01:01 PM)
user posted image

here the sos, smh boomer / gen z / alpha

kekw
*
kekwa, ini speculation
jojolicia
post Apr 25 2024, 01:09 PM

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QUOTE(vez @ Apr 25 2024, 12:59 PM)
sos please
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https://www.nst.com.my/business/economy/202...opt-out-options

Read 4th last para

"The New Straits Times recently reported that members who opt not to withdraw from Account 3 might receive a significantly lower "token" payout compared to the dividends for Accounts 1 and 2"

Surely you don't get same dividen for an account akin a normal saving account.

This post has been edited by jojolicia: Apr 25 2024, 01:10 PM

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