Bottom line: they need to be upfront what account 3 dividen going to be.

don think they so dumb

they might implement just like SSPN, nett in, if you withdraw x amount, you put in y, your nett in is y-x

speculate only, adui ini orang

Errr, the way I understand is Acc 3 will start from 0.

From now onwards u can choose what will go into Acc 3. 10/30 or 5/30 or 15/30.
And not taking whats already in Acc 2 and divided it by 10/30 or 5/30 or 15/30 and put into Acc 3.

Do correct me if my understanding is wrong.

more easier is

account 1 70k
account 2 30k

end up
account 1 75k (account 2 5/30 into here)
account 2 15k (account 2 15/30 remain)
account 3 10k (account 2 10/30 into here)

why dont they allow those with above RM1mil to opt out from Acct 3 completely?

Completely useless this Acct 3 for us

This post has been edited by Lembu Goreng: Apr 25 2024, 01:13 PM

Can transfer for 1 time option.

If by default not doing anything mean 0% allocation to acc3 Correct?

Can only change once a year? Or once a lifetime?

Between 11 May 2024 and 31 August 2024, members will have a one (1) time option to transfer part of the savings balance in their Akaun Sejahtera (previously Account 2) as an initial amount to Akaun Fleksibel. If the member does not choose to opt-in for an initial amount, no transfer will be made and the existing balance will remain in Akaun Sejahtera.

Only will touch this if I have no way out.


This post has been edited by Koranshita: Apr 25 2024, 01:17 PM

Good idea lol. Let's see how it goes after this.

IMO, if account 3 same dividend as account 1 and 2, what is the point of account 3 then?

Just make it easier to withdraw from account 2 then (like you can withdraw x% from account 2 once a year etc)

This post has been edited by askingquestion: Apr 25 2024, 01:20 PM

TLDR so far i read

>account 3 start with 0
> during May 11 2024 and August 31 2024, member can transfer money from account 2 to account 3 , if they decide no transfer ,at 1 Sep 2024, your account 3 is starting with 0
>75:15:10 contribution, do your calculation
>No impact on the EPF’s portfolio, dividend for Account 3 could differ in future
>Withdrawal amount of RM50 from account 3
>>only age 55 below, after 55 age above, account 3 and account 2 will go into account 1



my opinion

neh, make sure at 60 years old u get 800k 900k 1m in KWSP and leech of the dividend, it is susceptible all of us will live thru pass 60 until 100 or 90

not a good move, this is probably respond to ppl who withdraw money during covid-19

they doing this just to make sure ppl work until 100, no retirement like sg, hk , japan , korea , china , American

i am expecting them to push the retirement age from 60 to 70 or 63

source : https://www.malaymail.com/news/malaysia/202...rst-year/130739

This post has been edited by nelson969: Apr 25 2024, 01:20 PM

Ok time to withdraw and but in AHB or Tabung Haji.. higher dividen without need for zakat deduction

How to self contribute.. I check I macam not entitled

Correct.
Yes or No, that Acc 3 (if unwithdrawn/ untouched) dividen will the same as announced for Acc 1 & 2.

This post has been edited by jojolicia: Apr 25 2024, 01:20 PM

You do or not account 3 is fixed. 10% of the contribution will goes to account 3.

The account 2 transfer to account 3 is once a lifetime between 11 May 2024 and 31 August 2024.

Basically, giving you the carrot.... but also holding the stick.

Lucky me, already passed 55 so no Acc 3.

By your logic, what's the point of account 2 if it has same dividend as account 1? Just make it 30% of account 1 allowed to be withdraw for certain conditions.

I think not. Basically all contributors below 55 are "assigned" 3 accounts from May onwards. Only difference is that you can withdraw 10%, but as a "penalty" a 5% .... "retainer fee" goes to Akaun 1 - which you can only withdraw after 55.

the dividend across 3 accounts same or not? of acc3 will lesser?