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News EPF Account 3 to go live on May 11
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RegentCid
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Apr 25 2024, 03:26 PM
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I will put some money into Acc3.....in-case something CB happen.
BTW, money from Acc3 can transfer to Acc 1 / 2 as contribution. I just put 10k in Acc3.
This post has been edited by RegentCid: Apr 25 2024, 03:27 PM
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RegentCid
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Apr 25 2024, 03:36 PM
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QUOTE(askingquestion @ Apr 25 2024, 02:30 PM) Sure or not? I thought all personal contribution is also splited up by account 1 and 2 (before account 3 is announced). Can pick which account to contribute? It will split 1/3 from your account 2 into account 3. My Account 3 after split from account 2 amount approx. Rm17k Extra 7k will contibution back into Account 2
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RegentCid
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Apr 25 2024, 03:42 PM
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QUOTE(askingquestion @ Apr 25 2024, 02:38 PM) The split is not automatic one, I thought need to apply? Starting May 12 - August 31. You can choose OPT in or no OPT in. NO OPT IN, means remain same......Account 1 & 2 ...Account 3 will remain zero forever. EPF money will remain 70% account 1 , 30% account 2. If you choose OPT In....account 3 automatic take 1/3 amount of your money from Account 2. This post has been edited by RegentCid: Apr 25 2024, 03:47 PM
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RegentCid
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Apr 25 2024, 03:49 PM
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QUOTE(spacelion @ Apr 25 2024, 02:46 PM) There should be a one button press to change distribution to 85%-15%-0% But I guess they want us to withdraw deposit as it will increase their kpi Edited This post has been edited by RegentCid: Apr 25 2024, 04:02 PM
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