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News EPF Account 3 to go live on May 11

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RegentCid
post 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
RegentCid
post 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

RegentCid
post 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
RegentCid
post Apr 25 2024, 03:49 PM

グローバル防衛構想
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Senior Member
4,060 posts

Joined: Dec 2007
From: クアラルンプール > 日本


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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