Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

News EPF Account 3 to go live on May 11

views
     
jaycee1
post Apr 25 2024, 03:19 PM

AFK
*******
Senior Member
2,487 posts

Joined: Jul 2008


QUOTE(Sihambodoh @ Apr 25 2024, 01:40 PM)
Gomen said no to withdrawals earlier but actually allowing more to be withdrawn. Past ones max 60k iinm.

Now if you have 300k in your account 2,.you can withdraw 100k to spend on anything you like.

Kekwa. Then 2025 can claim economic growth under mafani, funded by people's retirement money.
*
I think if you have 300k or more in ACC2, you probably don't need the 100k in ACC3. You either already did pretty good for yourself to have additional savings and liquidity somewhere else or are already close to retirement.


To me ACC3 is pretty much useless unless maybe a quick way to get funds lets say for a medical emergency. But we all know what people will spend ACC3 monies on.

This post has been edited by jaycee1: Apr 25 2024, 03:20 PM

 

Change to:
| Lo-Fi Version
0.0141sec    1.02    6 queries    GZIP Disabled
Time is now: 18th December 2025 - 12:09 PM