Question 1 is tricky. I always wanted to ask but don't know how to get OFFICIAL answer. Dividend will surely drop in the future. No way it's going to stay the same forever.

So my question is:
1) Is there any limits when transferring from acc3 to acc2.
2) When they do announce drop in dividen, do we have enough time to transfer EVERYTHING from acc3 to acc2. How will the dividen be counted? Average fund over the year or the balance of the month before dividen is paid or how.

For people who control their financials well, I guess the safest is still to transfer acc3 to acc2 monthly and make sure acc3 is 0 every month? They better make it possible to do this easily from the app.

There has been so many differing opinions on what to do with your money in EPF acc 3. Some say maintain the split, some say change. Some withdraw, some will keep. So after pondering on these options for some days, here are my honest thoughts:

1. Should you maintain the split of 70/30 for your existing fund or opt for initial amount transfer to Acc3?
Answer: Best option - Regardless of your financial condition or whether you plan to withdraw, just opt for initial amount transfer. This is because no matter what, the dividends are the same across all 3 accounts. In future, if epf reduce the dividend for acc3, you still can move back to the other accounts. You may have plenty of emergency funds, you swore not to touch epf money but you never know what will happen in the future. Keeping the initial funds in acc3 allows you to use it for your emergency funds.

2. Should I withdraw the money in Acc3?
Answer: This very much depends on what you PLAN to do with your money. So I break it down in questions below.

3. Should i withdraw to close my bad debts - eg. Credit card loan, personal loan, etc.
Answer: YES. As these loans have higher interest rate than epf, then you should withdraw.

4. Should i withdraw to reduce my housing loan balance?
Answer: NO. Your housing loan interest is only 4.x%, and historically epf had been giving 5-6% of dividends, so mathematically you should keep it in epf.

5. Should i withdraw to put in ASB/ASM/Tabung Haji and the likes?
Answer: NO. These funds have been giving lower returns than epf especially in the last decade.

6. Should I withdraw to put in Bursa/S&P500?
Answer: Mostly NO, YES for some cases.
Before you withdraw for this purpose, ask yourself: Do you have extra funds in FD , ASB/ASM etc? So rather than using epf money , you should be withdrawing the other funds that are giving you lower returns.
Generally, epf is a SAFE funds. Withdrawing it to use in the stock market is high risk. You could lose money if you are not careful. So unless you are a seasoned investor and is absolutely sure that you can make money, then yes you can withdraw. But, if you are that good, do you still need epf money?

7. Should i withdraw the money to buy car/overseas vacation/iphone/etc?
Answer: YES. If you need epf money to get these things, then you are hopeless. You need the latest iphone to take photo to record how much of a fool you are.

8. Should i withdraw to buy/build/renovate your house?
Answer: Yes. In fact, this is the purpose of Acc2, to allow you to do this. After all, house is an asset, which will appreciate over time. One might opt to get funds from Acc 2+3 for this purpose. Of course, as much as possible you should try to lessen the amount you plan to withdraw.

As account 1 is only accessible when one is 55 (instead of 50 for account 2), I don't like it when it's raised to 75% of contributions. Another 5% if contribution "locked" up.

Those between 50-55 are worse off than you. They already have full access to the fund in Acc2, and now their future contributions will have 5% less going into account 2.

Not too sure where you get 80% (or 80:20:0) suddenly. The split will always be 75:15:10

The only issue here is now 5/30 (5% of the 75:15:10 ratio) from account 2 will go into account 1, meaning your account 2 is lessen by 5/30 (5% of the 75:15:10 ratio) and "lock in" account 1 (cannot touch).

That's the only downside I see here with opting with initial amount transfer. For most people, this 5% is a small amount and negligible though.

If you read properly what I said, it is unsure how Acc3 is transferred to Acc 1 / Acc 2 in the future. If you can show where in EPF shows this would be great.

When Acc 3 will have different interest rate in the future, all will scramble to transfer Acc 3 to Acc 2.
Best case scenario 75:15:10 becomes 75:25:0 which I doubt will happen.

I was estimating 50% of Acc 3 will be transferred to Acc 2 and 50% will be transferred to Acc 1. If that happens, 75:15:10 will be 80:20:0 (this is my opinion but is possible. I doubt EPF will direct allow Acc 3 to Acc 2)

Just saying for those thinking no impact of initial transfer today. I will maintain no initial transfer to maintain 70:30:0 for my prior EPF saving.

Thanks to pendidikan moral subject than Finance subject.

Breakdown of my epf monies after withdrawal :

bike/car maintenance: 400
health emergency: 300
petrol backup : 200
grocery backup: 300

2 months backup
room rental: 800

2 months backup monthly
expenses: 800

phone/telco backup: 400

friend/collegue/sibling borrow money: 500

savings for new bike/car : 600
dating/etc money: 400
money give parent: 800
insurance : 200

health supplements/ some
stray cat food: 300

hutang: 2000

total rm8000 - ngam² for my epf acc3 withdrawal

*this my own list. single person. after mco, i lose all my saving. all the above list i dont have. now only spend how much i can earn. using very old bike/2nd hand phone always spoil 😞. no more dating. everyday cook own food. only buy 1mix rice, drink during hot day-rm9.

initial i thought the money can last 2 years. probably last a year only. now very regret last time lazy,  didnt study hard,properly. now stuck in low paying job. i tried  study part time, while work, but cannot cope.. 😞. see la if can get better paying job in coming months. if ur short on cash, my advice, plan very properly, bcs u shd already know what are the future expenses

I haven't been following. How much is the dividend in acc 3 compared to account 2?

By default is opt in or opt out?

Same interest, for the time being.
Opt in to what? All 3 accounts are already automatically created.

Serious question, would like to apply for withdrawal to close one of my credit card account for good. Is it better long term?

The remaining amount would be put into blue chip stock.

I understand now your point, very good point.

But to be honest I think most people would just fully withdraw their account 3 for ownself or self investing, leaving it just 75:15:0 in the end.

I think there's some misinformation here.

Regardless u opt in for the initial amount transfer from Acc2 or not, eventually your future contribution will still flow into Acc3 with this new distribution 75:15:10

Correct me if I'm wrong?

Your initial 70:30 will remain in respective accounts (if you didn't opt in)

The 75:15:10 will apply to new contributions

#1 wrong already

Dividend is same for now, epf already hint it will change in future