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  • RM10.78bil withdrawn from EPF Account 3 as of Sept 30, says Finance Ministry
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Tag - Account 3

02DecDecember 2, 2024

RM10.78bil withdrawn from EPF Account 3 as of Sept 30, says Finance Ministry

Stephanie Chan2024-12-02T23:53:05+08:00

KUALA LUMPUR: A total of RM10.78bil has been withdrawn from the Employees Provident Fund (EPF) Account 3 (Flexible Account) by members below 55, states the Finance Ministry. The ministry said in a parliamentary written reply on Monday (Dec 2) that the sum involved 3.86 million or 29.4 per cent of EPF members below 55, as of...

By Stephanie Chanmalaysia, NewsAccount 3, Akaun Fleksibel, Epf, MoF0 CommentsRead more...
03SepSeptember 3, 2024

Poll shows most M’sians withdrew from EPF’s Account 3 to settle outstanding debts

Stephanie Chan2024-09-03T23:13:30+08:00

PETALING JAYA: Most Malaysians who opted in for Employees Provident Fund's (EPF) Account 3 withdrew the funds to settle debts and outstanding loans, according to a poll by The Star. The online poll, which was held in the week before the last day of the opt-in on Aug 31, saw 1,300 people responded. Around 288 people (42.11%)...

By Stephanie Chanmalaysia, NewsAccount 3, Account Flexible, Akaun Fleksibel, Bills, DEBTS, Economy, Employees Provident Fund, Epf, KWSP, Loans, poll, Withdraw0 CommentsRead more...
14MayMay 14, 2024

Crowds throng EPF as Account 3 kicks in

James Lim2024-05-14T12:10:42+08:00

PETALING JAYA: Members of the public went in droves to Employees Provident Fund (EPF) offices to get more information on or opt in for Account 3 after its introduction. Under a restructuring plan that took effect on May 11, EPF accounts are split from two to three for members aged below 55. A survey by Bernama saw...

By James Limmalaysia, NewsAccount 3, Epf, Flexible Account0 CommentsRead more...
01MarMarch 1, 2024

EPF to unveil Account 3 in April: Amir Hamzah

Stephanie Chan2024-03-01T16:03:55+08:00

KUALA LUMPUR: The Employees' Provident Fund (EPF) is expected to announce the flexible account or Account 3 initiative in April, including the withdrawal mechanism and flexibility for contributors, Finance Minister II Datuk Seri Amir Hamzah Azizan said. He said Account 3 will be explained to contributors after the dividend distribution announcement this Sunday. "They (EPF) will also...

By Stephanie Chanmalaysia, NewsAccount 3, Amir Hamzah Azizan, Epf, Withdrawals0 CommentsRead more...

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