EPF is allowing members to withdraw funds from Akaun Fleksibel which starts from RM0. Here's how you can transfer funds from Account 2 to 3 with KWSP i-Akaun.
) has updated their online platform and you can now transfer funds from Account 2 to Account 3 . Account 3 is created automatically for all members below 55 years old and it provides members the flexibility to withdraw at any time.After launching the KWSP i-Akaun app, you should see an updated home screen with “Akaun Fleksibel: Meet today’s goals, shape tomorrow’s dreams” banner. Click on “Learn more”.
You’ll need to click on “Accept” and then click on “Yes” to confirm your decision. Once the submission is completed, you’ll see a confirmation page with a confirmation number.Things that you should know about the one-time transfer You can’t decide how much exactly to transfer between the accounts as the percentage is determined by the EPF. As clarified by the EPF, the dividend rate for Account 3 at the moment will follow Account 2 and Account 1. This means you will still receive theMembers can withdraw funds when there’s at least RM50 in Account 3. This means if your Account 3 has RM5,000, you can choose to withdraw any amount between RM50 to RM5,000.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EPF Account Fleksibel: Here's everything to know about EPF Account 3Savings in the new EPF Akaun Fleksibel (Account 3) can be withdrawn at any time. Learn more about EPF’s upcoming 3-account structure right here.
Read more »
EPF says moving funds into Akaun Fleksibel is by choiceKUALA LUMPUR: The Employees Provident Fund (EPF) much-talked-about Account 3, known as Akaun Fleksibel was announced today and EPF’s 16.07 million mem...
Read more »
EPF confirms Account 3 named 'Fleksibel' which lets contributors withdraw anytime starting May 11KUALA LUMPUR, April 25 — The Employees' Provident Fund (EPF) announced today a restructuring of its contributors' accounts that would allow those opting in to withdraw...
Read more »
EPF says Account Fleksibel is optional; expects about RM25 bln withdrawal in first yearKUALA LUMPUR: The Employees Provident Fund’s (EPF) much-talked-about Account 3, known as Akaun Fleksibel, is optional for its 16.07 million members, s...
Read more »
EPF announces Account Restructuring Initiative, members to have Flexible Account from May 11KUALA LUMPUR: The Employee Provident Fund (EPF) today announced the EPF Account Restructuring Initiative, which will take effect on May 11, with the i...
Read more »
EPF Account 3 dividend is identical to Account 1 and 2EPF has confirmed that the dividend policy for the new Account 3 is the same as per Account 1 and Account 2. Of course, things may change in the future.
Read more »