(Reuters) - Shares of Dell Technologies rose 6% in premarket trading on Friday, after robust demand for its artificial intelligence-powered servers propelled the company to raise its full-year earnings and revenue forecasts.
PETALING JAYA: As the Aug 31 deadline approaches for Malaysians to transfer their retirement savings from the Employees Provident Fund Account 2 to Account 3 , financial experts are urging citizens to consider their options carefully.
For those who need or want access to their retirement savings, Lim said most would have made up their mind and made the transfer when EPF allowed it in May. “However, we notice that some have used the withdrawn funds for non-essential purchases, rather than addressing their pressing needs. For those certain they do not need the money in EPF Account 3, Lim suggested transferring the funds back to the more conservative Account 2 to boost returns.
"It's good for the government to not announce anything, so there's another opportunity for people to decide what's best." Office administrator Jamal Mohammad Yunus, 43, said he made the transfer in July after his daughter was hospitalised with pneumonia."I also used some money to buy her supplements. I'm thankful she is okay now and the EPF withdrawal helped," said the father of three from Shah Alam.A 38-year-old shipping company manager, who wished to be known only as Aaron, said he was still contemplating making the transfer.
Retirement Savings Deadline Account 3 Akaun Fleksibel Financial Plan Money Scripts
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