Account 3 lets people withdraw their EPF savings at any time.
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Account 3 will technically function like a savings account and members can withdraw the funds at any time. Currently, the EPF savings scheme structure for members under the age of 55 consists of Account 1 and Account 2 with a percentage rate of 70% and 30%. Previous EPF withdrawal suggestions so far A few days ago, reports indicated that the government plans to refine a proposal that allows new contributors to EPF to make periodic withdrawals.
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