RM10.78bil withdrawn from EPF Account 3 as of Sept 30, says Finance Ministry

Moments after authorities announced that Luigi Mangione had been arrested in the killing of UnitedHealthcare’s CEO on Dec 9, people delved into his digital trail.

KUALA LUMPUR: A total of RM10.78bil has been withdrawn from the Employees Provident Fund Account 3 by members below 55, states the Finance Ministry.

Flexible Account or Account 3 was introduced to assist EPF members in managing short-term financial needs that could negatively impact their well-being in retirement if left unmet.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in MY

EPF Mof Account 3

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.

RM10.78 Billion Withdrawn from EPF Account 3 by Members Below 55EPF Account 3 withdrawals by members under 55 total RM10.78 billion, according to the Ministry of Finance. The Flexible Account was introduced to address short-term financial needs.
Read more »

EPF dividend likely to top 6%(Reuters) - Apple is planning on launching a wall-mounted display that can control appliances, handle video conferencing and use artificial intelligence to navigate apps, Bloomberg News reported on Tuesday, citing people with knowledge of the effort.
Read more »

Prioritise Malaysians, says Dr Wee on EPF contributions for foreignersIt's reported that the term 'dinner date' has long been associated with questionable deals and unethical practices akin to escort services in Hong Kong’s entertainment industry.
Read more »

EVC now provides JPJePlate installation service, offers free RM10 JomCharge creditThe company behind JomCharge EV charging network, EVC is also now an authorised JPJePlate installer. Customers that ordered JPJePlate through EVC will receive RM10 JomCharge credits.
Read more »

Malaysians at 50: Withdraw some, all, or let your EPF savings in Akaun Sejahtera grow? Here’s EPF’s takeKUALA LUMPUR, Nov 15 — Did you know that at age 50, you can withdraw a portion of your Employees Provident Fund (EPF) savings, even though 75 per cent remains reserved for...
Read more »

Make your EPF savings go the distance: Smart tips for retirement at 55 and beyondKUALA LUMPUR, Nov 15 — Are you planning what to do with your Employees Provident Fund (EPF) savings once you gain full access at retirement or upon turning 55? At age 55, you...
Read more »