Tag: EPF
The RIA framework is a wake-up call for Malaysia’s retirement system
Any adjustment would need clear exemptions, phased implementation, and transparent communication to gain public acceptance.
Insufficient retirement savings: A growing concern
Many members may not fully understand how these withdrawals can affect their ability to retire comfortably. By raising awareness of the importance of financial planning, the government can encourage better saving habits and help individuals secure their financial futures.
The rise of active aging in Malaysia’s silver workforce
Many senior citizens choose to keep working because they don’t want to rely on their children or anyone else. Culturally, older generations often carry a strong sense of pride and responsibility.
Beyond the EPF dividend: A call for proactive financial management
Young professionals should maximise EPF benefits while diversifying investments by allocating 10%-20% of income to voluntary contributions and 15%-30% to other investment vehicles.
Transforming EPF accounts for financial flexibility and long-term security
While allocating 10% to Account 3 may appear modest at first glance, the long-term perspective reveals its substantial accumulative potential.
Grateful for EPF withdrawal to continue living
The Employees Provident Fund (EPF) contributors who wish to make a one-off withdrawal of up to RM10,000 may begin to apply for the facility today
Special EPF withdrawal will be paid from 20 Apr onwards in...
The Employees Provident Fund (EPF) contributors who wish to make the one-off special withdrawal may do so via http://pengeluarankhas.kwsp.gov.my or the i-Akaun mobile application from 1 April 2022 onwards
Asyraf welcomes approval for RM10,000 EPF withdrawal
The UMNO Youth Chief, Datuk Dr. Asyraf Wajdi Dusuki supported the measure taken by Prime Minister, Datuk Seri Ismail Sabri Yaakob who allowed the Employees Provident Fund (EPF) of up to RM10,000 today
Allow RM10,000 EPF withdrawal before Ramadan – Najib
Datuk Seri Najib Razak said that the best time for the government to allow the final Employees Provident Fund (EPF) withdrawal of RM10,000 is before the Ramadan month.
EPF declares dividend of 6.1% for conventional, 5.65% for syariah
The Employees Provident Fund (EPF) declared the dividend distribution of 6.1% for Conventional savings and 5.65% for Syariah savings for the financial year 2021.
