PETALING JAYA: The Employees Provident Fund’s (EPF) introduction of Account 3 has divided many over the new financial decision they have to make in the coming months.
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PETALING JAYA: The Employees Provident Fund (EPF) has launched Account 3 with members given a one-time opt-in option to transfer funds from their Account 2 to the newly launched "Akaun Fleksibel".
PETALING JAYA: Employees Provident Fund (EPF) members can make withdrawals of a minimum amount of RM50 from Account 3 or "Akaun Fleksibel" at any time for any purpose.
PETALING JAYA: While some contributors laud the EPF's initiative for Account 3 to allow them the flexibility to withdraw funds, others are determined not to touch their savings.