EPF Account 3 coming really soon!

[cmccallwx]

@karubin Wait when account 3 starts will it be 0 or divided between 1/2?

 

[nc6041]

@cmccallwx You can check doduit Instagram. She shared the info on it.

 

[zainonechia]

@eeevie does anybody know if i can self contribute into account 3 and treat it like a high yield savings account with no lock in?

 

[christianthatneedsyou]

@zainonechia Can self contribute but that contribution will be disbursed accordingly to account 1, 2 and 3. So if you self contribute 1000, 750 will go to account 1, 150 will go to account 2 and 100 will go to account 3. Cannot just contribute to account 3 sadly

 

[zainonechia]

@christianthatneedsyou bummer.

 

[eeevie]

@zainonechia I don’t think KWSP will ever be so stupid/generous to offer that. Not even banks give such flexibility of going in and out while providing 5.5% on average. Everyone will abuse Acc3 to the max

 

[ohsosoveriegn]

@zainonechia This is what I’m hoping for too. Would be the best FD rates

 

[dw4559]

@eeevie How much interest will be in Account 3? Really need to knoe

 

[amrie]

@dw4559 For the near future, it will be the same across all 3 Accounts. They might or might not change it in the future.

 

[chippero]

@eeevie Members can transfer their savings as follows:
i. Akaun Fleksibel to Akaun Sejahtera
i. Akaun Fleksibel to Akaun Persaraan
iii. Akaun Sejahtera to Akaun Persaraan

Savings can only be transferred in one direction and cannot be reversed back into the original account. There is no limit on the amount that can be transferred between accounts.

 

[aryamehr]

@eeevie Is it a good move to take out money from Acc 3 every month to topup credit card payment? For those who are carrying balance.