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EPF
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Stories | 01 November 2024Malaysian Woman Reveals How She Accumulated RM1.9 Million in EPF Savings by Age 35
Beyond our personal savings, the Employees Provident Fund (EPF) offers an alternative path to ensure we have adequate funds for retirement.
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Stories | 16 September 202464-Year-Old Retiree Reveals How He Spent His RM750,000 EPF Savings in Just 7 Years
A 64-year-old retiree’s experience of depleting his RM750,000 retirement savings in just seven years after leaving his managerial position sheds light on the financial challenges faced by many retirees in Malaysia.
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Nation | 28 May 2024EPF Approves RM5.52 Billion in Withdrawal Requests from Account 3 Since May 12
Nearly three million applications have been submitted to transfer an initial amount from Account 2 to Account 3, and the Employees Provident Fund (EPF) expects this number to continue rising.
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Nation | 14 May 2024Queues Form Early at EPF Buildings as Malaysians Rush to Withdraw Funds
The urgent need for daily expenses has driven many Employees' Provident Fund (EPF) members to start queuing as early as 7am at EPF offices nationwide to withdraw money through the newly introduced Account 3 (Akaun Fleksibel).
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Stories | 04 May 2024Malaysian Man Depletes Entire RM700K EPF Retirement Savings in Just 3 Years
Malaysians typically contribute a portion of their monthly income to the Employees Provident Fund (EPF) as a means of saving for retirement.
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Stories | 18 April 2024EPF Account 3 to Commence in May, Allowing Members to Withdraw Anytime
The Employees’ Provident Fund (EPF) is on the verge of disclosing details about Account 3, a novel flexible account empowering members to withdraw funds at their discretion.
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Stories | 08 March 2024Malaysian Man Aged 45 Accumulates Over RM1 Million in EPF By Commuting on Motorcycle & Job Hopping
Many of us commence our careers in our early twenties, diligently contributing fixed amounts to our retirement funds (KWSP) each month. By the time we reach our forties, it's conceivable to have accumulated five or six figures in our accounts.
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Stories | 11 November 2023Malaysian Dessert Chain, Accumulating RM150 Million in 3 Years, Allegedly Delays EPF Payments for Months
A well-known local dessert chain recently faced criticism when one of its employees exposed details about the delayed EPF payment, allegedly ongoing for several months.
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