Thursday, October 28, 2021

withdrawals

EPF withdrawals could bring economy to ‘tipping point’, say economists

They say Malaysians are stuck in a 'survival trap' where the aim is simply to weather the pandemic and its effects on the economy.

EPF’s i-Sinar to allow those under 55 to withdraw from balance

The amount withdrawn will be subject to the account balance.

EPF withdrawals going to non-emergency spending too, survey shows

Electronic gadgets and investment in gold and stocks are some of the other matters on which people are spending.

8 million people can now withdraw from EPF under i-Sinar programme

All Malaysians will be allowed to make withdrawals from Account 1 of their EPF.

Short-term gain might be long-term pain, experts warn on EPF withdrawals

They say contributors, especially those from the lower income group, may have trouble replacing funds withdrawn now to buffer the effects of the Covid-19 pandemic.

Govt to study proposal for EPF Account 1 withdrawals

PM says he has discussed the issue with the finance ministry.

Pandemic will end but so will EPF savings

Some 15 million EPF depositors may face the spectre of insufficient retirement funds if withdrawals from Account 1 are allowed.

Alternatives to withdrawing from EPF Account 1

EPF savings are created for the future.

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