: The government is finalising details on the withdrawal access for the proposed Employees Provident Fund Flexible Account, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.“From next year, we will have the Flexible Account, but the method and the percentage of savings fund that can be put into the Flexible Account have not been finalised.
During the Budget 2024 tabling recently, Prime Minister Datuk Seri Anwar Ibrahim announced that the accounts of EPF members will be restructured to strengthen retirement savings. Towards this end, the Flexible Account, a new EPF account to allow accessibility to members at any time, will be introduced.
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