Not everyone likes having their retirement funds so accessible and this is something that EPF is going to address very soon. — Picture by Miera ZulyanaKUALA LUMPUR, May 17 — Employees Provident Fund implemented a new account structure earlier this month that includes the introduction of Account 3 which members can access at any time.
However, members can soon make a recurring request to transfer the funds from Account 3 to the two other accounts. This was revealed by EPF’s Head of Policy and Strategy Department, Balqais Yusoff during a recent interview with BFM.You can specifically choose whether you want the contributions that are meant for Account 3 to be moved to Account 1 or Account 2 . Not only that, you will also have the choice to split and transfer the money to both accounts.
EPF EPF Account 3 EPF Withdrawals
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