Notas del episodio
On 25 April, EPF officially announced Account 3, which is a new Account that will receive 10% of your monthly contributions.
This account will allow members to withdraw the balance any time, and EPF said this was to replace targeted withdrawals.
Old structure:
- 70% Account 1 (cannot be withdrawn until 55).
- 30% Account 2 (can be withdrawn early to pay for education, housing loan, and healthcare).
New structure:
- 75% Account 1.
- 15% Account 2.
- 10% Account 3 (can be withdrawn any time).
Along with financial experts Hann and Sani, we discussed the pros and cons of this move, plus tips on how to grow your retirement savings.
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Timestamps:
(00:02:52) Thoughts on Account 3? Yay or Nay?
(00:11:30) C ...
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