UNIT TRUST
EPF BASIC SAVINGS TABLE (Effective 1 January 2019)
EPF Members' Investment Scheme
(Based on EPF Basic Savings's Table, effective 1 January 2019)
If you are at the age 22 and have RM 15,000 in your Account 1, your withdrawal amount is :
Total Savings in Account 1 RM 15,000
Less: Basic Savings in Account 1 - RM 10,000
Excess Amount RM 5,000
Investment Amount ( 30% X 5,000) RM 1,500
Subsequest withdrawal can be made after 3 months from your last withdrawal. Your new balance in Account 1 after the first withdrawal is RM 13,500 (RM 15,000 - RM 1,500. Your next withdrawal amount will be:
Total Savings in Account 1 RM 13,500*
(RM 15,000 - RM 1,500)
Less: Basic Savings in Account 1 - RM 10,000
Excess Amount RM 3,500
Investable Amount ( 30% X 3,500) RM 1,050
*Assuming no future contributions
(Based on EPF Basic Savings's Table, effective 1 January 2019)
If you are at the age 22 and have RM 15,000 in your Account 1, your withdrawal amount is :
Total Savings in Account 1 RM 15,000
Less: Basic Savings in Account 1 - RM 10,000
Excess Amount RM 5,000
Investment Amount ( 30% X 5,000) RM 1,500
Subsequest withdrawal can be made after 3 months from your last withdrawal. Your new balance in Account 1 after the first withdrawal is RM 13,500 (RM 15,000 - RM 1,500. Your next withdrawal amount will be:
Total Savings in Account 1 RM 13,500*
(RM 15,000 - RM 1,500)
Less: Basic Savings in Account 1 - RM 10,000
Excess Amount RM 3,500
Investable Amount ( 30% X 3,500) RM 1,050
*Assuming no future contributions
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