RM10,000 withdrawal from the EPF has its risks


THERE are pros and cons to withdrawing the allowable RM10,000 from your Employees Provident Fund (EPF) member account.

Of course the government has given the green light but bear in mind that this is no special fund or incentive the government is giving out.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
pros , cons , withdraw , RM10000 , Employees Provident Fund , EPF

Next In Business News

PETRONAS Chemicals' 2Q net profit jumps to RM414mil amid strong demand, higher product spreads
Bond selloff slows but stocks wobble
Penang Port accelerating transformation into smart, efficient, low-carbon port - PPC chairman
Unique Fire says softer 1Q net profit due to cost of new investments
Defensive counters in favour as sentiment turns cautious
Ringgit opens higher vs US$ as Fed rate hike expectations ease
Trading ideas: Malakoff, Bus Cap, West River, OCR, Destini, MSC, Lotte, FGV, AMMB, JPG, Master Tec, Kawan, DRB-Hicom, KPJ, Hume, Duopharma
Oil hits three-week high as US-Iran peace hopes fade
Dutch Lady cautiously optimistic on the year ahead
Better dividends, Prasarana jobs fuel HI Mobility

Others Also Read