M’sians have split views over possible new EPF account


In two minds: With a possible new EPF Account 3, Malaysians are split between using the money for immediate needs or leaving it for the future. — YAP CHEE HONG/The Star

PETALING JAYA: With a new possible source of disposable cash in EPF’s to-be-announced Account 3, Malaysians are split between using the money to settle current financial shortcomings or saving it for the future.

A business manager who wanted to be known only as Kamarul, said he would look into the possibility of using withdrawals from Account 3 to renovate his newly purchased house.

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!

Next In Nation

Bersatu "technically" no longer part of Perikatan, says Takiyuddin
Seven areas in Malaysia record unhealthy API readings as of 9am
Perak steps up efforts to save loma fish from extinction
‘Automation not a quick fix’
Govt will not buy out MyKad maker, says NSC
Childcare centres to close if API reaches 200
Sabah to use more idle and abandoned land for padi cultivation
New safety rules for religious schools
Sim: Lower costs key to cutting foreign labour reliance
Johor book bazaar targets half a million visitors

Others Also Read