QuickCheck: Can you withdraw from your EPF Account 3 from May 11?


WITH the announcement that the Employees Provident Fund (EPF) will be introducing the new Account 3 on May 11, there has been some confusion if and when contributors can withdraw from it.

Some say that 10% of your funds in EPF will be immediately accessible on launch day, whereas others say you will have to wait awhile as the account will start with zero ringgit and it will take time to accumulate funds.

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