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.

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 True Or Not

QuickCheck: Did robbers fail in a goldsmith heist in Klang?
QuickCheck: Will inhaling hydrogen improve your health?
QuickCheck: Were foreigners applying for MyKad at a JPN office?
QuickCheck: Was an adult male sun bear captured in Dungun?
QuickCheck: Does leaving your phone to charge overnight damage its battery?
QuickCheck: Is it true that Melaka Sentral has had no air-conditioning for three months?
QuickCheck: Did a woman cause a disturbance at KLIA's international departure hall?
QuickCheck: Is it true that a giraffe's tongue is purple?
QuickCheck: Was a car tyre slashed at Penang Hospital for blocking traffic?
QuickCheck: Is it true that JPJ is sending SMS notices about unpaid toll payments?

Others Also Read