Account 3 could be double-edged sword


IN a move lauded for its empathy yet scrutinised for its long-term implications, Malaysia’s Employees Provident Fund (EPF) has introduced Account 3 to offer financially strapped members a lifeline.

While this initiative seeks to mitigate immediate financial hardships, it also sparks concerns about the future economic security of retirees, illustrating the balance between providing immediate assistance and maintaining wise financial management.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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