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EPF revises minimum target savings

KUALA LUMPUR: The Em­plo­yees Provident Fund (EPF) will revise upwards the Basic Savings quantum – the minimum target savings that its members should have when they reach 55 – from RM196,800 to RM228,000 effective Jan 1 next year.

EPF sets RM196,800 as minimum savings at age 55 starting January

KUALA LUMPUR: The Employees Provident Fund (EPF) has reminded its members on the new quantum Basic Savings set at RM196,800 as the minimum amount that must be in their EPF account by the time they reach the age of 55, effective next month.

SSPN savings for children’s education

PETALING JAYA: The National Higher Education Fund Corporation (PTPTN) launched the SSPN Savings Week to encourage more parents and other groups in the community to save for their children's education.

Ahmad Husni: More EPF savings for retirees ‘to have a good life’

KUALA LUMPUR: The Employees Provident Fund (EPF) is set to raise the savings threshold of contributors to RM228,000 next year to ensure retirees ‘have a good life’ when Malaysia becomes an ageing population.

EPF: Opt for flexi-withdrawal scheme in order to stretch savings

PETALING JAYA: The Employees’ Provident Fund (EPF) has urged the public to take advantage of its Flexible Age 55 Withdrawal scheme, which allows them to manage their savings via flexible withdrawal options.

EPF increases basic savings target to RM240,000

PETALING JAYA: The Employees Provident Fund (EPF) has increased its Basic Savings quantum to RM240,000 effective Jan 1, 2019.

Retiree loses RM180,000 life savings to Macau scam

IPOH: A retiree lost her life savings of over RM180,000 after falling prey to a phone scam, known as the Macau Scam, where she was told she was suspected of being involved in a drug offence.

Woman loses RM113,000 of savings in scam involving a ‘judge’

A housewife in Air Putih banked in her savings of RM113,000 into two accounts of a 'judge' after being told that she was suspected to be involved in illegal money-lending.

Pensioner and wife cheated of life savings

A pensioner was cheated of his life savings and his wife's Tabung Haji savings totalling RM110,000 over a bogus land deal.

Retirees using up EPF savings within three years

OVER 60% of retirees used up their Employees Provident Fund (EPF) savings within three years of retiring, I>Utusan Malaysia /I>reported.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.