What’s the Deal with EPF’s Akaun Emas?

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The way EPF handles your monthly monetary contributions is about to change. Previously, both you and your employer (if any) funnel those contributions to EPF, who then splits that amount 70:30 respectively into Account 1 and Account 2. Account 1 stood for the amount that you cannot withdraw no matter what until you’re 55 or […]


Living Trusts vs Wills — Which One’s Better?

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  They may serve the same final purpose, but living trusts and wills employ different means of getting there. As part of your financial management arsenal, they both help to distribute your assets upon your passing, but with different requirements. Living Trusts Defined Living trusts are essentially contracts between the creator of the contract (called […]


Are You Ready to Retire by Yourself?

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EPF is worried that more than half its account holders barely have enough to comfortably survivenot working past retirement; indeed, RM50,000 is a small figure when you factor in inflation and rising medical costs as you age past your prime. At the same time, it’s a big figure to accumulate over your effective working lifetime […]