Comments on: Withdraw EPF Money for Home Loan Installment: How it affects your Retirement Fund

By: serene

serene — Fri, 23 Dec 2011 04:58:01 +0000

if ‘i’m a bankruptcy after 55 years old can withdraw the EPF money ??

By: Patakar

Patakar — Fri, 28 Oct 2011 05:51:50 +0000

Hi there,

Is it possible to take money from Acct 2 Second time and have it in my personal acct rather than pay the bank directly?

By: Lee

Lee — Wed, 20 Jul 2011 09:46:22 +0000

Hi KC
Assuming that I can afford to pay high down payment for another house, is it better to take higher mortgage, i.e. lower down payment or low mortgage, i.e. high down payment for 2nd EPF withdrawal to make financial sense?
Appreciate your advice. Thank you.

By: KCLau

KCLau — Thu, 07 Jul 2011 00:05:14 +0000

No. You can’t withdraw money from EPF to pay credit card debt.

By: Melinda Phang

Melinda Phang — Wed, 06 Jul 2011 12:40:15 +0000

Question on whether contributors can withdraw to settled their credit cards debts
not clearly answered. Can or cannot. I got no housing loan.

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Tue, 16 Feb 2010 18:38:29 +0000

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Sun, 29 Mar 2009 04:04:48 +0000

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By: KCLau

KCLau — Wed, 11 Jun 2008 07:23:09 +0000

@ Fisol Bakar
It is advisable to settle your existing loan (8% interest) with EPF money (only 4-6% recently).

By: fisol bakar

fisol bakar — Tue, 10 Jun 2008 12:27:27 +0000

Hi,

I have enough fund in my EPF Acct 2 to settle my house loan outstanding amount. Currently the loan fixed rate I am servicing is 8% PA. Would you reckon I to “settle” the loan now (remaining 25 years) from the Acct 2 and then arrange a new financing for 2nd house?

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Tue, 04 Mar 2008 15:30:13 +0000

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By: Everything Finance

Everything Finance — Tue, 19 Feb 2008 14:52:51 +0000

Carnival of Everything Finance: #13

Welcome to the February 15, 2008 edition of Carnival of Everything Finance.

We had over 130 really good articles submitted for this edition. Unfortunately I could not include all of them.
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By: KCLau

KCLau — Fri, 15 Feb 2008 02:21:31 +0000

Cath,
I think you better check with http://www.kwsp.gov.my

By: Cath

Cath — Thu, 14 Feb 2008 21:13:15 +0000

Hi, I know its not related to what you have but can you tell me how to apply for my EPF payout? I have been in New Zealand for nearly 30 years and will be visitng Msia in a couple months time for two weeks. Moreover I lost my IC card but can remember the numbers.

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Wed, 13 Feb 2008 10:39:53 +0000

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By: KCLau

KCLau — Tue, 12 Feb 2008 02:24:32 +0000

EPF stands for Employee Provident Fund, something like 401(k) in the US.

By: DotMakeMoney » DotMakeMoney Blog Carnival 1

DotMakeMoney » DotMakeMoney Blog Carnival 1 — Mon, 11 Feb 2008 15:54:04 +0000

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By: The Personal Financier

The Personal Financier — Sat, 09 Feb 2008 09:46:02 +0000

Investment Basics Carnival #6 and Weekly Round-up

Welcome to the sixth edition of the “Investment Basics Carnival”. We recieved a record 63 posts out of which 24 were chosen and are presented here.

By: 12th Edition of the Carnival of Making Real Money February 10th, 2008 | Making REAL Money Blog

Sat, 09 Feb 2008 06:05:09 +0000

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By: InvestorBlogger

InvestorBlogger — Fri, 08 Feb 2008 14:57:54 +0000

It would be a good idea to explain what an EPF is… for international visitors. I don’t know what it means. Does it mean Earnings for Pension Funds?

Kenneth