Do Malaysians Know Enough About EPF?

We know that as a working adult in Malaysia, EPF is mandatory. However, besides getting a 11% cut from your salary, what else do Malaysians know about EPF? That’s what we’re gonna find out from this video!

What to Watch Next:
🍀II Bought The Same Items From 4 Different Grocers. Which Is Cheaper?:
🌲How Can Malaysia Be Better Than Singapore? Ft. Syed Saddiq:
🌳I Think Wawasan 2020 Failed Terribly. Here’s Why.:

-----

📰 Too much information bomb during these times? Check out The Coffee Break for concise and important news to stay updated,

HERE ARE OUR REFERRAL PROMOTIONS JUST FOR YOU!
--
【STOCK MARKET】

Invest in US STOCKS 📈 🇺🇸
Check out Interactive Brokers to learn more!

Invest in Bursa Malaysia Stocks 📈
// FREE 7 Days Trial with RM1 per day subsequently

Looking for a news and analysis portal for investors?
Check out Seeking Alpha to get 'em!
New sign-ups will get a 1-year subscription for $99 instead of $239.

--

【CRYPTOCURRENCY】

FREE RM25 when you sign up and use our code!
Code: mmtv1

--

【ETF】
// 50% Discount Fees

--

【UNIT TRUST】
Invest in Unit Trust Malaysia
// Low Fees

--
【OTHERS】

Invest in an ergonomic chair and table for yourself!
// Use my promo code "ENMONEY10" to get a 10% discount!

Invest in YOURSELF 📚
// FREE 1-month trial for first 1000 sign-ups

--

Come say Hi to us at,

🤳 TikTok: @mrmoneytvchannel

For business & job enquiries, do contact us at,

Disclaimer:
This is not an investment advice. All content produced is solely for education and entertainment purposes only. Please consult your financial advisor before making any investment decision.

[MrMoneyTV]

Did you get all the questions correct? ;)

[irfanburhanuddin]

I kinda like the sentence "its like ure borrowing money from ur future self" it will make us think twice whether to withdraw the money or not

[chiewata]

I am 55 and I have bought 2 houses with the help of my EPF, yes it's important and if you know how to use it well

[RayMak]

Worth it =) Coz employer contributes too. But there are many other investments too for non epf individuals

[adelynfong]

Would be good if you can share what services that EPF provides / how one can withdraw from EPF when reaches 55. Or if one is still working after 55 what happens to their EPF contribution (i.e. it moves to the normal account to another account - I think they call it acct 55). Don't really know why or what's the difference in that change i.e. less dividend? I am just guessing as there's really no place that I can check. EPF had never been efficient in educating the public on what they offer so it would be good to interview them. Thank you for starting this.

[josephsolomon]

Anyway, interesting and good to know about EPF.

[valuabletips]

Very good policy, but I think more than 5% return is too high, they should lower it to 5% to make it more sustainable, tbf any amount below 6-8% is ok to have because that's the 10 years annual return of the USA snp500 in the last decade. Good for people who dont have a financial background

[smearth]

Great video! Can you make a video about what the EPF funds are invested in? Thank you!

[pylim]

One more thing Account 1 can be withdrawn for: Unit trust investment with selected fundhouses, with T&C of course. It gives the flexibility for the members to diversity their savings. I think thats pretty good.

[brandonteh]

Closed my epf acc last month. Still waiting for the cheque to arrive, hopefully before cny =)

[fazri]

Another knowledge for preparation for adulthood

[ranjitharan]

Pls share more about EPF, especially how exactly we can withdraw the money from 1st account for buying 1st house.

[user_cvwysmstt]

My parents never take their money out until they retired

[muhamadali]

What if I accidentally contribute more than rm 60000, how to get back last transaction

[neochen]

hi mr money can u guys make a video about malaysia got any policy how to defend malaysian healthy from China disband thier lockup and travel to malaysia.

[drugabuser]

As a Malaysian working overseas, am I allowed to apply for EPF?

[zest]

Letak la penama supaya waris senang nk keluarkan epf in case tuan badan meninggal

[littledrummerboy]

Malaysians more fortunate to get 5% for EPF compared to 2.5% for Singaporeans for their CPF.

[windy]

Videolarınızı izlemeye bayılıyorum. Hayatta Başarının, talimatları uygulamakta ve doğru yapmakta yattığına inanıyorum. Uzman bir komisyoncu olan Emmerson Kurt, ticaret platformu aracılığıyla bana ve aileme bu ekonomik şehir merkezinde güçlü durmamıza yardımcı oldu. Her zaman minnettar olacağım. 6500 dolarımı 7000 dolara alıyorum

[pemburuhidupanliar]

Win win situation. A gomen can use your money for investment and we oso get good return tau 😂 more like shit shit situation when we kenot withdraw money til we tua nanti. Babi la 😂😂😂😂