When can I fully withdraw my EPF savings?
Full withdrawal is allowed at age 55, with additional options at age 60. Members may also withdraw all or part of their savings upon permanent disability or for certain other conditions. [...]
Full withdrawal is allowed at age 55, with additional options at age 60. Members may also withdraw all or part of their savings upon permanent disability or for certain other conditions. [...]
Members with sufficient savings in Account 1 can invest a portion in approved funds to potentially grow their retirement savings.
No, EPF withdrawals are tax-exempt, making it a tax-efficient way to save for retirement.
Members can view their EPF balance, contributions, and transaction history through the EPF’s i-Akaun online portal.
EPF savings will be distributed to the nominated beneficiaries or legal heirs, as per the member's nomination or in line with Malaysian succession law.
Malaysia provides several subsidies to reduce childcare costs for families. These include monthly subsidies for civil servants (RM180 per child) and for parents with lower per capita incomes in urban areas [...]
Yes, the Malaysian government has increased the income tax exemption on childcare allowances provided by employers to RM3,000. Employers who directly support employees with childcare costs or offer on-site childcare facilities [...]
Yes, Penang offers a specific subsidy program for the B40 income group, providing eligible families with a monthly childcare subsidy of RM50 per child. This program helps make quality childcare more [...]
For civil servants in Malaysia with a monthly household income below RM5,000, the government provides a subsidy of RM180 per child each month if they use a registered childcare centre in [...]
Yes, all registered childcare centres in Malaysia must meet strict health and safety standards to qualify for subsidies and incentives. This includes proper sanitation, fire safety compliance, and hygiene practices to [...]