Beginning 1 February 2008, 11.4 million EPF members can invest as long as their account 1 amount exceed the required savings amount.
The basic amount that each members have to have is based on their age:
1) 25 years old (RM9,000)
2) 30 years old (RM18,000)
3) 35 years old (RM29,000)
4) 40 years old (RM44,000)
5) 45 years old (RM64,000)
6) 50 years old (RM90,000)
7) 55 years old (RM120,000)
The basic quantum of saving will be access every five years.
Example of calculation: Ali is 30 years old and has RM30,000 in account 1. For 30 years old the basic saving/min that they must have in account 1 is RM18,000. So the amount that he can invest in UT is 20% from (RM30,000 - RM18,000 = RM12,000), amounted to RM2,400. The investor still will have to pace their saving to every 3 months. Same as before.
Table below show the real return that you as EPF member get from EPF savings:
|Dividend Rate (%)||5.00||4.25||4.50||4.75||5.00||5.15|
|Real Dividend Rate (%)||3.60||2.45||3.30||3.35||2.00||1.55|
So to all EPF memmbers, lets' put your EPF saving into a higher return vehicle....