*# Effective 1 January 2014
Source: Employees Provident Fund (EPF)
Mr A is 35 years old. From his EPF latest statement, the amount in his Account 1 is RM80,000. According to the above Basic Savings table, his basic savings required in Account 1 is RM46,000. This means he is qualified to withdraw the minimum RM1,000 and maximum RM6,800 from his EPF savings to be invested in unit trust.
CALCULATION: (RM80,000 – RM46,000) X 20% =RM6,800