Contributions to EPFs are always made automatically, but how do they actually benefit you? ๐ด ๐ฆ๐๐ฎ๐ฟ๐ ๐๐ป๐๐ฒ๐๐๐ถ๐ป๐ด ๐๐ถ๐๐ต ๐๐๐๐ฅ โก๏ธ
๐ด ๐ฆ๐๐ฎ๐ฟ๐ ๐๐ป๐๐ฒ๐๐๐ถ๐ป๐ด ๐๐ถ๐๐ต ๐๐๐๐ฅ โก๏ธ
โฌ๏ธ Timestamps:
0:00 โ Introduction
0:35 โ What is EPF doing with your money?
1:32 โ Is your money safe with EPF?
2:28 โ EPF vs CPF
2:52 โ Total Asset Base
3:14 โ Contribution Rate & Tax Relief
4:18 โ Retirement Withdrawal
6:04 โ Housing Withdrawal
7:09 โ Death Withdrawal
7:55 โ EPF vs CPF Returns
9:30 โ Conclusion
In this video, weโll explore the ins and outs of Malaysiaโs EPF (Employees Provident Fund) and Singaporeโs CPF (Central Provident Fund) to understand where your retirement savings go and how theyโre managed. Every month, Malaysians see 11% of their salary go into EPF, but what happens to that money? Weโll reveal EPF’s massive RM1.14 trillion asset base, its diverse investments, and compare it to CPFโs approach, which focuses on stability with government-backed bonds. If youโve ever wondered how these two funds stack up in terms of growth and safety, this deep dive is for you!
Weโll also discuss the differences in contribution rates, withdrawal options, and tax benefits for each fundโplus, why Singaporeโs CPF has a larger balance despite fewer members. Are EPF’s flexible withdrawal options worth it, or is CPFโs stricter, long-term approach better for sustainable retirement? Join us as we break down the pros and cons, and donโt forget to subscribe and stay tuned for more insights on finance, retirement, and investing!
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Malaysia retirement savings
EPF withdrawals
EPF vs CPF Comparison
EPF Returns 2024
EPF Safety and Security
EPF Contribution Rate Malaysia
Financial planning
Investment dividends
Retirement funds
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Savings account
Financial literacy
EPF Claim
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