Various labour unions and employees' representative bodies have been demanding the revision for years citing rising inflationary pressure and inadequate pension amount under the EPS scheme. At present ...

According to a financial planner, having RM1.3 million in retirement savings is doable, if a fresh graduate starts working at 25 with a monthly salary of RM2,500, enjoys a 5 per cent annual increment ...

Discussions are ongoing with the Employees Provident Fund (EPF) to explore whether withdrawals from the retirement fund can ...

Experts argue the new EPF benchmark isn’t impossible, but it demands early planning, consistent contributions, and lifestyle ...

Your PPO number is what keeps your EPF pension running smoothly, but many retirees only look for it when something goes wrong ...

FMT takes a closer look at why Malaysians are running out of their EPF savings so quickly and what lessons global pension ...

This scenario emphasizes the critical nature of starting early, as the power of compound interest can significantly boost savings over time. However, many Malaysians do not meet the RM1.3 million ...

The Employee Provident Fund (EPF) and Voluntary Provident Fund (VPF) are two popular retirement savings schemes in India ...

Indian retirement schemes are not fully tax-exempt as commonly believed. Contribution and growth limits mean many salaried ...

The Employees' Provident Fund and the Voluntary Provident Fund serve as one of the essential tools for retirement income.

The government is looking at raising the Employees' Provident Fund wage ceiling from Rs 15,000 to Rs 25,000. This move aims to bring more workers under the social security net. The proposal is being ...

As the serviceable tenure is less than 5 years, your withdrawal will be taxable. You can expect a TDS of 10% on that but ...