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Tuesday, July 8, 2008

KWSP withdrawal for investment

For your information, KWSP has implemented new scheme for the members to transfer money from account 1 to invest in approved mutual fund. The following table show the minimum amount should be in account one. For example if you are 30 years old and having RM40,000 in your account one then (40,000-18,000)*20%=4,400.
That means you can invest RM4,400 in approved mutual fund.

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