Find quick answers to common retirement planning questions
What’s the difference between Account 1 and Account 2?
Account 1 covers retirement benefits, disability, and survivor protection. Account 2 is for your medical and healthcare expenses during retirement. Understanding this split is crucial for your retirement adequacy planning.
How do voluntary top-ups work?
Voluntary contributions allow you to increase your EPF savings beyond mandatory KWSP contributions. These can significantly improve your retirement adequacy and provide tax relief benefits.
What is i-Invest?
i-Invest is EPF’s investment platform that allows members to invest their Account 2 balance in various funds. Understanding the basics can help you grow your retirement savings more effectively.
How do I use the EPF calculator?
Our EPF calculator tools help you estimate your retirement adequacy by projecting your KWSP balance at retirement age based on current contributions and investment returns.
How is my retirement adequacy calculated?
Retirement adequacy compares your projected EPF balance with your estimated retirement needs. It considers your current contributions, voluntary top-ups, and investment growth to ensure you’re on track.
Can I adjust my KWSP contribution strategy?
Yes, you can optimize your KWSP contribution strategy by making voluntary top-ups and adjusting your i-Invest allocations. Contact our team to discuss what’s best for your retirement plan.