Retirement funds

Which of the following condition does not allow you to withdraw your money from EPF?

• Buying your 1st house

• Getting married

• Education

• Death

In Malaysia, the contribution from employer and employees are ____% and ____ % respectively.

• 20,11

• 15,16

• 10,11

• 11,12

Government run retirement fund requires the workers (_______) and their bosses (_______) to 'make savings' into the employee's account with the fund.

• Employee, employer

• Individual, government

• Employer, employee

• Children, Parents

In order to make sure that you do not fall into the 80% of people who finish their EPF money within 3 years, you need to plan and invest in other things for your ______.

• health

• employment

• holiday

• retirement

Private run retirement funds are generally run by banks, ______ companies or ________ companies.

• Insurance, mutual funds

• Education, IT

• Engineering, Advertising

• Engineering, Advertising

Your savings in EPF alone is ______ for your retirement.

• Not enough

• More than enough

• Enough

• Unsuitable

According to EPF, more than 80% of people finish their money within ____ years of retirement.

• 1

• 2

• 3

• 3

In Malaysia, all employees and employers are required _______ to contribute to this fund.

• Voluntarily

• Yearly

• by law

• half yearly

There are 2 types of retirement funds: ________ controlled and ______ funds.

• Government, private

• Private, listed

• Solely, Corporation

• Individual, group

One of the ways you can plan for your retirement is using retirement _______.

• Funds

• Advertisement

• Publicity

• Campaign