EPF's Three Accounts: Akaun Persaraan, Sejahtera & Fleksibel
On 11 May 2024 EPF replaced the old two-account structure with three accounts, giving members a slice of savings they can tap at any time without waiting for retirement or a qualifying life event. If you have logged into KWSP i-Akaun since then and wondered why your balance is now split three ways, this explains what changed, where your money went, and how to use the new Flexible Account sensibly.
How each contribution is now split
Every monthly contribution — your 11% plus your employer's 12% or 13% — is divided across three accounts instead of the old 70/30 split between Account 1 and Account 2:
| Account | Share of new contributions | Purpose |
|---|---|---|
| Akaun Persaraan (Retirement) | 75% | Core nest egg — locked until 55 |
| Akaun Sejahtera (Wellbeing) | 15% | Housing, health, education — the old Account 2 role |
| Akaun Fleksibel (Flexible) | 10% | Short-term needs — withdraw any time |
What happened to your existing balance
Your money was not taken away — it was re-labelled. Your old Account 1 balance became your Akaun Persaraan, and your old Account 2 balance became your Akaun Sejahtera. Akaun Fleksibel started empty for existing members.
To seed it, EPF opened a one-time opt-in window (now closed) that let members below 55 move a portion of their Akaun Sejahtera balance into Akaun Fleksibel. If you did not opt in during that window, your Fleksibel account simply fills up over time from the 10% share of each new contribution.
How the Flexible Account withdrawal works
Akaun Fleksibel is the headline change: you can withdraw from it at any age, for any reason, entirely online through KWSP i-Akaun. There is no need to prove a house purchase, medical bill or any qualifying event — unlike Akaun Sejahtera.
- Minimum withdrawal is RM50; you can take out up to the full Flexible balance.
- Money withdrawn is not restorable — you cannot pay it back to rebuild that account.
- Only Akaun Fleksibel is freely accessible. Akaun Sejahtera still requires an approved purpose, and Akaun Persaraan stays locked until 55.
It still earns the dividend — so think twice
All three accounts earn the same annual EPF dividend, so money left in Akaun Fleksibel keeps compounding just like the rest of your savings. Every ringgit you withdraw early stops earning that return and, because it cannot be restored, permanently lowers the base that compounds toward your retirement. The Flexible Account is a genuine convenience for real short-term needs, but treating it as a regular spending pot quietly erodes the nest egg the whole scheme exists to build.
Who this does and doesn't apply to
The three-account structure applies to members below age 55. If you are 55 or older, your savings stay in Akaun 55 and Akaun Emas as before — the restructure does not touch them. Members who joined EPF from 11 May 2024 onward start with the three accounts from day one.
The split changes only where your contribution lands, not how much goes in — the statutory 11% employee and 12%/13% employer rates are unchanged. Use the calculator below to see your total monthly contribution, then remember roughly three-quarters of it is now locked away for retirement and one-tenth is reachable any time.
Last reviewed: 2026-07-23