Most of the people may think that KWSP is our biggest saving account. Our KWSP consist of an estimated 23% (11% + 12%) of our monthly salary. So, if you calculate precisely, that’s more than 1/5 of our salary. The main purpose is to provide support for our retirement plan.
Have you ever wondered, what would happen if you suddenly have to say goodbye forever to this world? What would happen to your KWSP saving? Will your loved ones or child know about your KWSP savings? Even if they know about it, can they withdraw your KWSP savings in case something happen to you?
Update Your KWSP Nominations Now