EPF Withdrawal at Age 55 and 60: Akaun 55, Akaun Emas and i-Emas Explained
Last verified: 28 October 2026 against KWSP's Age 55 & 60 Withdrawal page. Short answer: At 55, your Akaun Persaraan, Akaun Sejahtera and Akaun Fleksibel are combined into Akaun 55, which you can withdraw in full, in part, or as i-Emas monthly payments at any time [KWSP age 55 & 60]. Contributions after 55 go into Akaun Emas, which you can only withdraw from age 60 [KWSP age 55 & 60].
Talreon is an independent publisher and is not affiliated with KWSP (Kumpulan Wang Simpanan Pekerja, the Employees Provident Fund). This page explains the process in our own words; the agency's own website and notices are the final word.
What happens to your accounts at 55 and 60
| Age | What KWSP does | What you can withdraw |
|---|---|---|
| 55 to 59 | Akaun Persaraan, Sejahtera and Fleksibel are combined into Akaun 55; new contributions go to Akaun Emas | Akaun 55, any time [KWSP age 55 & 60] |
| 60 and above | Akaun 55 and Akaun Emas are combined for the age 60 withdrawal | Akaun 55 and Akaun Emas [KWSP age 55 & 60] |
Payment options
| Option | Rule KWSP gives | Source |
|---|---|---|
| Full withdrawal | Entire balance of Akaun 55 (and Akaun Emas from 60) | [KWSP age 55 & 60] |
| Partial withdrawal | No minimum and no limit on how often | [KWSP terms] |
| i-Emas (monthly payment) | At least RM100 a month or RM1,200 a year, for at least 12 months or until age 100; paid on the 25th of each month (next business day if that is a weekend or holiday) | [KWSP age 55 & 60] |
| Monthly dividend payment | At least RM100 a month for 6 to 12 months (RM600 minimum) | [KWSP age 55 & 60] |
| Yearly dividend payment | Lump sum of the previous year's dividend | [KWSP age 55 & 60] |
| Investment through an appointed fund manager | At least RM1,000 transferred, and RM1,000 must stay in the account; not open to non-Malaysians who joined on or after 1 August 1998 | [KWSP age 55 & 60] |
KWSP renamed its age 55/60 monthly withdrawal "i-Emas" in April 2026. If you have an older document that says "monthly payment withdrawal", it means the same option [KWSP announcement].
Step by step
- Check your Akaun 55 balance in your KWSP i-Akaun (see our i-Akaun registration guide).
- Choose full, partial or i-Emas. KWSP says partial withdrawals under RM30,000 and i-Emas can also be done at its self-service terminals [KWSP age 55 & 60].
- Prepare your MyKad and a bank statement or bank letter showing your account details [KWSP age 55 & 60].
- Submit through i-Akaun, at an EPF counter, or by post, as KWSP's page describes [KWSP age 55 & 60].
- Payment goes to your bank account if it is with a KWSP panel bank and your ID matches the bank's records; otherwise KWSP issues a banker's cheque.
Public sector pensioners
If you are under the Government Pension Scheme, KWSP advises making sure the government share has gone back to KWAP (the Retirement Fund) through a Pre-PEN application before you withdraw; you can apply for both at the same time [KWSP age 55 & 60].
To see how long a lump sum might last, try the savings calculator or the inflation calculator. These are estimates only.
Frequently asked questions
Can I withdraw all my EPF at 55?
Yes. KWSP lets members aged 55 to 59 withdraw the entire Akaun 55 balance at any time, or part of it, or take i-Emas monthly payments.
What is Akaun Emas?
The account that receives contributions made after you turn 55. KWSP only lets you withdraw it from age 60.
What is the minimum i-Emas payment?
RM100 a month or RM1,200 a year, for at least 12 months or until age 100.
When are i-Emas payments credited?
On the 25th of each month, or the next business day if the 25th is a weekend or public holiday.
Where to check it yourself
Talreon is not affiliated with KWSP (Kumpulan Wang Simpanan Pekerja, the Employees Provident Fund). Figures and steps on this page were checked against the linked pages on 28 October 2026. Read our editorial and review process and figures update log. Spotted something out of date? Email support@talreon.com with the page address.
Change log: 28 October 2026 – first published. Educational information only; not tax, financial or legal advice.