“Very unpopular opinion. Children’s duit raya (ages 14 and above) should be saved in EPF (KWSP). The dividends are high.”
A Malaysian mother has caught attention online after sharing how her young son chose to save his duit Raya in his KWSP (EPF) account instead of spending it.
In a Threads post, Dr Aishah Radzi shared a photo of her teenage son placing his duit Raya into his KWSP.
“Very unpopular opinion. Children’s duit raya (ages 14 and above) should be saved in EPF (KWSP). The dividends are high,” adding that that savings in KWSP can earn relatively high annual dividends, while also qualifying for a 20% government incentive (up to RM500).
“In the future, they can withdraw from Akaun Sejahtera for college, university, or even a house deposit. It’s a loss if you don’t take advantage of i-Saraan.”
Many netizens praised the teen’s decision, calling it a smart and disciplined move.
“This is actually solid from a financial education perspective. Even small amounts can grow if you start early,” one user commented.
Others were surprised to learn that teenagers are eligible to open EPF accounts.
“I didn’t even know 14-year-olds can register. Just found out from this!”
Some parents chimed in, saying they’ve already started similar savings for their children — with encouraging results.
“My child opened one last year and already received the RM500 incentive plus dividends,” a user shared. Registration is very easy at EPF.”
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