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Problem 1: Fattah is charged RM15,000 for his medical eye treatment that he received from Southern Medical Centre. He intended to withdraw from his EPF Account 2 to pay for the medical expenses. His total EPF savings in Account 2 was RM350,000 but he has much earlier submitted an application for withdrawal to purchase a condominium. He purchased the condominium for RM280,000 and obtained a housing loan for RM120,000. Thus, how much can he withdraw from his Account 2, given that paying medical expenses is his first priority and what will be the balance of his EPF Account 2 be then?

Reference no: EM132962061

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