EPF Withdrawal
As most of us know that EPF fund is for retirement expenses. Therefore, we can only take out the saving when we start retire from working. Basically, this is what I understand about EPF fund for. However, in actual, we can withdraw the saving even during pre-mature period or withdrawal before retire.
EPF saving can be withdraw with the following purposes :
- Buy your first house
- Buy your second house
- Death
- Education
- Disability
- Leaving country
- Health problem
- Early retirement
- Debt settlement (house)
- Investment
Number 1 to 9 are what I get from EPF website. Number 10 is not stated in it but as I know, EPF saving also can be withdraw for investing with save investing institution only. If you think you can outperform than EPF fund, then you go ahead. If you cannot, just keep it inside and make it totally passive income with dividend given.
