May 21 2019, 11:38 AM
QUOTE(Nicholas Kang @ May 21 2019, 11:10 AM)
Hi all.
I would like to confirm if students can invest in EPF for their retirement needs in the future.
I phoned EPF this morning and asked if a student (now 20 years old) who is about to enter university can open an EPF account and begin investing.
The EPF customer service representative said that I can begin investing in EPF now, even though I don't have a job.
I am afraid that sounds too good to be true, so I would like to seek confirmation here.
Anyone here begin investing in EPF when they are students who are not yet working?
Yes I think you can , just go open an account with them, normally an employer opens it for you but I would put it somewhere where is more liquid in case you need the money in the future. Not sure if can withdraw till 55 .I would like to confirm if students can invest in EPF for their retirement needs in the future.
I phoned EPF this morning and asked if a student (now 20 years old) who is about to enter university can open an EPF account and begin investing.
The EPF customer service representative said that I can begin investing in EPF now, even though I don't have a job.
I am afraid that sounds too good to be true, so I would like to seek confirmation here.
Anyone here begin investing in EPF when they are students who are not yet working?
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