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 To withdraw EPF money or not ?

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aaronpang
post Oct 23 2008, 10:48 AM

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Take it out and put in ASN or BSN tongue.gif

or spend it moneyflies.gif

IMHO take it out while you still have the opportunity if you're later strapped for cash the option to take out a large lump sum from EPF is gone.
aaronpang
post Oct 23 2008, 06:30 PM

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Joined: Jan 2003
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QUOTE(sordanny @ Oct 23 2008, 03:55 PM)
Not sure about using it to settle loan but for buying new property it goes directly to the lawyer (stakeholder) which will be passing it to the developer so it won't be up to u whether to pay a portion and keep some  wink.gif

*
Correction... EPF banks the money directly into your account... after that n73me can do whatever he wants with the money.

At least it was true for me unless EPF changed the rules recently.

 

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