CA Anant Pandey Explains PF Withdrawal Rules, Limits, & Avoiding Loss

• PF is for private company employees, managed by EPFO, and serves as a retirement fund.
• CA Anant Kumar Pandey advises treating PF as an emergency fund, a "golden gift" or "life jacket," to be used only when necessary, not frequently.
• As per EPFO 3.0, up to 75% of the PF amount can be withdrawn, with full withdrawal only in specific situations.
• Withdrawals are generally permitted after 12 months of continuous employment.
• Frequent PF withdrawals are discouraged as they can be detrimental to one's financial future, unlike savings account withdrawals.

Why It Matters: Understanding PF withdrawal rules helps secure your retirement and avoid financial mistakes.