Don't Withdraw EPF Immediately After Job Change: Why It's a Costly Mistake

• EPF continues to earn interest even after leaving a job, up to age 58, at rates over 8%.
• Withdrawing early breaks the power of compounding, losing decades of potential wealth growth.
• The 'five-year rule' means early withdrawals (before 5 years of service) can be taxed, reducing savings.
• Transferring EPF to a new account is better than withdrawing, maintaining tax benefits and continuity.
• EPF is a retirement foundation; avoid full withdrawals for short-term needs to secure your future.