Don't Withdraw EPF Early: Why Keeping Your Retirement Savings Intact is Crucial

• EPF continues to earn interest even after leaving a job, until age 58, preserving long-term compounding benefits.
• Withdrawing EPF before 5 years of continuous service can lead to significant tax implications.
• Instead of withdrawing, consider keeping the account active or transferring the balance to a new EPF account under the same UAN.
• Partial withdrawals are allowed for emergencies like medical needs or home purchase, but avoid breaking the entire corpus.
• Ensure KYC, bank details, and Date of Exit are updated to avoid issues with interest credit and future withdrawals.