InvestorQ : My father retired from his job earlier this year. When would it be the right time to withdraw his EPF contribution?
vani Patil made post

My father retired from his job earlier this year. When would it be the right time to withdraw his EPF contribution?

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nishi Shah answered.
3 years ago
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The most opportune time to withdraw your father’s EPF contribution would be almost immediately after his retirement. Your father will have to submit the Form 10D in order to withdraw his full pension.

It is advisable not to delay withdrawing the EPF amount as the interest it earns on the EPF contribution starts to get taxed.

Thus, ask your dad to fill his Form 10D as soon as possible to get the maximum EPF contribution.

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