Your EPF savings can be the largest disbursement amount that you will see in your lifetime. It’s something that most individuals anticipate throughout their working life. It can give them a sense of fulfillment as it’s possible for them to achieve their life goals.
Upon reaching 55 years old, most of the people prefer to withdraw all their EPF savings but many are opting for flexible withdrawals either in partial or monthly payments. There are several factors for you to consider in choosing between withdrawing a lump sum and making a partial withdrawal.
Decision: Lump-sum vs Partial Withdrawal?