I have joined a new organization and not considered for pf due to salary bracket. I have two pf accounts with previous organizations, one is with pf trust and UAN is allocated. The other one is with EPF organization and inoperative for 04 years. I want to make these amounts safe and secure for my future use. My age is 54 years. I am not interested for continuing to pf . How is creating NPS account and transferring both pfs to this . Can I withdraw while amount in future. If not even then do you recommend as a financial decision.
Do you feel NPS a great product over EPF when it comes to taxation and liquidity? Stay away from EPF transfer to NPS. Instead, move all your EPF accounts into a single EPF and under one UAN. This will make your withdrawal at ease when you want to do so.
Thanks Sir for your quick reply. In case differences with employer.
what are the chances of pf amount getting disputed or hold when employer has differences with employee. Awaiting your guide lines lines