Contributions to Roth IRAs may be withdrawn at any time, at any age, without ... left an employer for a new role $165,000 in earnings on the contributions and converted funds Upon withdrawal ...

Easy bank account changes: Members can enter new account details and verify them using Aadhaar OTP.

The Employees’ Provident Fund Organisation (EPFO) has introduced two significant changes aimed at simplifying and ...

will not ask subscribers to upload a cancelled cheque or get employer verification for bank accounts when they apply for online withdrawals. The step is expected to benefit more than 77 million EPF ...

It eliminates claim rejections due to unreadable or poor-quality uploads. It will also reduce grievances and make online ... or withdraw their PF. The new rule will immediately benefit over 14.95 lakh ...

It will also reduce grievances and make online claim ... details or withdraw their PF. The new rule will immediately benefit over 14.95 lakh members awaiting their employer’s approval.

In the recent decision, the Employees Provident Fund Organization (EPFO) has made a change in the claim settlement ... also removed the requirement of employer approval after bank verification ...

Also, you no longer require the employer's approval to link ... Earlier, to submit an EPF claim, you needed to get your bank verification conducted, without which the claims application was ...

Union labour minister Mansukh Mandaviya said in a post on X the reforms will make “claim settlement process simpler, faster and hassle-free for crores of both EPF members and employers”.

The decision aims to expedite claim settlements for EPFO’s eight crore members and simplify processes for employers. Previously, members applying for provident fund (PF) withdrawals online were ...