What if I don't buy a house provident fund for a lifetime?

What if I don't buy a house provident fund for a lifetime?

If you don't buy a house all your life, you can withdraw the provident fund for other purposes. For example:

1. If you or your family are seriously ill, you can apply for withdrawing the balance of the provident fund account in this case.

2. If the house at home is to be rebuilt or overhauled, you can also apply for withdrawing the balance of the provident fund account at this time.

3. If you have lost your ability to work and have terminated the contract with your work unit, you can also apply for withdrawing the balance of the provident fund account at this time.

4. If you plan to emigrate to live abroad, you can apply for withdrawing the balance of the provident fund account before emigrating.

5. If you want to close the account, you can also withdraw the balance of the provident fund account before closing the account.

6. Those who reach retirement age and meet retirement conditions can generally apply to the provident fund management center for withdrawal of the balance of the provident fund account after going through retirement procedures.

How to withdraw all the provident fund?

1. I need to provide my real ID card and a copy. And I need to provide different and corresponding proof materials according to the different purposes of extracting housing provident fund. After that, I need to go to my unit to collect and fill in the application form for housing provident fund withdrawal, and pay attention to affix the unit reservation seal to ensure its effectiveness.

2. Hold the above-mentioned documents, application forms and corresponding supporting materials, and go to the housing provident fund management department where the employee originally paid the provident fund.

3. After being audited by the local housing provident fund management department, confirm whether the situation meets the conditions for the extraction of housing provident fund, and determine whether the submitted certification materials are true and legal.

4. If the application is approved by the housing provident fund management department, provide the personal savings account number of the designated bank, and the housing provident fund management department will handle the housing provident fund withdrawal procedures later.

5. The housing provident fund management department will transfer the amount applied for withdrawal to the account provided by you after completing the withdrawal procedures of housing provident fund. As long as you go to the bank and hold a bank card, you can withdraw the housing provident fund.

The difference between basic provident fund and supplementary provident fund;

1. The deposit of housing provident fund is compulsory, and the deposit of supplementary housing provident fund is voluntary.

2. The deposit scope of supplementary housing provident fund is limited on the basis of the deposit scope of housing provident fund, which stipulates that only enterprises, self-supporting institutions and their employees who pay taxes in full can participate in supplementary housing provident fund.

3. The deposit ratio of housing provident fund is 7% for the unit and 7% for the individual, and the deposit amount is limited by the upper and lower limits, while the deposit ratio of supplementary housing provident fund units and individuals is determined by the unit within the range of not more than 9% of the unit and not less than 0/%of the unit/kloc, and the deposit amount is not limited by the upper and lower limits.

4. When employees apply for provident fund loans, they only need to look at the balance of provident fund accounts (10 times, 20 times, etc. ) when calculating the loanable amount, instead of looking at the balance of the auxiliary account. Supplementary accounts and provident fund accounts can be supported when using provident fund for repayment or housing consumption withdrawal, and there is no difference.

The housing provident fund account is also managed by the provident fund management center, which means that your deposit, loan and receipt information are synchronized with the housing provident fund, but the account is listed separately. Employees who change jobs to another company will continue to pay supplementary housing provident fund according to the system of the new company; If the new company does not, it can apply for withdrawal or temporary closure.