Employees can withdraw provident fund when they retire; When a worker completely loses his ability to work and terminates his labor relationship with the unit, he can withdraw the provident fund; The payer can withdraw the provident fund when he leaves the country for settlement; When the rent exceeds the prescribed proportion of family wage income, you can take out the provident fund.

The influence of withdrawal and non-withdrawal of provident fund;

1. Interest income difference: after withdrawing the provident fund, you will no longer enjoy the interest income of the provident fund account; If you don't take it out, continue to accumulate interest;

2. Influence of loan conditions: withdrawal of provident fund may affect the loan qualification or loan amount of individual housing provident fund; If you don't take it out, you will keep the original loan terms;

3. Emergency reserve fund: If the provident fund is not withdrawn, it can be used as an emergency reserve fund to increase personal financial security cushion;

4. Personal credit record: frequent withdrawal of provident fund may have a certain impact on personal credit record; Not if you don't take it out;

5. Impact of retirement benefits: Withdrawing the provident fund may reduce the total amount of benefits you can receive when you retire; If you don't take it out, let the interests accumulate.

To sum up, the difference between withdrawing provident fund and not withdrawing provident fund is that workers can withdraw provident fund when they retire, completely lose their ability to work, terminate their labor relations with their units, go abroad to settle down, and the rent exceeds the prescribed proportion of family wage income.

Legal basis:

Regulations on the administration of housing provident fund

Article 24

Workers in any of the following circumstances, you can extract the balance of storage in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.