RMF Fund Rules

[scoutman360]

My understanding of RMF fund rules are this:

 

• Must contribute every year to maintain the fund
• Maximum contribution must not be more than 30% of accessible income per year when combined with the contribution to Provident Fund and shall not exceed 500,000 baht.
• For any "tax free" withdrawals,  one must (1) be over 55, and (2) be a participant in the fund for at least 5 years.

 

OK, here begs the question. if one is over 55 and still working and still contributing every year for more than 5 years, then one should be able to make a contribution then immediately withdrawal it "tax free". Am I missing something?