Budget 2025: EPF intergenerational wealth transfer to be introduced


PETALING JAYA: Malaysia is planning to introduce intergenerational wealth transfer within the Employees Provident Fund (EPF) to better prepare for the nation’s aging population, says Datuk Seri Anwar Ibrahim.

The Prime Minister said the scheme would allow EPF members to transfer part of their retirement savings directly to the EPF accounts of close family members, ensuring financial security for future generations.

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