To transfer or not, wonder parents (Poll Inside)

By ZAKIAH KOYA

Photo: The Star

PETALING JAYA: Parents have reservations about transferring their Employees Provident Fund (EPF) savings to their children’s accounts.

The intergenerational wealth transfer scheme, announced under Budget 2025, allows EPF members to transfer part of their retirement savings to the EPF accounts of close family members.

Related stories:
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
retirement , EPF , ageing nation , premature withdrawal , inheritence

Next In Nation
Cops hunting man posing as police officer in alleged molest, assault case
Man charged with cross-dressing in Terengganu
Cabinet satisfied with Defence Minister's briefing on Armed Forces issues, says Fahmi
Najib could approve SRC board members but didn't nominate them, court told
Cops rule out foul play in fatal university aircon explosion
Fulfilling court order on Sabah's revenue rights a top priority for PM, says Mustapha
Woman, 64, killed in Sibu four-vehicle crash
Factory supervisor, 65, loses over RM668,000 to investment scam
From scammed to soaring: Pretend stewardess becomes real flight attendant
Kelantan cops arrest brothers, seize homemade firearms

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.