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.

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retirement , EPF , ageing nation , premature withdrawal , inheritence

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