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 EPF DIVIDEND, EPF

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MGM
post Nov 12 2025, 09:40 PM

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QUOTE(chinkw1 @ Jan 29 2025, 12:33 PM)
Just out of curiosity, if a member pass away, the nominee can transfer the $ to the nominee's kwsp account?
Or can only withdraw out from member's account?
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QUOTE(theevilman1909 @ Jan 29 2025, 01:22 PM)
https://www.kwsp.gov.my/en/member/account-centre/death

Cash Credited to Registered Nominee Bank Accounts
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Was there a proposal to allow the deceased EPF funds to be transfered to nominees' epf account instead of cash?

Can we do the change of nominees' % online or must do it over the counter?
MGM
post Nov 12 2025, 10:14 PM

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QUOTE(Wedchar2912 @ Nov 12 2025, 09:56 PM)
I don't think there was a ever a proposal.... maybe some so called expert wrote some article?
(But I think the B40 would disagree vehemently to this proposal)

Changing or nominating nominees must be done in a EPF office. I don't think this has changed at all, and I hope it does not.
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Was thinking if there is such an option, it would be good for old couple to nominate each other and the surviving one who is not investment savvy can opt to keep all money in epf.
MGM
post Nov 13 2025, 04:13 PM

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QUOTE(tropik @ Nov 13 2025, 04:11 PM)
Can do online, then confirm it via thumb print on the EPF machine.
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Can also add new nominees online n confirm at EPF machines too?
MGM
post Nov 16 2025, 08:54 PM

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QUOTE(Vickyle @ Nov 16 2025, 06:54 PM)
So it works exactly like asnb then. Any difference between epf and asnb in term of calculation?
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Read again, esp the paragraph marked *.

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