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 EPF Nomination, Anyone can give advise

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triple02
post Feb 5 2025, 02:51 PM

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QUOTE(kawa_e @ Feb 5 2025, 02:47 PM)
Hi,

I am planning to nominate my siblings and or my mother for my epf. I don't have anything. I only have epf..
1. May i know how may pax can I nominate ? If I nominated 2 person which 1 will get 50%, does it mean they will receive half of my epf and the other person 50%

2. Is it safe to do online via app ?

3. Can I change my nominee in the future ?

4. If my nominess didn't want to take out the money because they want the compounding interest, it okay too ?

Thank you
*
1. you nominate how many pax u want and you can state the breakdown % of each nominee

2. Yes it is

3. Yes you can

4. Nominees have no control of your EPF until the event of your passing where your earlier stated % will go to them as the next of kin.

 

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