Insurance & EPFWillNovember 11, 2024by Chelsia LiewCommon Myths of EPF Nominations and Estate Planning
Myth 1: “If you don’t name any beneficiaries in your EPF accounts, your family members won’t be able to access the funds.” Many people believe that if they fail to name a beneficiary for their EPF (Employee Provident Fund) account, their family members won’t be able to access the funds. Truth: In the event of...