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 SSPN, Skim Simpanan Pendidikan Nasional

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wongmunkeong
post Jun 16 2021, 09:03 AM

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QUOTE(CSW1990 @ Jun 16 2021, 12:31 AM)
If my own acc (open during ptptn loan) I park 100k this year into it and next year withdraw all, it should not affect the tax relief next year if I put another net 8k into the acc under my children right?
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like what LostandFound shared - your situation very different from most folks. i dont input $ into my own SSPN, momma & poppa didnt open one for me & i also didnt take PTPTN loan, thus i have no SSPN a/c for self.
wongmunkeong
post Jul 25 2021, 08:13 AM

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Just to share, the special setia program interest is in
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wongmunkeong
post Jul 25 2021, 05:51 PM

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QUOTE(xiaobaiwm @ Jul 25 2021, 03:14 PM)
wah this one oso 600k+
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blink.gif i wish heheh
wongmunkeong
post Sep 28 2021, 07:08 PM

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QUOTE(Ewa Wa @ Sep 28 2021, 06:51 PM)
what's the annual return for sspn? 4%?
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on average, yup - EXCLUDING little stuff like campaign bonuses

This post has been edited by wongmunkeong: Sep 28 2021, 07:08 PM
wongmunkeong
post Oct 21 2021, 02:56 PM

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QUOTE(syaaron @ Oct 21 2021, 02:35 PM)
Anyone still receive e banker email after initiate withdrawal ?
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yup - i just got 2 emails earlier this week
wongmunkeong
post Nov 5 2021, 09:39 AM

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QUOTE(LostAndFound @ Nov 5 2021, 09:30 AM)
Off-topic. Ask different people you will get different answer. Crypto bro on one side, S&P500 'long term' guys on another, 'insider' stock pickers on another, recently got the options sellers too. Go to their respective thread to ask.

Most of us with SSPN are here not because of the 4% return (though it is very nice). The tax incentive is our purpose. Only applicable if you have children in schooling age.
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Technically, tax incentive kicks in as long as have children below 29 years old and income tax - not just "children in schooling age".
just clarifying ya notworthy.gif

This post has been edited by wongmunkeong: Nov 5 2021, 09:40 AM
wongmunkeong
post Nov 21 2021, 09:42 PM

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QUOTE(MGM @ Nov 21 2021, 09:32 PM)
I tried to deposit into sspn via kiplepay using diff sspn accounts but all got the msg record not found", anyone else having the same issue?
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Tested - same here.
My guess - SSPN's server or its DB, which KiplePay is trying to talk to is down.
wongmunkeong
post Mar 25 2022, 06:53 PM

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QUOTE(kochin @ Mar 25 2022, 06:39 PM)
what's the best method to pay sspn?
boost vs shoppee pay?
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KiplePay - $0 charges BUT has daily $2K and weekly $5K limits
BUT
the $10K limit per month beats ShopeePay
wongmunkeong
post Oct 7 2022, 12:21 PM

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MBSB eWallet reload via FPX only & max holding RM1k, based on their website
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wongmunkeong
post Oct 27 2022, 12:49 PM

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QUOTE(fruitie @ Oct 27 2022, 12:13 PM)
Hi guys, to deposit SSPN via e-wallet, is that only ShopeePay? Besides the Shopee app, which other apps can also deposit SSPN with credit cards/e-wallets?

I'm only using ShopeePay/Shopee now and looking for other channels if available.

Thanks!
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KiplePay but RM1K only via CC nowadays
wongmunkeong
post Oct 29 2022, 10:13 AM

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QUOTE(MGM @ Oct 29 2022, 05:21 AM)
I have been doing all these since shopeepay has sspn payment, so far so good. I think SP has been the most lenient in this.
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me too - been doing it for myself-kid1 +my wife-kid2
wongmunkeong
post Oct 29 2022, 02:08 PM

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QUOTE(!@#$%^ @ Oct 29 2022, 10:56 AM)
i would say, be careful on using cards that doesn't belong to the account holder. simply put, how does it appear if account holder A keep using credit card that belongs to B?
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1. if U meant Shopee A/C differs from owner of credit card - same, both me

2. if U meant SSPN A/C differs from Shopee A/C
FYI - SSPN couldnt be bothered as i've FPX into my wife-kid2 account before using my bank a/c.
dunno if Shopee cares if SSPN doesnt - maybe, hope not sweat.gif

Unrelated directly but similarly - my kid in SG uses SG Shopee with my credit card (not supplementary, my name & data on CC) - no issues.


QUOTE(fruitie @ Oct 29 2022, 11:47 AM)
Thanks guys! I assume both of you are using the same cards for these accounts?
Yeah, thought about it. Maybe will apply supplementary card for my sister.
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For me, er.. i usually have a few cards i use in Shopee thus, unsure same cc used for me-kid1 vs wife-kid2
seriously - my boss (wife) tells me to do, i do lor. our munee is her munee kinda thing laugh.gif

This post has been edited by wongmunkeong: Oct 29 2022, 02:12 PM
wongmunkeong
post Nov 29 2022, 12:53 PM

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QUOTE(a13solut3 @ Nov 29 2022, 12:50 PM)
i've been getting few different information about this SSPN tax relief.

is it possible to double tap the tax relief i.e

Mother - Children A - RM8k
Father - Children A - RM8k

So children A have 2 accounts.
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yup U can.
My son + me = a/c1
My son +wife = a/c2
As long as both have different filing for taxes, not joint ya
BUT BUT
my son +me = A/c1 & my dotter +me = a/c3, still tax relief up to $8K only, not double ya coz me the taxpayer = still the common denominator for both A/C1 & A/c3

This post has been edited by wongmunkeong: Nov 29 2022, 12:55 PM
wongmunkeong
post Dec 31 2022, 02:10 PM

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QUOTE(MUM @ Dec 31 2022, 01:58 PM)
As pointed out earlier by another forummer, Fd got lock in period while sspn does not hv
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also, SSPN "takes" credit cards with 0% 6-24mths tenure XD
wongmunkeong
post Jan 12 2023, 02:22 PM

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QUOTE(cybpsych @ Jan 12 2023, 01:52 PM)
remember to do some blinking or minor head movement to show you are a living person  biggrin.gif
*
dance the macarena or oppa gangnam style XD

This post has been edited by wongmunkeong: Jan 12 2023, 02:22 PM
wongmunkeong
post Jan 13 2023, 12:17 PM

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QUOTE(harmonics3 @ Jan 13 2023, 12:10 PM)
doh.gif So no more online SSPN Prime withdrawal?  Which are the "ATM terpilih"?
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if Bank Islam's <--> PTPTP SSPN didnt change - just open a Bank Islam a/c, link your ATM card to SSPN & from then onwards, can withdraw online via Bank Islam's website. Note - cost $0.50 though XD

This post has been edited by wongmunkeong: Jan 13 2023, 12:17 PM
wongmunkeong
post Jan 14 2023, 07:38 AM

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QUOTE(MGM @ Jan 13 2023, 10:27 PM)
My sspn deposit via Shopeepay on 1/1/23 still not updated, and it is already 13th. WTF ranting.gif
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#metoo XD
wongmunkeong
post Feb 2 2023, 11:35 AM

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QUOTE(cybpsych @ Feb 2 2023, 11:28 AM)
what if he want to re-deposit less than what was withdrawn? and then still get tax reief?
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forbidden magic, the wraiths from the deep (LHDN) will seek and pull his/her soul into the abyss laugh.gif
wongmunkeong
post Dec 8 2023, 11:00 AM

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QUOTE(weidasdnbhd @ Dec 8 2023, 10:19 AM)
See your comment and fast fast perform a sspn prime withdrawal transaction via Bank Islam online banking. Yes, same error code. Haven't try bank Islam ATM transfer or withdrawal. Need to see if other people also report same issue here.
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tested 20231208 10:50am+, several times with different amounts - same issue/error message, even for a "low" $30K
wongmunkeong
post Dec 8 2023, 03:01 PM

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QUOTE(beLIEve @ Dec 8 2023, 02:36 PM)
Shouldn't have done that. Easier way is just to check your SSPN balance and you still get that error. So it's nothing to do with the amount.
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i did log into SSPN's website b4 executing with Bank Islam. No issues getting data/login into PTPTN's SSPN website

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