teach us sifu

noob question from me...and i may have missed the info:

how to link BI to sspn account....must be via ATM or online banking can do also ?

thank U for the heads-up, Rapple

SSPN tax deduction max is 8k. If I've 2 kid and have opened 1 account for 1st kid, withdrawn back. Can I open new acc for 2nd kid and only need to bank in 8k to be entitled for tax deduction 8k next year?

Hi all. A question for those who are claiming RM8000 income tax relief. I want to ask about the situation below:

2018 - Withdraw rm20K. Deposit RM10K. No tax relief allowed since withdrawal more than deposit
2019 - Withdraw RM0. Deposit RM8K. For year 2019 can I obtain RM8K tax relief, although for 2018 the nett deposit is -RM10K?

Not sure already ask by others ppl or not (Pls dont shoot me )

Tax relief RM 8000 in SSPN is

a.  Total RM 8000 deposit for all my children ?

      OR

b.  Each of my children have to deposit RM 8000 ?

Thanks a lot     

For SSPN-i plus,

If there are no claim and reach the age of 66 then will the account holder get any maturity benefit/cash value?

I noticed there are fees charged for Yuran Wakalah - 5% and Cukai Setem - 10%. Is it an one-off from our first deposit amount to the takaful or it is charge monthly from each deposit?

I am a bit confuse that so forumers will deposit RM 8K lump sum for tax relief. How does the amount allocate for saving and takaful? Does the extra amount also can earn dividend?

Since there is no compound interest/dividend on the saving account, does that mean we can deposit 8k in January, withdraw 8k in February, top up monthly based on the package we selected and then top up 8k on December again, in order to earn the yearly dividend, get tax relief and also serve the package we selected?

Does it worth to have the insurance feature (SSPN-i plus)?

To get the full dividend, we need to deposit the money in January and maintain it till the year end or we can deposit it in January and withdraw full/partial then deposit back before/on 31 December?

To get the tax relief, is it every year we need to place deposit and minus any withdrawal to get the final year end balance for that year?

How about the scenario below:
Jan 2020    deposit RM 8k
February    withdraw RM 8k
December  deposit RM 8k

Can I still get the tax relief of 8k and full dividend for year 2020?

ok, how about the dividend and the tax relief question. Do you mind share to me?

it has changed to tax rebate instead of tax relief now?

er.. thought it was tax relief, ie. xx% of RM8000,
not RM8000 knock off against tax payable - didnt know it has changed

wanna ask if base on this example, money reflect in 5th, then on 16th money out. still entitle 1 month interest? that's a steal!!

oh...thanks for the info 
not sure other bank have the same service?

That's the intention of Gov? To get more tax from tax payer.