Yes

If both husband and wife filed separate tax then yes it is possible to open one SSPN account for each under the same child. In this case both are eligible to claim for 6k relief.

just done my top up of in the branch using bigpay. gotta show the promo flyer in ptptn website only they believe it is a prepaid/debit card. i was the first in the branch who used bigpay. on the receipt from the terminal, it shows debit mastercard.

Buka account + penambahan deposit in 2018	RM6,000
Pengeluaran deposit in 2019	(RM5,000) withdraw after tax filed - after May 2019
Penambahan deposit in 2020	RM6,000
Simpanan bersih in 2020	RM7,000

Am i entitled 6k tax relief for year 2020?

Based on my understanding, if you skip 2019, then your tax relief for year 2020 will be reset so you should be able to get RM6K tax relief.

I stand corrected if there's anyone with hands-on experience on this.

EDIT: In case you don't know, SSPN 2019 max tax relief is RM8K.

This post has been edited by talexeh: Dec 31 2018, 03:47 PM

i also pay 18k, topup 10k end of the month after statement date.

go to PTPTN counter in Mid-Dec, pay 10k then immediately top up another 8k and pay the remaining.

Thanks for shed some light.
I do aware max. tax relief is RM8k for year 2019.
Anyway, await hands-on experienced sifu to confirm.

you can only claim for tax relief for the year that you have deposited FRESH fund

i go branch and try to withdraw.
staff ask me to wait till after 15 Jan, because sspn is updating data.
Is this normal?

Every beginning of the year they have this update so it's normal.

I don't remember how long it takes them to update.

Do we actually get any dividend if we keep the money there?

yes,..check this....

http://voyager8.blogspot.com/2018/02/ptptn...d-for-sspn.html

Wondering how their dividend calculated ansnis there any cut off date.. For example if we deposit at year end and dividend declared and payout in feb .. Then we fully wothdrawn in full.. If the dividend will be pro rate number of days deposited in year 2018?

while waiting for responses....
I will go with that.....

ibwonder is ptptn is a good platform for savings for kids

our gomen not stable n country econonic not ok

then tht day ptptn boss take out one mill to donate zakat

Following your logic, I guess you gotta liquidate all your Bursa holdings, withdraw all your FDs & maybe start stockpiling breads?

Everything comes with a risk. If you have no confidence with SSPN, all you have to do is withdraw your everything out & park the fund somewhere else. Some of us just want to get the tax relief while some looked forward to the 4% return.

oo.. twx relief?

Read the first post?

You just come into the thread for....? Info all provided already, and SSPN tax benefit is the most 'famous' reason for it to exist.

Hi, anyone try to withdraw recently? Any issue encounter?