Oh.. so for 2014 still got RM6K relief la.. that is great!

Lets say if my children goes to oversea university, that time I can request to withdraw 100%?

Yup if children got university/College offers. Not sure about Overseas university offer

Guys, if I already have a SSPN account and would like to add money into it, possible?

Yes

Y u dun qualify?

From YA 2012 to YA 2017

The tax relief is till 2017 only?

Yup

i also cannot, not married, no children

Single oso can open a/c n njoy yearly dividend

sorry, can someone guide me how to apply for SSPN? Thanks guru!

Read post # 150.

hm? can?

http://savemoney.my/skim-simpanan-pendidikan-nasional-sspn

'Ultimately, it all depends on you, but if you do not have a beneficiary, you won’t be eligible for the income tax relief'

i dont have children, who should be the beneficiary ya?

oh i think you mean i can open an account, but cannot get tax relief, just get dividend right?

Yo self

Yes

historically the dividend around 2-4%, not very high actually

Past 3 yrs range from 3.75 - 4.25 which is consider gud

Wah, Single can also open SSPN account. I tot only those with children can open it. Because I saw the application form. It's bit complicated & got child information need to fill. Later I go open the account

but, is it the money inside only can used for 1 yr tax relief?

if want another yr, need top up the amount?

and yet, the dividend din't chip in also.....

The amount you deposited can only claim tax relief for that year, one time only.
E.g. Deposited RM3k in 2013, entitled for tax relief for 2013 year of assessment only.
To claim for tax relief again in 2014 year of assessment, need another deposit any time in 2014.

Correct, dividend cannot be used for tax relief.

This post has been edited by tbheng: Apr 29 2014, 02:01 PM