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 SSPN, Skim Simpanan Pendidikan Nasional

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talexeh
post Mar 8 2022, 11:03 AM

One man's meat is another man's poison.
*******
Senior Member
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QUOTE(btslee @ Mar 8 2022, 10:52 AM)
aiya, just don't understand some.. no one gets a medal for being the smartest here. ular menyusur akar tidak akan hilang bisanya
*
I mean I can understand if it's /k/ but this is financial forum. When I post questions here, I would expect answers from those who owns the same product as I do so that I can make better decision.

It's not about being smartass or not but rather, are you in the right position to dispense advice when you have 0 experience with said product.

At this rate, this is no different from those aunties uncles who simply forward unverified COVID info on WhatsApp because "they heard".

I'll stop here since this isn't going anywhere anyway.
talexeh
post Jan 16 2023, 11:13 AM

One man's meat is another man's poison.
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Reading through the 2022's ganjaran kesetiaan FAQ page, can I confirm that if I have 2 accounts (one opened in 2018 & another in 2020), only deposits that went into the 2018 account are calculated for the 1% reward?

I understand that no withdrawal can be made on both accounts during the campaign duration.
talexeh
post Jan 16 2023, 12:44 PM

One man's meat is another man's poison.
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QUOTE(magika @ Jan 16 2023, 12:03 PM)
Correct
*
Thanks for the confirmation. Trying to be fair to both kids so guess I'll withdraw from both accounts, park all into first kid's account when ganjaran kesetiaan starts & then once it's over, redistribute back according to the state they were on 31-DEC-2022 with the 1% rewards pro-rated.
talexeh
post Jan 16 2023, 04:55 PM

One man's meat is another man's poison.
*******
Senior Member
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Joined: Dec 2007



QUOTE(magika @ Jan 16 2023, 01:25 PM)
All the money both accounts belongs to you and not the kids.
*
Technically it's my money but it's meant for their future education so yea.

QUOTE(magika @ Jan 16 2023, 01:25 PM)
Use will to reallocate. Each accounts not equal ?
*
Not equal since I only open the account when the kid popped out.

QUOTE(magika @ Jan 16 2023, 01:25 PM)
You lose at least a month interest not taking into account the first withdrawal. Its better to temp parking at kdi for daily interest.
*
You mean I should wait until at least the news about the ganjaran is released first? Any thread about this kdi that you're referring to? Would certainly love to read more about it.

EDIT: OK, found some discussion about KDI in this thread & I understand it is now. Thanks.

This post has been edited by talexeh: Jan 16 2023, 04:57 PM
talexeh
post Jan 17 2023, 10:28 PM

One man's meat is another man's poison.
*******
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Joined: Dec 2007



QUOTE(effectz @ Jan 17 2023, 10:16 PM)
Campaign already start 1 Jan right?
*
Pretty sure you're mistaking the ganjaran kesetiaan campaign for something else.
talexeh
post Jan 18 2023, 09:21 AM

One man's meat is another man's poison.
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QUOTE(effectz @ Jan 18 2023, 09:17 AM)
Then it's not the same thing we were discussing LOL.
talexeh
post Jan 23 2023, 11:18 AM

One man's meat is another man's poison.
*******
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QUOTE(AhBoy~~ @ Jan 22 2023, 11:42 PM)
seems like new myptptn cannot withdraw money anymore.

So only way to withdraw is to open a bank islam account?
*
At this point, no one can give you an answer since there's so much ambiguity. Someone here contacted PTPTN CS & was told that the new MyPTPTN will not be replacing the old sites with ptptn.gov.my domain so take what you read here with a pinch of salt for now.
talexeh
post Jan 29 2023, 10:32 AM

One man's meat is another man's poison.
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QUOTE(commonsense @ Jan 29 2023, 10:21 AM)
for 2023, sspn still have tax rebate?
*
Budget 2023 yet to conclude so no one can give you an answer at the moment.
talexeh
post Feb 1 2023, 12:26 PM

One man's meat is another man's poison.
*******
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QUOTE(virtualgay @ Feb 1 2023, 11:46 AM)
can someone enlighten me
i did use the keyword search function but i still dont understand how the Tax Relief works with SSPN

i normally deposit like RM500 per month for my kids and this has been on going since 4 years ago

i deposit without fail, every month 1st of the month sure RM500 i bank in through FPX

but now i need to withdraw money out but i am also worried that it will impact my tax relief

i dont understand the term "nett" deposit must be 8k

now my son account has like 14k and the last i deposit RM500 was on 1st Jan 2023

so if now i withdraw all 14k for emergency use and then i deposit back RM8k in the month of July do i still entitle for the tax relief?

because if the word "Nett" means if i withdraw 14k then i must put back 14k + 8k to entitle for full 8k tax relief

i am totally confuse
*
If you can't cough up that 14K back to SSPN by this year, might as well forgo this year's tax relief. In fact, in case you're unaware of, this year's tax relief for SSPN is non-existent since Budget 2023 has yet to be approved.
talexeh
post Feb 1 2023, 03:40 PM

One man's meat is another man's poison.
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QUOTE(ronnie @ Feb 1 2023, 01:45 PM)
the old portal says moving to MyPTPTN, thus i ask the above question.

It seem today not a good day to register... encountered system errors...
*
Not sure how true the below quote is:
QUOTE(LostAndFound @ Jan 13 2023, 03:15 PM)
Still can't eKYC. Chat with PTPTN live chat they say need to go to physical branch to verify. Stupid thing is when I ask why can't just use the current page they said it won't be close down, we can just continue to use the current sspnlogin page as before. Dunno whether misinformed or miscommunication.

EDIT: On further chat - its the lovesspn website which will be shut down. Our current login link at https://www.ptptn.gov.my/saving/sspnlogin.html is under ptptn website, will still be available for use.
*
talexeh
post Feb 13 2023, 04:18 PM

One man's meat is another man's poison.
*******
Senior Member
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QUOTE(snimple @ Feb 13 2023, 03:11 PM)
Any idea how to make withdrawal from the myptptn app?
*
You can't, at least at the moment.
talexeh
post Feb 14 2023, 06:13 PM

One man's meat is another man's poison.
*******
Senior Member
3,085 posts

Joined: Dec 2007



QUOTE(ronnie @ Feb 14 2023, 02:42 PM)
agree !! this are leeches who use the loophole of the system and cause the honest savers of SSPN to lose the benefit in the future.
*
Wow... no rules were broken & no one is playing any hanky-panky either so why label people doing legit things as leeches?
talexeh
post Feb 16 2023, 10:49 AM

One man's meat is another man's poison.
*******
Senior Member
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Joined: Dec 2007



QUOTE(iamtheone2020 @ Feb 16 2023, 10:40 AM)
Normally how many years that accout must be active in order to participate in ganjaran setia?
*
Last year it was available for those who opened account prior to 31-DEC-20189 so if there's one this year, it should be open for those who opened an account before 31-DEC-201920.

EDIT: Accidentally added a year.

This post has been edited by talexeh: Feb 16 2023, 12:05 PM
talexeh
post Feb 16 2023, 12:04 PM

One man's meat is another man's poison.
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QUOTE(tan_aniki @ Feb 16 2023, 11:30 AM)
https://lovesspn.com/wp-content/uploads/202...-2022_FINAL.pdf

sorry lo, every year till 2018 only
i also wish they increment every year but no luck for those open after 31/12/2018
*
Welp, my mistake with the year. Ganjaran Kesetiaan 2022 was available for those that opened account before 31-DEC-2018. Ganjaran Kesetiaan 2021 was open for those that opened account before 31-DEC-2017.
talexeh
post Feb 17 2023, 08:17 AM

One man's meat is another man's poison.
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QUOTE(guy3288 @ Feb 17 2023, 12:24 AM)
belum start lagi
wait for announcement 2.3.2023
*
Ooh... you have insider news again since you're able to pinpoint a specific date?
talexeh
post Feb 20 2023, 09:45 AM

One man's meat is another man's poison.
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QUOTE(lovelyuser @ Feb 20 2023, 08:16 AM)
Means now need to withdraw all account balances 1st?
*
No one can tell you what's the best next course of action. Do at your own risk.
talexeh
post Feb 21 2023, 10:48 AM

One man's meat is another man's poison.
*******
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Joined: Dec 2007



QUOTE(guy3288 @ Feb 20 2023, 10:00 PM)
my CB  will kena tarik balik...
*
Wait, how does SSPN deposit gives you cashback? Or rather, how does SSPN withdrawal cause you to lose cashback?

This post has been edited by talexeh: Feb 21 2023, 10:49 AM
talexeh
post Feb 21 2023, 12:36 PM

One man's meat is another man's poison.
*******
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Joined: Dec 2007



QUOTE(LostAndFound @ Feb 21 2023, 11:50 AM)
SSPN staff who 'claim' your deposit (based on evidence you send them e.g. receipt of payment) it will count toward their KPI. Previously there were some who would reward loyal depositors by giving a cashback to them in exchange for reporting via that staff.

So for example I deposit 50k, I send my deposit receipt to the staff and that staff report as their KPI that they manage to obtain deposit of 50k. No idea how much they earn for that in their KPI.

But rules have changed, some time ago one of the regular SSPN staff I use for deposit inform me HQ no longer allow cashback to be given to depositor by the staff, only those gifts (umbrella, tabung etc). Also more recently, SSPN has limited the staff KPI achievement for the specific case where depositor deposit money and withdraw within same month. If there are staff which still secretly giving cashback, it makes sense that one of the condition would be 'no withdrawal in that month', since that directly impacts the amount they receive.
*
Ahh OK, I wasn't aware there was such under-table reward. biggrin.gif
talexeh
post Feb 25 2023, 09:23 AM

One man's meat is another man's poison.
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QUOTE(MUM @ Feb 24 2023, 11:00 PM)
I could be wrong, ...I think
That was in the "old" touchpoint...by the "old" FM
(Not yet approved by the parliament/cabinet as they were disolved before approval.)

46pages 529kb
https://www.google.com/url?sa=t&source=web&...te3J_rNVJEDKqph
Page 8 of 46. (Attached image)

I think the new latest touchpoint
44 pages, 868kb
https://budget.mof.gov.my/pdf/belanjawan202...-touchpoint.pdf
*
Ouch, the way you place the image under the new touchpoint got my hopes up. sweat.gif

This post has been edited by talexeh: Feb 25 2023, 09:28 AM
talexeh
post Feb 27 2023, 10:05 AM

One man's meat is another man's poison.
*******
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Joined: Dec 2007



QUOTE(frankzane @ Feb 27 2023, 07:47 AM)
Where to check the statement?
*
https://www.ptptn.gov.my/saving/sspnlogin.html

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