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 SSPN, Skim Simpanan Pendidikan Nasional

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SUSyklooi
post Feb 27 2022, 01:16 AM

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QUOTE(MGM @ Feb 27 2022, 01:08 AM)
Is KDI Kenanga Digital Investing?
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i highly think it is a YES...
SUSyklooi
post Apr 20 2022, 02:35 PM

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Wow!, if so simple can know who the details of nominees and change nominee...
😬😅 Anyone one of the "wifes / mistresses" can do wonders.... 🤑🤑
Just a thought


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SUSyklooi
post May 17 2022, 06:56 AM

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QUOTE(LostAndFound @ May 17 2022, 06:17 AM)
No one knows would this change later.

But more important question is - why should it ever be a problem to accept money from other account? Does your other bank savings account only accept transfer from account in your own name?
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Just a note, I was told,
My account with Affin asset investment does not accepts money from 3rd party transfer...
Does not accepts cheque issue to them by my friend for investment made in my account.
FPX transfer need to be from my bank account that had been registered with them.

SUSyklooi
post May 17 2022, 02:47 PM

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QUOTE(LostAndFound @ May 17 2022, 02:36 PM)
Not sure if anyone noticed the words "savings account". Neither of your examples are savings accounts or even current accounts. Investment accounts have different requirements.
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i was refering to this 1st part of your post,...
"But more important question is - why should it ever be a problem to accept money from other account? "

the 2nd part would be "Does your other bank savings account only accept transfer from account in your own name?

This post has been edited by yklooi: May 17 2022, 02:49 PM
SUSyklooi
post May 17 2022, 04:06 PM

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QUOTE(LostAndFound @ May 17 2022, 03:28 PM)
Literally the same paragraph and point though. SSPN is Skim Simpanan Pendidikan Negara. It is a savings account, simllar to your bank CASA (and not the same as your FSM or investment accounts). So why should it be a problem to accept money from other account? The question is not a separate point.
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Then should not hv 2 questions.
Anyway if you insist that they are not separate,... Then forget about my post lor
SUSyklooi
post May 17 2022, 06:49 PM

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QUOTE(chiacp @ May 17 2022, 06:43 PM)
If I have already maxed out my epf contribution,  are there any advantages investing in fixed deposits compared to sspn prime?
The monies in SSPN is Government guaranteed and last year interest is 3% which is better than any 12 month FD rates available now.
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SSPN if you deposit it under your child... You will get tax relief.
You can still deposit it under your own account for the rate benefits over fd but without the tax relief

SUSyklooi
post May 17 2022, 09:22 PM

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QUOTE(chiacp @ May 17 2022, 08:38 PM)
Why would anyone bother with FD then? Even if I don't have any children,  it's much better than FD.
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Some just want to be able to know the rate in advance, thus they go for FD...
Some just scare that they may revert back to the old withdrawal condition without notice.

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