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 SSPN, Skim Simpanan Pendidikan Nasional

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MGM
post Nov 17 2019, 10:14 AM

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QUOTE(ktyong123 @ Nov 17 2019, 09:31 AM)
i withdrawed sspn-i fund from ptptn counter. the counter girl said need to wait 14 business days to reach my bank account.  is it really need to wait that long time?
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That is their standard reply, normally only take couple of days.
But if withdraw btw 1st-7th of the month(for system maintenance??) will probably get it on 8th-10th.
MGM
post Dec 6 2019, 12:09 PM

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QUOTE(firee818 @ Dec 6 2019, 11:54 AM)
Yes, dividend is qualify for tax deduction.
I ignore dividend just for the sake of simplicity in computation.

Thanks for confirmation.
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QUOTE(lyc1982 @ Dec 6 2019, 11:57 AM)
is dividend considered qualify for tax relief ?

so that means sumbangan bersih = RM8k - dividend for that year ?
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Previously yes, but few years ago, it became NO.
MGM
post Dec 9 2019, 09:00 PM

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I am on level4 and so far I have been getting 0,1.5,2 & 4 times of coins until today when I used the rm500 mission to pay sspn and voila get 7000 coins.
MGM
post Dec 9 2019, 09:33 PM

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QUOTE(saitong09 @ Dec 9 2019, 09:19 PM)
14x points?
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I think so, was too happy when I got it and quickly redeemed it without checking how many times. After that quickly bought rm20+rm30+rm30.

This post has been edited by MGM: Dec 9 2019, 09:34 PM
MGM
post Dec 10 2019, 07:55 PM

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QUOTE(saitong09 @ Dec 10 2019, 07:21 PM)
If you want fast, do it at PTPN counter. Should be around 2 working days
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Or withdrawal via Bank Islam or Rakyat ATM method.
MGM
post Dec 11 2019, 07:01 AM

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QUOTE(ktyong123 @ Dec 11 2019, 05:54 AM)
Bank rakyat really can link with SSPN-i?  thinking of going to open an account with them.
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Myself I haven't done it but someone did mentioned got problem with one of d 2 banks I mentioned.
MGM
post Dec 16 2019, 12:07 PM

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QUOTE(avinlim @ Dec 16 2019, 11:59 AM)
cannot bro. need to go ATM do.
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QUOTE(balf @ Dec 16 2019, 12:02 PM)
lolz they offer us a simple way, but the "way" was built just a half  mad.gif
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So withdrawal via Bank Islam is thru ATM, with 50sen fees if withdrawal done via MEPS ATM.
Same for Bank Rakyat?

This post has been edited by MGM: Dec 16 2019, 12:07 PM
MGM
post Dec 24 2019, 09:35 AM

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QUOTE(freeman1 @ Dec 24 2019, 09:31 AM)
Ya... 20k income ktards can easily rebate 24%... meaning 24% Ă— 8k = 1.92k refund instantly... plus got 2.5% interest rate somemore... macam durian runtuh...
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What is the 2.5% interest?
MGM
post Dec 24 2019, 12:44 PM

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QUOTE(deejay220989 @ Dec 24 2019, 11:36 AM)
Seems like using Boost to pay SSPN got problem again. Common issue?
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Previously were the same problems happening at the last week of the month?
MGM
post Dec 25 2019, 01:32 PM

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QUOTE(lyc1982 @ Dec 25 2019, 12:57 PM)
if wanna be entitled for interest in 2019, deposit must be done before 15th Dec 2019

the same applies for every year
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Where can I get more info on SSPN interest CALCULATION?
MGM
post Dec 26 2019, 01:59 PM

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To transfer SSPN funds to other bank's account:
1. use ATM & debitcard to withdraw SSPN to BI's account.
2. then use ATM & debitcard to IBG/IBFT from BI's account to say MBB account.
are the above steps correct?
How much is the IBG/IBFT fees?
Funds will be transferred within the same day?
IS there a end-of-year maintenance period where we can't do the above?

This post has been edited by MGM: Dec 26 2019, 03:08 PM
MGM
post Dec 27 2019, 01:26 PM

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QUOTE(uchitech008 @ Dec 27 2019, 11:15 AM)
Bank islam can transfer to saving account. Y not transfer to ur br saving account. Dont need cash out n cash in
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QUOTE(chukahae @ Dec 27 2019, 11:37 AM)
Didn’t know you can transfer without cashing out. Will figure out how to do that at BR atm later. Thanks.

Regardless, you still being charged 50 sen either way right?
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QUOTE(LostAndFound @ Dec 27 2019, 12:04 PM)
Yes, but the limit is different. Withdraw cash max RM1500. Transfer is 30000 or something like that.
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I am thinking of opening both BI & BR accounts so that I have more choices of accessing their ATMs. Can we link our 1 SSPN account to both banks?
MGM
post Dec 27 2019, 03:33 PM

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Was at BI just now n adviced to open Qard Account w rm12 AF but with convenience of Internet banking n free IBFT. No need to use ATM for withdrawal n transfer. Any comment?
MGM
post Dec 27 2019, 04:27 PM

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QUOTE(smartfreak @ Dec 27 2019, 03:51 PM)
Are you saying we can perform online transfer of money in SSPN-i to other bank account using Qard Account?
If yes, I don't mind paying the annual fee for the sick of convenience.
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That is what the bank officer suggested when I insisted on opening a no fee BSA. Going back next Monday to open.
MGM
post Dec 29 2019, 06:12 AM

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QUOTE(talexeh @ Dec 27 2019, 06:31 PM)
You'll not be able to withdraw at all in the first week or so since they'll be doing reconciliation.
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So still can transfer/withdraw out b4 that, til 31Dec?
MGM
post Dec 29 2019, 08:40 AM

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QUOTE(thinkhappy @ Dec 29 2019, 07:40 AM)
Would like to ask about BOOST eWallet Payment to SSPN.

When the payment reflect on the statement does the date follow the exact payment date or the date it process the payment.

E.g. if I make payment today (29-Dec-2019) and it appear on the next working day (30-Dec-2019). Will it show 29-Dec-2019 as payment date or 30-Dec-2019 is the payment date?

If is follow the payment date then we should not need to worry as long as we make the payment from boost before 31-Dec-2019.
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Date shown is 29Dec.
MGM
post Dec 29 2019, 09:45 AM

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QUOTE(wym6977 @ Dec 29 2019, 08:59 AM)
If request transfer out at counter, cannot already as they stop the service since 24.Dec...
May be those have BI account still can transfer out by ATM.. hmm.gif
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Yes wanted to know too.
MGM
post Dec 30 2019, 01:56 PM

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QUOTE(MGM @ Dec 27 2019, 03:33 PM)
Was at BI just now n adviced to open Qard Account w rm12 AF but with convenience of Internet banking n free IBFT. No need to use ATM for withdrawal n transfer. Any comment?
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QUOTE(MGM @ Dec 27 2019, 04:27 PM)
That is what the bank officer suggested when I insisted on opening a no fee BSA. Going back next Monday to open.
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QUOTE(LostAndFound @ Dec 27 2019, 04:35 PM)
I doubt it will be able to do withdrawal/transfer FROM SSPN.

In fact I don't think Bank Islam staff know much about SSPN. What he is telling you is probably internet banking/free IBFT for your Bank Islam account.

For me I have an easily accessible Bank Islam ATM in my regular route, so no issue. Anyway how often will you be withdrawing?
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Went to another BI branch and managed to open a no-AF BSA and with Internet Banking. U r right must use ATM for withdrawal/transfer from SSPN.
MGM
post Dec 30 2019, 06:11 PM

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QUOTE(MUM @ Dec 30 2019, 06:05 PM)
And lost the sumbangan bersih value for this year?
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Actually, lose 2 days or 1 month interest on the withdrawal amount?
MGM
post Dec 31 2019, 05:45 AM

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QUOTE(wym6977 @ Dec 30 2019, 11:14 PM)
Did you manage to do withdrawal by ATM?
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I didn't tried that cos realised dividend will be paid out tomorrow. Instead I was eager to find out if can withdraw via Internet banking but could not find the function.

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