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 SSPN, Skim Simpanan Pendidikan Nasional

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MUM
post Nov 30 2019, 10:49 AM

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QUOTE(JoeK @ Nov 30 2019, 09:34 AM)
You're doing it for the tax relief?

I'm dumping few k in sspn to so i can claim tax relief next year.
Just dump before end of the year lol
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rclxms.gif welcome to the parenthood world thumbup.gif 0
chding
post Dec 1 2019, 10:09 AM

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First time topup using boost but I have encountered unknown error
saitong09
post Dec 1 2019, 10:27 AM

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QUOTE(chding @ Dec 1 2019, 10:09 AM)
First time topup using boost but I have encountered unknown error
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Make sure the account # is correct
aliluya
post Dec 1 2019, 12:16 PM

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the tax relief for sspn saving for kid education is how much amount ar?
cybpsych
post Dec 1 2019, 05:36 PM

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QUOTE(aliluya @ Dec 1 2019, 12:16 PM)
the tax relief for sspn saving for kid education is how much amount ar?
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https://www.ptptn.gov.my/pelepasan-taksiran...kai-sspn-i-side
aliluya
post Dec 1 2019, 09:16 PM

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QUOTE(cybpsych @ Dec 1 2019, 05:36 PM)
thank you. i saw somewhere mentioned 6k, just to reconfirm.
cybpsych
post Dec 1 2019, 11:00 PM

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QUOTE(jefftan4888 @ Nov 12 2019, 01:42 PM)
user posted image
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QUOTE(aliluya @ Dec 1 2019, 09:16 PM)
thank you. i saw somewhere mentioned 6k, just to reconfirm.
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cklimm
post Dec 2 2019, 07:17 AM

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Eh guys, is there any downtime between sspn and bank Raykat atm?
I found sometimes can withdraw sspn from atm, but now cannot
avinlim
post Dec 2 2019, 08:06 AM

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For tac relief purpose, I need to open acocunt for my kids one?

then the kid's account can be linked to my BI account?

how this thg work?
LostAndFound
post Dec 2 2019, 08:46 AM

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QUOTE(cklimm @ Dec 2 2019, 07:17 AM)
Eh guys, is there any downtime between sspn and bank Raykat atm?
I found sometimes can withdraw sspn from atm, but now cannot
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Yesterday night Bank Islam can. Today I think got some issue as I'm unable to deposit as well.
MUM
post Dec 2 2019, 10:58 AM

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QUOTE(avinlim @ Dec 2 2019, 08:06 AM)
For tac relief purpose, I need to open acocunt for my kids one?

then the kid's account can be linked to my BI account?

how this thg work?
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I think since the parents are the "Pendeposit"....it will link to the "Pendeposit" and not link to the kid's bank a/c
talexeh
post Dec 2 2019, 11:20 AM

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QUOTE(avinlim @ Dec 2 2019, 08:06 AM)
For tac relief purpose, I need to open acocunt for my kids one?

then the kid's account can be linked to my BI account?

how this thg work?
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Technically that SSPN account still belongs to you so yea, you can definitely link it to your BI account. After all, when you withdraw it, it's not like you're required to bring your kid or his / her NRIC along.
mickeysew814
post Dec 2 2019, 11:24 AM

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hi. is the withdrawal easy? wont be take long time to approve right?
talexeh
post Dec 2 2019, 11:24 AM

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QUOTE(mickeysew814 @ Dec 2 2019, 11:24 AM)
hi. is the withdrawal easy? wont be take long time to approve right?
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Easy peasy. Just head over to PTPTN office with your NRIC, fill up a form & wait a few days.
mickeysew814
post Dec 2 2019, 11:26 AM

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QUOTE(talexeh @ Dec 2 2019, 11:24 AM)
Easy peasy. Just head over to PTPTN office with your NRIC, fill up a form & wait a few days.
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good to know it. thanks. gonna pump money.
MUM
post Dec 2 2019, 11:33 AM

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QUOTE(mickeysew814 @ Dec 2 2019, 11:26 AM)
good to know it. thanks. gonna pump money.
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if you pump in 8K now and withdraw 8k in Jan 2020 and claim tax in April 2020 for income earned in 2019.

do you have intention to claim tax again in April 2021 for income earned in 2020? hmm.gif
LostAndFound
post Dec 2 2019, 12:02 PM

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QUOTE(mickeysew814 @ Dec 2 2019, 11:24 AM)
hi. is the withdrawal easy? wont be take long time to approve right?
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Link with Bank Islam/Bank Rakyat even easier. No need form, and its just about instant (to a savings account).
mickeysew814
post Dec 2 2019, 01:03 PM

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QUOTE(MUM @ Dec 2 2019, 11:33 AM)
if you pump in 8K now and withdraw 8k in Jan 2020 and claim tax in April 2020 for income earned in 2019.

do you have intention to claim tax again in April 2021 for income earned in 2020? hmm.gif
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At that stage I need to bank in 16k right ?
simonmada
post Dec 2 2019, 01:13 PM

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Hello everyone, anyone knows how SSPN interest is calculated? Is it daily rest?
swn525
post Dec 2 2019, 01:44 PM

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QUOTE(LostAndFound @ Dec 2 2019, 12:02 PM)
Link with Bank Islam/Bank Rakyat even easier. No need form, and its just about instant (to a savings account).
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non-bumi can apply account in bank islam or bank rakyat?

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