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 SSPN, Skim Simpanan Pendidikan Nasional

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avinlim
post Dec 13 2019, 09:43 AM

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Sspn-i check balance site down?
avinlim
post Dec 16 2019, 08:13 AM

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To be simple, balance end of the year - balance at the beginning of every year = the amount u can claim tax relief for the year.

Bal 31Dec - Bal 1Jan = Amount can claim tax relief.

* Assuming not transaction on both dates.

This post has been edited by avinlim: Dec 16 2019, 08:15 AM
avinlim
post Dec 16 2019, 11:49 AM

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QUOTE(alexanderclz @ Dec 16 2019, 11:31 AM)
managed to open BSA from Bank Islam. Was told got one time RM12 debit card fee, but yet to see it.

link it to ATM by inserting IC and SSPN number, and voila. transferred some of it to my BSA with charge of RM0.50.
*
got 2 option for BSA. One with fees, one without fees.
avinlim
post Dec 16 2019, 11:53 AM

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QUOTE(alexanderclz @ Dec 16 2019, 11:50 AM)
yes just to add on, i opened BSA without annual fee. but the guy told me for one time rm12 debit card charge, though i haven't seen it.
*
i open and ask for no fees, no kena charge a cent.

my fren open, and no tell which one. bank open with annual fees RM12, terus charged. deduct from account. doh.gif doh.gif doh.gif
avinlim
post Dec 16 2019, 11:59 AM

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QUOTE(balf @ Dec 16 2019, 11:58 AM)
With bank islam BSA, can we perform online fund transfer between BSA & SSPN?
*
cannot bro. need to go ATM do.
avinlim
post Dec 16 2019, 12:27 PM

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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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This bank is way better lo...BSN doesnt even have INSTANT transfer at their online banking yet. lol



QUOTE(MGM @ Dec 16 2019, 12:07 PM)
So withdrawal via Bank Islam is thru ATM, with 50sen fees if withdrawal done via MEPS ATM.
Same for Bank Rakyat?
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QUOTE(balf @ Dec 16 2019, 12:12 PM)
let say if i dont want to withdraw cash, just want to move the SPN fund to BSA, can i do this with ATM?
I dont want to withdraw it then use CDM to deposit to BSA again, sounds stupid.
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yes, 50sen each transaction. either ATM transfer to BSA or withdrawal, withdraw cash only RM1500/time. Direct to bank limit is 30k if no mistaken.
avinlim
post Dec 16 2019, 05:27 PM

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QUOTE(skty @ Dec 16 2019, 05:13 PM)
i still see some website telling people that they can get tax relief if they save up money in their own SSPN-i account.  doh.gif
*
actually how is the kid account got relief for us?

during register, we register using kid IC? then put as penjaga?


avinlim
post Dec 17 2019, 08:03 AM

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QUOTE(cybpsych @ Dec 16 2019, 06:01 PM)
https://www.ptptn.gov.my/esmas-open-acc-web/#/openAccount

account is opened under Pendeposit (depositor). you need to enter the details for Penerima Manfaat (beneficiary) --- for your kid or yourself.

FAQ >> https://www.ptptn.gov.my/faq-simpanan-side/faq-sspn-i

23. Siapakah yang layak mendapat insentif pelepasan taksiran cukai pendapatan?
Ibu bapa dan ibu bapa angkat/ penjaga yang sah dari segi undang-undang yang menyimpan dalam akaun SSPN-i untuk manfaat anak diberi pelepasan taksiran cukai pendapatan sehingga maksimum RM8,000.00 setahun berdasarkan jumlah simpanan bersih tahun semasa.

Kategori kelayakan adalah seperti berikut:

Taksiran Berasingan : Pelepasan taksiran cukai pendapatan sehingga maksimum RM8,000 SEORANG setahun.
Taksiran Bersama : Pelepasan taksiran cukai pendapatan sehingga maksimum RM8,000 setahun.

Individu yang menyimpan untuk diri sendiri TIDAK LAYAK untuk mendapat pelepasan taksiran cukai pendapatan.

*
Means to be eligible for tax relief, example,

I (father, A) open account using my IC as Pendeposit (depositor), and put my son B as beneficiary to get tax relief?

or I need open account using my son, B IC as depositor, and put myself as beneficiary?
avinlim
post Dec 17 2019, 08:17 AM

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QUOTE(louis198920 @ Dec 17 2019, 08:12 AM)
Depositor - the one who deposits money (aka father/mother)
Beneficiary - the one who receives the money (aka son/daugther)
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QUOTE(cybpsych @ Dec 17 2019, 08:12 AM)
follow the form. flow is clear.

the account would be opened under Pendeposit.
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okok. what if I already have account(individual, no tax relief) under my own name.

After have children, can open again another account with my IC again but add child as beneficial?

scare later cannot get tax relief, and money stuck at child IC account. laugh.gif laugh.gif
avinlim
post Dec 17 2019, 08:26 AM

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QUOTE(louis198920 @ Dec 17 2019, 08:24 AM)
Your own account cannot tax relief saja. The account with your child as beneficiary eligible for tax relief.
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yes, i know that.

If got 3 children, means can open account 3 times, with my IC?
avinlim
post Dec 17 2019, 08:46 AM

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QUOTE(cybpsych @ Dec 17 2019, 08:27 AM)
can  biggrin.gif

1 depositor -> 1 beneficiary only

multiple depositors (no limit) -> 1 beneficiary
4) Setiap pendeposit hanya boleh membuka satu akaun untuk penerima manfaat yang sama.

7) Pendeposit yang berbeza boleh membuka akaun SSPN-i bagi penerima manfaat yang sama dan tiada had bilangan akaun bagi setiap penerima manfaat.

*
ok. more less know the thg ady, just need do actual work to understand better. tq
avinlim
post Dec 17 2019, 04:49 PM

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QUOTE(swn525 @ Dec 17 2019, 04:32 PM)
thanks, i just need walk in bank islam to open saving account?

by the way, any minimum amount requirement, keep SSPN-i account remain active?
*
RM20.
avinlim
post Apr 8 2020, 10:25 AM

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No charges for SSPN direct to bank....lets see how.
avinlim
post Apr 8 2020, 10:39 AM

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QUOTE(Barricade @ Apr 8 2020, 10:34 AM)
I rather pay RM0.50 and get the money instantly from BI.

Anyway nice features for those who doesn't have BI or don't mind to wait.
*
Now mco, I dont want to risk my chance of getting covid19 at bank ATM. So just give it a try on the new services. biggrin.gif biggrin.gif
avinlim
post Apr 8 2020, 03:53 PM

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QUOTE(extinct_83 @ Apr 8 2020, 11:31 AM)
Now can withdraw to Account easily through BI online  banking - just that it charge RM 0.50
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Can do at BI online now? I not aware of this. Is the transfer instant?
avinlim
post Apr 8 2020, 08:58 PM

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QUOTE(Barricade @ Apr 8 2020, 05:52 PM)
For RM0.50 you can calculate until like that? 😣

I think the time you took to write that long essay above, if you spend that energy on something productive maybe you can earn more?  🙄
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don like that..haha..

This is the fun part of this forum, we have all the experts to explain from A-Z.

Appreciation~ thumbsup.gif thumbsup.gif
avinlim
post Aug 2 2021, 09:24 AM

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QUOTE(smartfreak @ Aug 1 2021, 03:53 PM)
Just tried, it show "Opps, the product is not available for now. Please try it later" when I try to pay.
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It happens since yesterday till today. Seems like another lubang gonna close soon.
avinlim
post Aug 2 2021, 10:57 AM

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QUOTE(Barricade @ Aug 2 2021, 10:53 AM)
That's quick. Just few months only. This is what happens when people abuse the system.
*
Not really abuse la...got limit. 5k/mth. Now like all lubang close ady. Any other way can share daikor? pm.

This post has been edited by avinlim: Aug 2 2021, 11:06 AM
avinlim
post Aug 2 2021, 11:41 AM

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QUOTE(tan_aniki @ Aug 2 2021, 11:19 AM)
can pay sspn d at shopee
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QUOTE(MGM @ Aug 2 2021, 11:30 AM)
So it is just a hiccup.
*
rclxm9.gif rclxm9.gif rclxm9.gif
avinlim
post Aug 5 2021, 09:27 AM

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QUOTE(xeon1989 @ Aug 4 2021, 11:45 AM)
I think i saw someone mention the SSPN withdrawal to local bank takes 2 - 3 days.

I tried to do the same on 30-Jul, but until now still no news.
SSPN Online shows status "Selesai".
Could it be the first withdrawal will take time, or it's normal to take this long?

Edit:
Ok... 3 min ago i receive an email said that IBG transfer approved. I guess asking in forum did help.  blush.gif
*
30 is Friday. So you probably will get on Monday/Tuesday. They dont work on weekend.

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