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 SSPN, Skim Simpanan Pendidikan Nasional

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rapple
post Jan 7 2017, 10:24 AM

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SSPN Statement for income tax purpose can be generated.
rapple
post Jan 11 2017, 04:44 PM

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QUOTE(jsflim @ Jan 11 2017, 03:25 PM)
once download, I can withdraw my money d?
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QUOTE(echoesian @ Jan 11 2017, 03:32 PM)
Can we withdraw just like that? I thought there is certain condition like if your children go to University?
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QUOTE(jsflim @ Jan 11 2017, 04:07 PM)
not sure, some sifus here said we can withdraw anytime we wish
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Yes. Can withdraw anytime.

Said multiple times already.
rapple
post Jan 13 2017, 01:12 PM

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QUOTE(david_kiat @ Jan 13 2017, 12:45 PM)
I tried to generate the statement for income tax purpose for savings last year.

But it does not have the option for last year's statement and only shown the statement for 2017. Any idea?
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Usually when log in there's an option there but seems like that option got bugged or something because it's missing.


rapple
post Jan 17 2017, 04:11 PM

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QUOTE(spreeeee @ Jan 17 2017, 04:05 PM)
is e-sspn website down?
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use the link above your post.


rapple
post Jan 18 2017, 04:07 PM

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Submitted withdrawal form on 7th Jan (Sat)
Withdrawal reflected on SSPN on 16th Jan
Money reflected in MBB on 18th Jan
rapple
post Feb 3 2017, 03:11 PM

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QUOTE(superhero_123 @ Feb 3 2017, 03:03 PM)
Saw this withdrawal info for SSPN. Is this a new rule? Anyone can clarify?

http://www.ptptn.gov.my/web/english/faq-en...sspn/withdrawal
What are the terms for withdrawal of savings?
Withdrawals are allowed after a period of 1 year upon opening of an account. There are 2 types of withdrawals:


•10% withdrawal of current balance OR RM500, whichever is lower, once a year; OR
•100% withdrawal (termination of account) in the following cases:◦The child is offered a place in any higher learning institution;
◦The child has voluntarily withdrawn from the education system OR has been expelled for a specific reason;
◦Suffering from an illness certified by a doctor as being incurable;
◦Experience total permanent disability as certified by a doctor;
◦Death of the child; or
◦Death of the depositor.
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This terms has always been there.

Edit: If you are looking for the "anytime withdrawal " term then you won't be able to find it. It's not stated.

This post has been edited by rapple: Feb 3 2017, 03:16 PM
rapple
post Feb 3 2017, 03:29 PM

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QUOTE(superhero_123 @ Feb 3 2017, 03:14 PM)
But still can withdrawal all/more than RM500? This term contradict what other say that can withdraw all? Thanks.
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Unfortunately it's not stated anywhere in their terms.

QUOTE(spreeeee @ Feb 3 2017, 03:24 PM)
sspn i PLUS cannot withdraw anytime, right?
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Most probably cannot.

Think SSPN-i Plus is a life insurance + saving product.
rapple
post Feb 8 2017, 07:38 AM

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QUOTE(goatbernard @ Feb 7 2017, 04:32 PM)
SSPN-i statement in which part indicated declaration of income tax? i can't find the word in the statement.
1. BAKI AWAL PADA 1HB JANUARI 2017  :  xxx
2. SIMPANAN/PENGELUARAN BERSIH SEHINGGA FEBRUARI 2017  :  0.00
3. SIMPANAN MELALUI FPX  :  0.00
4. BAKI SIMPANAN PADA FEBRUARI 2017  :  xxx
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QUOTE(T231H @ Feb 7 2017, 06:05 PM)
Does it have an option to select statement for year 2016?
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Last time when log in, the option for "statement for income tax purpose" is shown but now that part is replace with a JomPay option.

This post has been edited by rapple: Feb 8 2017, 07:39 AM
rapple
post Feb 8 2017, 02:46 PM

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QUOTE(MUM @ Feb 8 2017, 07:52 AM)
hmm.gif is it just me or what....?
can't seems to get into the page where I need to view or print out the statement.
anyone got the latest workable link?
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QUOTE(bearbearhong @ Feb 8 2017, 02:22 PM)
cant log in for sspn-i since last week, do they have new website or what  confused.gif
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https://www.ptptn.gov.my/saving/sspnlogin.html
rapple
post Feb 16 2017, 08:04 PM

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Dividend is credited.
rapple
post Feb 16 2017, 08:12 PM

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QUOTE(rapple @ Feb 8 2017, 02:46 PM)
QUOTE(tenchi0205 @ Feb 16 2017, 08:09 PM)
rapple
post Feb 19 2017, 07:05 PM

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QUOTE(kianseong82 @ Feb 19 2017, 04:03 PM)
If anyone know how they calculate the dividend? I hav 12k in my account by end of 31/12/16, but i only manage to get RM240 for dividend this year which mean 2% only. Anyone know why?Thanks
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Question is when you put in 12k?

Dividend is prorated.
rapple
post Feb 19 2017, 08:05 PM

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QUOTE(ic no 851025071234 @ Feb 19 2017, 07:32 PM)
Is this mean I only to have rm 6k in sspn saving every year to get the max tax rebate? Example this yr put 7k then get the rebate and then take out next yr and put again I still get the max tax rebate? No need to increase every yr the savings?
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Only net savings is given tax relief.


rapple
post Feb 19 2017, 08:31 PM

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QUOTE(ic no 851025071234 @ Feb 19 2017, 08:27 PM)
Sorry noob here. What is mean by net savings? Means need increase and cannot put in take out and re put in?
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Deposit minus withdrawal = Net savings


rapple
post Feb 20 2017, 12:55 PM

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QUOTE(fkinmeng @ Feb 20 2017, 12:50 PM)
hi, just want to clarify:

1st year - put in rm6k.
2nd year - get interest for 1st year 6k. withdraw rm6k, put in rm6k on december, account close at end of 2nd year is rm6k.
3rd year - no interest for 2nd year, since nett for 2nd year is rm0.

correct?
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Dividend is prorated.

Tax relief is given on net savings.

Your 2nd year assumption on dividend is right, but you get no tax relief for that YA.

rapple
post Feb 23 2017, 08:47 AM

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QUOTE(david_kiat @ Feb 22 2017, 11:41 PM)
Hi. Is the tax relief statement available now?
What's the link to access?

Otherwise, when it will be available based on past year?
Thank you.
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I've downloaded that tax relief statement in early Jan 2017.

After their "webpage upgraded" that option was not available anymore.

Guess you have to call and check with them.

edit:
QUOTE(rapple @ Jan 7 2017, 10:24 AM)
SSPN Statement for income tax purpose can be generated.
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This post has been edited by rapple: Feb 23 2017, 08:48 AM
rapple
post Feb 25 2017, 09:30 AM

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Attached Image

Semakan penyata cukai starting 1st Mac.
rapple
post Mar 1 2017, 09:37 AM

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QUOTE(enriquelee @ Mar 1 2017, 09:26 AM)
Now the form have a "withdrawal" column to fill up. I think no way we can escape any withdrawal already.
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What do you mean?

rapple
post Mar 1 2017, 09:55 AM

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QUOTE(enriquelee @ Mar 1 2017, 09:50 AM)
New column appear i our tax form which you need to state how much withdrawal you have done on your SSPN for that particular year.
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Not really a new rule.

Tax relief is only given on net savings for the year.

If your withdrawal is more than what you deposited then you wont' get any tax relief.
rapple
post Mar 2 2017, 08:42 AM

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Option to generate Penyata Hasil is up.

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