can enlighten me on how you deposit into EPF ?

so by using M2U....can be unlimited deposit into EPF ?

i didn't know that..i thought only PCB (salary deduction + employer  contribution) allowed

so by using M2U....can be unlimited deposit into EPF ?

i didn't know that..i thought only PCB (salary deduction + employer  contribution) allowed

max RM60K self contribution per year for EPF. But honestly, SSPN tax relief + 4% dividend + 1% bonus not bad also, at least you can withdraw it during emergency... EPF higher dividend but harder to withdraw.

Both have pro and cons...

Until 30 Apr (Thu), you will still eligible for 1% Bonus.
The Bonus will be deposited in mid of Jun.

Say deposit RM4K, 1% bonus = RM40.

ha-ha...if those that see it the way you see it,...then for RM8000 deposited during the campaign period will get max of RM80 + tax relief = >10% pa ROI 

T&C applied. Yes, get 1% for the deposit amount that you deposit during the campaign period.
For instance, I deposited RM8K on 28 Feb 2019 (last year), I got 'free' RM40 (0.5% bonus only last year) deposited into my account on 21 Jun 2019 (about 2 months after end of the campaign period).

T&C:-

Ganjaran Kesetiaan SSPN-i 2020
05 Februari 2020
 
SSPN berbesar hati memperkenalkan Kempen Ganjaran Kesetiaan SSPN-i 2020 sebagai tanda penghargaan kepada semua pendeposit yang setia membuat simpanan dan kekal bersama SSPN-i.

Pendeposit SSPN-i yang memenuhi syarat kelayakan akan menerima Ganjaran Kesetiaan sebanyak 1% atas simpanan yang dibuat dalam tempoh kempen.

Tempoh kempen bermula dari 05 Februari 2020 sehingga 30 April 2020.

Syarat-syarat kelayakkan adalah seperti berikut :

1) Terbuka kepada pendeposit yang membuka akaun SSPN-i sebelum tahun 2017.

2) Membuat penambahan simpanan terkumpul sekurang-kurangnya RM500 pada akaun yang layak (tidak termasuk dividen tahun semasa) tanpa ada pengeluaran daripada mana-mana akaun di bawah pendeposit yang sama dalam tempoh kempen.

Pemberian Ganjaran Kesetiaan ini adalah secara automatik dan akan dikreditkan ke dalam akaun SSPN-i pendeposit yang layak dalam tempoh DUA (2) BULAN selepas tamat tempoh Kempen.

Teruskan kesetiaan anda bersama SSPN untuk terus menikmati pelbagai manfaat dan ganjaran istimewa yang berterusan.

Semakan Pendeposit Program Ganjaran Kesetiaan SSPN-i 2020 | Terma & syarat | Soalan lazim
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Did you read T&C? Limited to RM8k only.

But yes, if you deposit RM8k you should get RM80.

If you've withdrawn after the start date (within the past week) then no longer qualify according to T&C. Any withdrawal within the dates will disqualify.

I haven't done withdrawal yet so will just hold on till end April.

The amount 8k obviously refers to deposited amount not interest amount. Meant to match up to the amount for tax relief, and identical to last year's limit of 8k (rm40 interest)

just a note from this FAQs

3. Soalan : Siapakah yang layak untuk menyertai kempen ini?
Jawapan : Kempen ini adalah untuk pendeposit SSPN-i yang mempunyai akaun dan memenuhi kriteria berikut:-
i. Membuka akaun SSPN-i sebelum tahun 2017;
ii. Akaun yang masih aktif pada 01 Januari 2020

8. Soalan : Berapakah nilai Ganjaran Kesetiaan SSPN-i yang ditawarkan di dalam kempen ini?
Jawapan : Kadar Ganjaran Kesetiaan SSPN-i adalah sebanyak 1% atas simpanan yang dibuat dalam tempoh kempen.
Kadar ini merupakan kadar tambahan ke atas kadar dividen tahunan yang diberikan oleh PTPTN.

https://lovesspn.ptptn.gov.my/images/fail_c...etiaan_2020.pdf

For SSPN withdrawal via BI, I am able to do it via online banking and transfer it to my BI savings acc, do not even need to head to ATM.

There is a charge of RM0.50 per withdrawal of course

log in Bi --> drop down funds transfer --> select sspn-i --> trasfer type:- 1) sspn-i to own BI / 2) 3rd party account / 3) sspn-i a/c / 4) sspn-i 3rd party account

4 options to choose from

T&C applied. Yes, get 1% for the deposit amount that you deposit during the campaign period.
For instance, I deposited RM8K on 28 Feb 2019 (last year), I got 'free' RM40 (0.5% bonus only last year) deposited into my account on 21 Jun 2019 (about 2 months after end of the campaign period).

That's why doesn't make sense.

Anyway how you going to get 5 accounts? Unlike the misguided post above me says, it's counted by account holder. So if you open one account for each of your 5 kids you only get 1 reward (at whatever the cap is).

The only way is for you and wife to each open an account for kids. So 5 accounts needs 5 adults. Not 5 kids.

Wow, you have 4m of FD?

If you have emptied or withdraw from your account before, you still eligible? Lol

Just reread the tnc. All these while i thought it says no withdrawal at all from account commercement.

Still not eligible for me since i open on 2018

wait, sspn no more accept credit card?

Saw here say can check eligibility of kempem kesetiaan online, how?

Logged in website yestersay, see nothing

PTPTN offers parents up to RM8K in tax relief privileges under the SSPN.
This is one of the main motives for me to invest in SSPN.
In return, you can save the relief $ ($8K x say 25% = $2K) in other investment too.
When your kid at age 18, actually, your SSPN investment return is about 5.8% annually on top of automatically an education fund for your kid.