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SSPN, Skim Simpanan Pendidikan Nasional
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lowyat101
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Dec 9 2022, 09:10 AM
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Just to update on the withdrawal timing for non-BI account, for those who is not aware of it. Applied for withdrawal on 6/12 morning, received email from BI informing the transfer instruction on 8/12 afternoon, and money in by late night of 8/12.
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lowyat101
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Dec 29 2022, 10:36 AM
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Seems that the online withdrawal function is currently not available?
Deposited some amount last week and wanna withdraw before the year end but seems that it's not possible now.
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lowyat101
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Dec 29 2022, 10:47 AM
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QUOTE(Barricade @ Dec 29 2022, 10:41 AM) Yup now cannot. That's why i ensure the account is ngam ngam tally one week before 31st of Dec. I see, too bad then. So I guess 1 week before EOY should be quite safe ya?
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lowyat101
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Dec 29 2022, 10:49 AM
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QUOTE(guy3288 @ Dec 29 2022, 10:44 AM) Yes done mine, prior to that i withdrew in advance, then slowly put back to reach 8k tax relief This seems to be a good strategy, withdraw all at the beginning of Dec then only slowly topup
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lowyat101
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Jan 3 2023, 12:07 AM
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Hi sifus, would like to ask about the ganjaran, if it's going to be available again this year.
Based on last year's program, it started sometime in Feb until April. Assuming it's the same for this year, if I withdraw the all the balance now and then only deposit it when the program starts, will all the amount be qualified for it? Or it's based on the net deposit for this year?
Thanks
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lowyat101
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Jan 3 2023, 11:37 AM
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» Click to show Spoiler - click again to hide... « QUOTE(magika @ Jan 3 2023, 10:57 AM) Need to maintain at least RM20 or account will be suspended. Withdraw all before ganjaran is announced and all deposit is eligible. QUOTE(LostAndFound @ Jan 3 2023, 11:00 AM) Withdraw all but RM20 to maintain account. Then everything you deposit back when ganjaran period announced. It will earn because their time period for ganjaran is from day announced, not from start of year. But if you close your account then of course cannot. OK noted with thanks. And also in order to get the Dec dividend, I shall only do the withdrawal on the 6th of Jan right? Thanks
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lowyat101
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Mar 14 2023, 08:46 AM
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QUOTE(coolguy99 @ Mar 14 2023, 08:41 AM) I am new to SSPN. While waiting for the govt to clarify if the tax relief is going to be extended to year 2023, I have a few questions in mind. On the 8k tax relief, the tax relief that you are going to get is the net deposit for that year? Let's say I made a withdrawal of 8k on Jan 2023, does that mean that I need to deposit 16k on Dec 2023 to qualify for the full 8k tax relief? yes
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lowyat101
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Mar 28 2023, 09:31 AM
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QUOTE(Amanda85 @ Mar 28 2023, 08:35 AM) Hi, all this talk about withdrawal, may I know does it affect the tax rebate we collected for the past few years? Someone told me there is this clause that said we need to retain the money inside, or else the LHDN can demand back the tax relief claim?? I didn't know anything about the fine print. interested to know who's the "someone", if it's from sspn staff then we'll need to go read all the T&Cs already
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lowyat101
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Mar 29 2023, 06:28 PM
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QUOTE(nexona88 @ Mar 29 2023, 05:35 PM) 16k to get the tax relief 🙏 just for my understanding, is it only 16k this year? or last year's total balance + 8k extra?
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lowyat101
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Mar 29 2023, 06:43 PM
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QUOTE(nexona88 @ Mar 29 2023, 06:32 PM) just dump 16k can "kaotim" already  want dump more extra... your choice  haha do you mean the online form will auto detect 8k net deposit?
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lowyat101
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Mar 30 2023, 08:23 AM
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» Click to show Spoiler - click again to hide... « QUOTE(yamatotrading @ Mar 29 2023, 11:00 PM) Yeap, regardless of age, as long as balance MYR1million above, it is a saving account already. Can online withdrawal somemore. Thanks for highlighting of MYR60k a year, good enough la.. haha. Can diversified into EPF (use like a saving account) once hit balance MYR1milion. https://www.kwsp.gov.my/member/withdrawals/...rm1mill-savingsjust to clarify, any other T&Cs for this? e.g. limits per month or per year? also the link is saying about any amount, anytime, but your previous post mentioned about minimum 50k per withdrawal. would like to clarify about this 50k limit as well thanks
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lowyat101
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Apr 4 2023, 06:01 PM
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since the ganjaran is coming, is it still ok to withdraw the balance now and put in later after the ganjaran starts?
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lowyat101
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Apr 5 2023, 03:01 PM
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today is 5th of the month, so if i deposit today, will still be able to get this month's dividend + qualify for the ganjaran bonus right?
thanks
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lowyat101
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Apr 5 2023, 03:05 PM
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also I have made a withdrawal on the 31/3 but it's not reflected in the online account yet. hope that this will not affect the qualification for the 1% ganjaran since the withdrawal will only be reflected after 5/4.
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lowyat101
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Apr 5 2023, 03:33 PM
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QUOTE(BeadsCrazee @ Apr 5 2023, 03:26 PM) Sekiranya pendeposit membuat penambahan simpanan pada akaun yang layak GK, tetapi penerima manfaat telah mencapai/ melebihi umur 29 tahun, adakah pendeposit layak mendapat GK? TIDAK LAYAK, ini kerana mengambil kira polisi Simpan SSPN bahawa sekiranya penerima manfaat telah mencapai/ melebihi umur 29 tahun, pendeposit hendaklah membuat penutupan akaun atas nama penerima manfaat tersebut. Not sure if i interpret this term correctly, but i think i can't get the 1% because i (pendeposit=penerima manfaat) am over 30 yo u deposit to your own account? or your kid's account?
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lowyat101
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Apr 5 2023, 03:38 PM
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QUOTE(BeadsCrazee @ Apr 5 2023, 03:35 PM) My name is listed there. i got 2 accounts, mine opened within 2004 to 2019, my kid's open in 2020. If i deposit to my own acc, i wont get it according to that term. If i deposit to my kid acc instead, that acc was opened in 2020 so i assume cannot get it too i think you are correct but have you tried to key i your ic number to check? the system will tell you for sure if you are eligible or not. no need to read all the t&c if you are not
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lowyat101
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Apr 10 2023, 09:06 AM
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my withdrawal on 31/3 has been show as 10/4 on the PTPTN portal. seems that this will affect the ganjaran qualification.
anyone else has the same problem?
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lowyat101
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Apr 10 2023, 09:17 AM
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QUOTE(poweredbydiscuz @ Apr 10 2023, 09:08 AM) thanks, i saw the post also but that was before the withdrawal was officially shown on the statement. but now since it's clearly stated as 10/4 so it could change the status. anyway i have also dropped a case at the e-aduan portal. let's see later what's the reply. those who's having the same issue, pls also send them e-aduan so that they can take the action faster
This post has been edited by lowyat101: Apr 10 2023, 09:20 AM
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lowyat101
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Apr 10 2023, 11:04 AM
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» Click to show Spoiler - click again to hide... « QUOTE(talexeh @ Apr 10 2023, 11:02 AM) PTPTN FB agent said tough luck.  ya if based on that susah lah but pls also make a complaint at their e-aduan portal. the more comments, then maybe they can do something This post has been edited by lowyat101: Apr 10 2023, 11:06 AM
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lowyat101
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Apr 10 2023, 11:31 AM
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QUOTE(talexeh @ Apr 10 2023, 11:26 AM) Question is, have you really received the amount you withdrew? I haven't receive mine & there's no email about the incoming fund like the one I usually get. i think will get this evening
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