then how come for 2 years straight LHDN requests for my sspn statements for audit purpose ?

but someone said sspn is linked with income tax shown on BE form...so why lhdn needs the proof again ?

so might as well don't link it at all, no ?

in the end still need to go thru the hassle of printing the sspn statement every single year to show proof to lhdn

same here

not updated on sspn still...

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

point taken on the withdrawal at 60yo

i didn't know can top-up by M2U with a annual limit of 60k...


dang i have missed out for all these years

EPF got > 1 millions <--- this i only knew today when chatting with my friend

dem..i have missed out this few years

and the 60k is extra on top of the "company + employee" contributions somemore

epf yields higher dividend than sspn !!

noob question from me...and i may have missed the info:

how to link BI to sspn account....must be via ATM or online banking can do also ?

thanks !

another question...both sspn and BI accounts must be under same name ?

better withdraw from sspn and dump inside epf...

assuming you have more than 1 mil in epf

actually epf in long run...yields higher return than sspn give below conditions:
- if you single without kid
- extra fund that you don't need urgently

assuming you are talking about same year 2020...if you wanna be eligible for sspn tax relief:
- keep the 8k in 1st kid account
- deposit fresh 8k in 2nd kid account

Or

don't withdraw at all

This post has been edited by lyc1982: Mar 5 2020, 04:34 PM

erm...i did say year "2020", didnt I ?

but i am no expert lah



either way...in order to be eligible for the tax relief, must be fresh fund for that particular year

This post has been edited by lyc1982: Mar 6 2020, 05:34 PM

let say i don't need sspn for tax relief purpose...

issit wise to withdraw all from sspn, and put into epf / asm etc ?

appreciate sifu's advice

assume my epf > 1 mil, the remaining balance can be withdraw

so still advisable to withdraw all from sspn ?

appreciate those who withdraw directly from sspn website can update us here on the progress...

because i have no BI account...so i wanna see whether is it necessary to register a new BI account just for this purpose

and i wanna avoid going to bank during this trying times

directly via sspn ?

any update on this ?

money already revert to sspn account ?

does it have to be BI account ?

because the drop down list has all the banks

This post has been edited by lyc1982: May 16 2020, 09:12 PM