4%...when will credit into account? i just login, didn't stated yet.

Dividend is credited.

cant load https://epay.ptptn.gov.my/saving/sspnlogin.html

thanks

ya, dividend just in.
just asking anyone of you has already withdraw money from SSPN-i account?

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

Question is when you put in 12k?

Dividend is prorated.

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?

Only net savings is given tax relief.

Sorry noob here. What is mean by net savings? Means need increase and cannot put in take out and re put in?

Deposit minus withdrawal = Net savings

try this....
hope it helps to answer some of your questions...
http://www.nbc.com.my/blog/faq-rm6000-tax-...cation-savings/

Thanks. Mean no trick can use to gain the tax rebate

Got, you just add 6k a year for a few years. After 4 years you have 24k + interest, you withdraw all, so that year you don't get rebate. Then the next year you start another 6k.

You skip one year of rebate, gain back liquidity. Since 4% isn't too bad I think just leave there better.

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?

This post has been edited by fkinmeng: Feb 20 2017, 12:50 PM

Yes. So don't bother putting in 6k in 2nd year. Either put 12k or don't put in.

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.

Najib so smart make us no choice but invest every yr.

Apasal bring up Najib... savings is a good thing, whether its savings in account under your name or tax savings. Ini pun nak komplen?