When me and my wife realized only 1 to claim, both also giving up FA2025. You claim laaaa, you claim laaaa you always complaint deductible not enough leh. You claim you claim

One shot deposit can get Umbrella from agent? Not bad deal

No take out money.
Just early put 8k on my side. then only know can claim either me or wife.
but this year need claim from my wife side. so may take out and put to wife side.
me this year earn a little.

This post has been edited by Wolgie: Dec 11 2025, 05:53 PM

to topup or to skip 1 year
just take out calculator and see

i skip 1 year i rugi RM2000+ to taxman
i borrow 200k topup interest only FRM600+

borrow money to topup is better right?

Ohhh correct also. Actually depends on your tax bracket.
But why your interest so low gehhhh. is it back calculated from loan/FD interest or something?
I also want to borrow money with that interest
Oh per month interest? x12 becomes per annum

Perhaps just borrow for a week or so?
In in end Dec and out on early Jan?

I thought your always borrow with zero interest? Heheeheh

true

that interest free money if i dont put here
it can earn some interest somewhere right?...

...apa nama...opportunity cost ?

wanna do last minute top up this year.. normally i will top up in the end of Nov so i at least get the entire December interest but this round i am thinking of going last minute as my money work better else where..

any idea when is the last day to top up? I am using FPX saja
scare system down then GG

Usually max 8k are most people deposit to get max tax relief.

So this 8k (that you wanted to put in sspn) will earn how much money daily from somewhete else? ( the place where your put that money that earned more than sspn?)

A rough estimate, a 15% pa roi of 8k is abt 3.30 daily....
3 days is abt myr10.

Would one bet a myr10 just by not depositing it earlier against a missed opportunity to get tax relief for the year?

Thus I would just deposit on Monday 29 Dec or earlier just incase system down

This post has been edited by MUM: Yesterday, 09:39 PM

then when is best time to take out?

For me,
If can get much better roi outside, then i would withdraw as soon as the platform allows next year and channel it to that platform.

I'm at the stage it's more leceh to move so much funds out that get the extra percentage of returns that I'm planning to keep everything in sspn. The tax relief is more than enough to cover anyways.

SSPN return 4% + 4.6% from tax relief.

That depends on how much in sspn, and the capped tax relief amount.

Yes. If returns become too little & the savings become too big to move up & down (needing multiple days of transfers) then the wise option is to stop contributing for that one year and putting that 8k aside for next year to "refresh" the entire process

this cycle is now my 6th year
i never stop it before
now i am at 50k++ so is quite painful
i dont really know if it will refresh as since i started this approach i never have any gap year
those who are familiar pls share

suggestion to you: dont stop

treat the 50k+ as emergency savings lor

withdraw only when govt stopped sspn tax relief for dumbfounded stupid reasons

Yea, actually was wondering any "safe" investment that make the effort worth it. ASM like 4-5%, then most Digital bank ~3-4% some below that, so is the effort worth the extra 1-2%


How do you withdraw? Are you using the app? I know app can do like 1K each time, but how long is the process?

This post has been edited by jasontoh: Today, 02:35 PM

yes if one has few hundreds k in sspn and another only has ten thousands or so in sspni
to qualify for RM8k tax sure tak sama kira....