Dear all
I am quite puzzled with the interest rate (dividend) announced for 2014. It was announced to be 4.25%, but when I checked back the latest statement, I am only getting something like 1.68% for the amount I have deposited until 31 Dec 2014. How about your dividends? Thanks in advance for any input.

Dear Mum
Baki Awal 1 Jan 2014  RM1550
Baki AKhir 31 Dis 2014 RM 4500
Dividen 1 Jan 2015 RM 83.76

I made the deposit regularly from time to time.
Hence the dividend is something like 83.76/4500= 1.86%
Correct? Please correct me if I am wrong.
Thanks again.

is this going to make a difference?
I thought it is the annual contribution that matters, regardless of it being 250x12, or 3000x1 or 300x10....
again I may be totally wrong
please correct me and I apologize deeply for my ignorance.

I see...
if this is the case, the dividend is even less than 1%?

It's 4% only... did you had any deposits from 1-Jan to 31-Dec 2015 ?

need advice. let say i hav 6k, so d last date i can put in sspn to b eligible for income tax relief is 30december 2016? n d earliest day i can withdraw is 3january 2017? tq

1 question, the tax relief is only eligible if open for kid?

Can a individual without kid open and enjoy the tax relief?

good also lar - see the reports on non-collectable / non-payments also scary..
1 more year, then close accounts.. $3K relief not worth the worries

Got account maybe can continue buy, new member still can Buy Sspn?

http://www.ptptn.gov.my/web/english/faq-en...sspn/withdrawal

What's the withdrawal process for this? ANytime can withdraw our entire SSPN fund ka?

not subjected to taxes.....
btw, where did you learnt about the taxes?

Last time when log in, the option for  "statement for income tax purpose" is shown but now that part is replace with a JomPay option.

SSPN-i statement in which part indicated declaration of income tax? i can't find the word in the statement.
1. BAKI AWAL PADA 1HB JANUARI 2017  :  xxx
2. SIMPANAN/PENGELUARAN BERSIH SEHINGGA FEBRUARI 2017  :  0.00
3. SIMPANAN MELALUI FPX  :  0.00
4. BAKI SIMPANAN PADA FEBRUARI 2017  :  xxx

there is no statement or description that - "PENYATA RINGKASAN AKAUN SSPN UNTUK PELEPASAN CUKAI". Is that statement is enough to declare with "PENYATA RINGKASAN AKAUN SSPN UNTUK PELEPASAN CUKAI"?

Hi, how much the latest tax relief annually could we gain?

Just open and account, deposit fund for max relief then generate statement for tax relief and withdraw the amount for other investment, does this work?

Total RM 12k.
6k by deposit
6k by monthly installment (Insurance thingy)

anyone know usually when they announce the interest rate of the year?

thanks bro, just want to confirm, 2017 tax relief for sspn still valid for 6k or changed to 3k ?

How to check total balance statement online?  for PTPTN account
only can see tax statement end of  the year

Post #80
hi all,

Is this doable?

1. On Nov/Dec 2017, I go deposit 6k SSPN for my child. (so that can get 6k tax relief in taxable year 2017).
2. On Jan 2018, I go close that SSPN account and take out all the 6k, and go invest something else.

Question:
1. Can I close the account and withdraw all the $$ in such short time frame?

Actually I just interested on the tax relief, after close account  i can use that 6k to invest into vehicle that gives me much higher return.