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 SSPN, Skim Simpanan Pendidikan Nasional

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Mervin1234
post Aug 27 2019, 09:49 AM

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Hi im new with SSPN-i, i just register an account for my son and for tax deduction purpose.

Sorry if this questions have been ask before by others.

1. how much tax relieve max for 1 year ?
2. can i pay using credit card ?
3. what is the best time to deposit to enjoy the dividen ?
4. should i deposit monthly/quarterly or lump sum ?

Thanking in advance for answers.

Mervin1234
post Aug 27 2019, 10:22 AM

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QUOTE(mikeeeee @ Aug 27 2019, 10:00 AM)
1. This year 8k
2. Kennot, if wanna earn point can use bigpay
3. The earlier u deposit, the higher the amount for the dividend. Its prorated.
4. makes no difference for tax deduction purpose, deposit as an when u want to. Just make sure u max out the amount before new year.
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Thank you for the answers, its really helpful.
Mervin1234
post Sep 6 2019, 11:26 AM

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Just want to confirm if Boost can be used to pay for SSPN-i ?

I tried but transaction failed. Anyone knows why ?
Mervin1234
post Sep 6 2019, 04:19 PM

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QUOTE(LostAndFound @ Sep 6 2019, 02:41 PM)
Definitely can. But no one can read your mind to tell you why yours fail. I've deposited my sons' SSPN-i repeatedly over past few months
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I have just added my SSPN-i account to boost today, maybe they need time to verify first ? or

Im trying to test to deposit Rm10.00 and my available is currently 16.00, maybe my available is to low ?

Does boost have a customer service number i can call to clarify with them ?
Mervin1234
post Sep 6 2019, 04:48 PM

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QUOTE(lyc1982 @ Sep 6 2019, 04:42 PM)
May I know under which section in Boost to perform this top-up to SSPN account ?
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You can find it under "pay bill" then go to "add new bill account" then choose "PTPTN SSPN", add in your account number and you can start making payment.
Mervin1234
post Sep 12 2019, 12:08 PM

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QUOTE(jefftan4888 @ Sep 11 2019, 03:21 PM)
I think splitting your payment/deposit into RM10 is a bad idea. Each deposit you got to pay RM1 service charge. Can you cover your service charge with the shake reward? Also, the tax relief for 2019 is 8k. How many times you want to deposit?  sweat.gif  hmm.gif  rclxub.gif

My recommendation is each time deposit RM101 with mission CB + shake CB.  tongue.gif
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what is mission CB ?

im planning to deposit in 3,000 this month, so if i were to put 101 each time, i have to do it 30 times. also i notice that i need to use up the boost mission credit to start the mission, i have only 14 credits. how to get more credits ?
Mervin1234
post Sep 12 2019, 01:18 PM

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QUOTE(jefftan4888 @ Sep 12 2019, 01:00 PM)
CB = cashback

They are only limited missions available for SSPN deposit every month. I think only each “Pay 400” & “Pay 200” available every month. So you have to schedule your deposit every month. Unless you don’t mind to deposit without any mission.
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Thanks for the reply. I dont have enough boost coins to activate the mission, the 400 require 20 coins and 200 requires 10 coins sweat.gif
Mervin1234
post Sep 12 2019, 02:09 PM

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QUOTE(jefftan4888 @ Sep 12 2019, 02:00 PM)
Luckily I have collected 800+ coins during the top up mission time.
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wow thats alot thumbup.gif
Mervin1234
post Sep 12 2019, 02:18 PM

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for the boost shake, how is the reward calculated ? anyone knows ? is it the more you spend per transaction, the more the rewards you get ?

lets say i make a payment of Rm500, how much reward will i get back ?
Mervin1234
post Sep 12 2019, 03:34 PM

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QUOTE(G.Loomis @ Sep 12 2019, 02:47 PM)
i use this apps pay RM100 bill every month. shake got 3,5, highest is 10  tongue.gif
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ok, good to know
Mervin1234
post Sep 12 2019, 04:03 PM

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what you guys suggest, to top up 100 for 15 times or 1,500 at one go ?

i still cant find the logic to this, if i do it 15 times then the charges for transaction is 15, not sure the boost shake can cover the cost.

if i do it 1,500 one go, then transaction charges is 1 only.

?????? need advise from sifus.
Mervin1234
post Sep 13 2019, 09:34 AM

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QUOTE(saitong09 @ Sep 12 2019, 07:41 PM)
15x, definitely earn more than 1 go
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ok, thanks panda.
Mervin1234
post Sep 13 2019, 02:15 PM

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user posted image

Guys, for the account holder name, is it the parents name or the child name to be filled ?
Mervin1234
post Sep 17 2019, 11:41 AM

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does the interest/dividend payout consist of the fresh 8k quote for yr 2019 ?

i got 960 dividend on 01/01/19. Do i just top up the balance 7,040 or 8,000 ?
Mervin1234
post Sep 17 2019, 02:10 PM

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QUOTE(MUM @ Sep 17 2019, 01:12 PM)
You need to put on 8k to qualify for 8k tax relief.
If you put in 7040 you will qualify for tax relief of 7040.
The penyata perlepasan cukai from sspn shows clear details of the sumbangan bersih that qualify it.
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thanks for the info.
Mervin1234
post Oct 4 2019, 02:39 PM

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QUOTE(mikeeeee @ Oct 4 2019, 01:22 PM)
I just tried again, still kennot login sad.gif

Want to topup also kennot
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same here, till now cannot login.
Mervin1234
post Oct 24 2019, 12:36 PM

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QUOTE(putra23 @ Oct 22 2019, 02:53 PM)
The RM400 bill payment to get  Mission reward RM5 requires 20 coins...
Not enough coins.... haiz... Would need many times 20 coins for total RM8,000. Any suggestions?
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you can only participate in the 400 bill payment once...even if got many coins also no use cool2.gif
Mervin1234
post Oct 24 2019, 12:39 PM

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QUOTE(putra23 @ Oct 22 2019, 02:53 PM)
The RM400 bill payment to get  Mission reward RM5 requires 20 coins...
Not enough coins.... haiz... Would need many times 20 coins for total RM8,000. Any suggestions?
*
i would suggest that you spend 100 to get the 15 coins and save up on coins first.

then wait till next month and see what mission suit best for you.

note: you can only use 4,500 in boost, so you cant pay sspn 8,000 in 1 month, have to split to 2 month.
Mervin1234
post Nov 11 2019, 04:13 PM

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QUOTE(mephyll @ Nov 11 2019, 04:08 PM)
2019tax relief rm8k or rm6k?
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8K
Mervin1234
post Nov 25 2019, 03:44 PM

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Got a questions,

i have been putting into sspn-i for the last 3 years including this year. i am planning to withdraw all if possible by Jan 2020.

1. Can i withdraw all ?
2. how much balance do i need to have in order to get the dividend ?
3. how to i link my bank islam account with sspn ?

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