wanna ask, i've SSPN account last time when applying PTPTN but the account left there inactive for like 4 years now. I'm able to login just now and the account is still valid. However, the beneficiary name is my name though. Means that the money i deposit is just for my future study use?

What do u expect?

Just bring mykid or birthcert

I thought I can start saving for my kids in the future.

You have to open using your kid birth cert

Just the mykid & birth cert is okay

Kids not even born yet?

Kids need to be born from Day 1 onwards

---> Penerima manfaat mestilah berumur antara 1 hari sehingga sebelum mencapai umur 29 tahun;

URL: http://www.ptptn.gov.my/web/guest/syarat-s...an-akaun-sspn-i

This post has been edited by David83: Jun 9 2017, 10:16 AM

inside the form "Butir-Butir Waris Terdekat" Who should I put? myself ? since I am the "pendeposit"?

Alright thanks for the info!

anybody deposit using online method before?

I do it every year using FPX.

once upon a time, I have to find parking by going round and round Maybank to deposit cash using counter. Yes, have to queue up some more! Those were dark times....

Now I just use JOMPAY and happy happy boy I am .

Xuzen

Cool.. Thanks for feedback

But if need goodies.. Guess have to go pay by cash..

I need clarification on the tax incentive.
Both my wife and I are working, and both of us have income that qualifies for tax.
I just opened an SSPN account for my newborn daughter, with me as the depositor.
If I deposit money in the SSPN account, am I the only one who can get the tax incentive?
If my wife wants to get tax incentive, she needs to register as a depositor too?

This post has been edited by imnotabot: Aug 4 2017, 06:27 AM

yea, bear in mind, 6000 tax incentive is net deposit.




https://sspniplusonline.ptptn.gov.my/sspnip...e/?id=000006121

This post has been edited by Sunny zombie: Sep 5 2017, 09:26 PM

the account statement will show your name and not your kids name. so only you entitle for tax relief

I opened SSPN account this May under my father's name cuz I still haven reach 18. Why some people have SSPN card and some don't have like me? Also where can I withdraw money and close account?

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?
2. If can do, will my 6k tax relief still valid?

Wonder if they'll continue the tax relief with the change of government? Should be, right?