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 Skim Simpanan Pendidikan Nasional (SSPN), can we invest in it without having kids?

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alesi616
post Nov 24 2017, 04:25 PM

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Joined: Mar 2008
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?

 

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