When you deposit RM500, govern will deposit RM500 to your kid account aged 7-12 only.

Hi..guys.. sspn recently sms regarding "loyalty dividend of 0.5% " if deposit rm500 b4 april 31.. my question is

1) the 0.5% is paying for the 2019 rm500 new deposit only  / Or 0.5% calculated upon rm500 + all saving amount in my sspn account deposited over years?
read page 73, 74 or 75
https://forum.lowyat.net/topic/1819492/+1460

2) i see my sspn yearly dividen is about slight over 3% only over these couple years
page 72, post 1428
https://forum.lowyat.net/topic/1819492/+1420

Hmmm... if take that money put into FD will yield higher interest compared to this 0.5%. Then later put into SSPN.

1. I saw previous posts saying if deposit end of the year and withdraw early of next year eligible for tax relief, is it still the same now?
see post 1202, page 61?

https://forum.lowyat.net/topic/1819492/+1200
2. Anywhere i can see previous years interest given out?
Historical SSPN-i dividend payout rate is as below:

http://voyager8.blogspot.com/2018/02/ptptn...d-for-sspn.html
3. I saw above mentioned SSPN-i comes with insurance, is it a must? or any way NOT to get it?
see the differences....
https://financemalaysia.blogspot.com/2018/0...sspn-i-and.html
4. Anywhere i can compare differences between SSPN vs SSPN-i (if still available) ?
cannot confirm, but looks like they added i (for internet) and obsolete the non i type

Is there still tax exemption of 6K by deposit SSPN for 2019? Meaning claim income tax in 2020..

Quick question on the RM8k tax relief for 2019. If I deposit RM8k end of Dec 2019 also entitle for tax relief right? Reason is I am still earning FD interest of 4.38% if I don't deposit now.

hye if im single and i just want to opeen sspn for tax relief is it possible ?

i dun need the sspn i plus

hye if im single and i just want to opeen sspn for tax relief is it possible ?

i dun need the sspn i plus

no im not a guardian
so that means i cant enjoy the sspn tax relief ?

If no anak sendiri then how ar ? Belum ada

For those already open SSPN account, can withdraw through online or counter ? What is the procedure required ? Anybody withdraw before ?

hey guys, I wanted to know too if whether can withdraw from SSPN and the procedure and conditions?

Withdrawing Your Money
Unfortunately, withdrawing money from your SSPN account is not a simple task! Unlike normal savings accounts, SSPN has very strict rules when it comes to withdrawing your money. Depositors can only withdraw their money once a year, and the maximum amount that is allowed to be taken out is only RM500 or 10% of your total savings.

alright, I found the answer from google and they required lots of gov doc to withdraw which I found in their sspn website... happy new year.

hi, i believe i can withdraw all the fund deposited with SSPN before year 2020 and only maintain the RM20 to to be kept in the account for activation purposes
however, will it affected my 2020 tax relief from LHDN i.e. RM8k deposited on dec of 2020?
Thanks

thank MUM
I am not keen to deposit any amount for claim tax relief in Y2021 but just worry if I withdraw all (but to maintain RM20 later for applying the PPTN) now i.e.Y2021 May, will it affect my  claim tax relief RM8k deposited on Y2020

thank you MUM, I got the point
so withdraw all (bal RM20) will not affected my tax relief (under B) to this account on Y2020
no issue for no tax relief claim for this account on Y2021 because I will deposit RM8k to another account for tax relief claim, I have 3 kids

Hi, may i know how to add another kid (beneficiary) under my name? Can I do it online?