Withdrawal of savings can only be done after one (1) year of saving in the SSPN. The withdrawal of 10% of the balance in the account or RM500 (whichever is lower) once annually is allowed (after one year of becoming member).

try to break down that statement into shorter one ....then I think it would be easier to "see"

1) Withdrawal of savings can only be done after one (1) year of saving in the SSPN.

2) The withdrawal of 10% of the balance in the account or RM500 (whichever is lower)

3) once annually is allowed (after one year of becoming member).

easier to see right? now which question you don't understand?

looks like they are related to Q1?)
"cannot do withdrawal within 1 yr after having joined as a member?"

I think I read before....
some says...if not for the tax saving or if the tax saving is not substantial...try not go into SSPN.....
for there are other better returns investment vehicle due to the long investment duration