SSPN (Skim Simpanan Pendidikan Nasional)

Today I went to the bank to apply for an SSPN (Skim Simpanan Pendidikan Nasional) account for Dylan. The scheme was launched on 6 August 2004 but somehow I wasn't interested then. Can't remember why....maybe because I was already saving money in ASB. But just last week, I took a good look at it once again. The magic phrase 'RM3000 tax relief' reeled me in. Plus the free insurance (conditional, of course). I don't think I can get the matching grant.

As usual, I asked the bank officer many questions...some of which she couldn't answer. So she picked up the phone and dialed the SSPN number. Ten redials later and we gave up. I even tried calling on my mobile phone. Not that it made much difference. Then she said,"Government bah kan..?" and looked at me and giggled.

Hmmm....

I looked at my watch and it was only 3.45 pm. Well, nuts to them anyway.

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Update :

It's been two years since I began investing in SSPN and I'm glad to have it as one of the tax reliefs I can get. The interest isn't much but boleh lah... The investing is also fuss-free as I just use Maybank2U.com to transfer the money.

Hope I get the SSPN card soon.

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