Government knows all the pain that every parents is facing thus ….
Government SSPN is giving RM500 for Your Children Savings
Do you know that it’s not easy to raise a child and research has said that raising a child till college will roughly cost you from RM400,00 till RM1.1 million. For a normal family, this would be difficult to get the fund. Government doesn’t want people to rely on the PTPTN which will later burden their child thus government is encouraging savings from parent.
In order for you to get the RM500, all you need to do is to open an SSPN-i Plus account and deposit RM500 into the account. One done, the government will reward you with another RM500.
OMG!!! Is this for real??
This program not something new but it has been running for quite some time. From January, there is an estimated 100K parent has applied for their children and received the RM500. If you want to get this, make sure you do it quick as this is limited only to 500,000 applicant only (children aged 7 to 12 years old). What’s best is that this savings also provide you insurance.
There are also some other benefits from this (as below):
- Children who enrolled (aged 7-12 years old) will receive RM500 as bonus
- You can get maximum of RM12,000 as tax deduction
- No medical exam need (as there is insurance in this savings plan)
- Attractive payout (up to 4% payout)
- 100% guaranteed by government
- and many more
So what do you need to do to apply? Check out the below:
So don’t miss this if you’re a parent having a child. Make sure you apply and get the best of it.