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Using a Four Major Insurances calculator allows you to see exactly how much National Pension and Health Insurance are deducted from your gross salary, making it easy to determine your precise take-home pay. We have all likely experienced the moment of confusion when the amount deposited into our bank account is less than expected, despite … Read more

Since the National Pension alone is often insufficient to fully support life after retirement, thorough preparation and strategic use of available systems are paramount. It is not uncommon to see people struggling because they failed to meet the 10-year enrollment requirement, or those who simply give up on payments when their income dries up. Rather … Read more

The annual household loan growth targets for the five major commercial banks have hit rock bottom in just one month, making it highly likely that a severe “loan cliff” will become a reality by the end of this year. Although financial regulators doubled the household loan growth target for this year to ease the situation, … Read more

The Four Major Social Insurances are a mandatory system that all workers must enroll in, regardless of their probationary period, if they work more than 15 hours per week. Whether you are looking for a new job or running a business, calculating and processing the monthly insurance premiums is a common headache. If you do … Read more

To increase your National Pension benefits, it is crucial to maximize your enrollment period and develop a premium payment strategy tailored to your income level. Whether you are an office worker or a self-employed individual approaching retirement, everyone desires a stable monthly cash flow in their later years. However, the system can be confusing when … Read more

Because significant disparities in support benefits still exist within the National Pension system depending on a contributor’s occupation and income level, it is essential to accurately verify your contribution type and proactively supplement any shortfalls in your retirement funds. Take Mr. Kim’s father, who is seventy this year; he drives his truck for logistics deliveries … Read more

Korea Investment Management recently partnered with the ACE ETF College Student Supporters to successfully complete offline promotional events at Ewha Womans University and Dongguk University. The events aimed to raise awareness about Exchange-Traded Funds (ETFs) and sound investment principles. This initiative drew significant attention because the student ambassadors, who have been actively engaged since late … Read more

Everyone has likely experienced the shock of seeing a discrepancy between the pre-tax amount on their payslip and the actual amount deposited into their bank account. Understanding exactly what these mandatory monthly deductions are can make managing your personal finances much easier. By utilizing tools provided by portal sites, you can instantly determine the deductions … Read more

To receive an old-age pension from the National Pension, you must meet the minimum enrollment period of 10 years. If your enrollment period is insufficient, you should actively utilize the deferred payment or voluntary enrollment systems. I often see people around me who are caught off guard because their payment period falls short, but if … Read more

The rumor on YouTube that you can evade tax authorities by splitting deposits into amounts of 9.9 million won or writing “living expenses” in the memo field when sending money to your children’s accounts is a blatant lie. Recently, a tax expert strongly warned on a broadcast that this misinformation can actually lead to a … Read more