urjent

If you treat your Individual Retirement Pension (IRP) account as a simple account for withdrawing a lump sum and close it carelessly, you could face a massive tax burden. When changing jobs or retiring, if you receive your valuable severance pay directly into a regular bank account, you must pay the full severance income tax. … Read more

With the changes to the Four Major Insurance premium rates in 2026, the amount deducted from your first paycheck or monthly salary differs from before, causing confusion among many employees. Everyone has likely experienced the shock of receiving their first pay stub as a new graduate and finding the take-home pay significantly lower than expected. … Read more

The Individual Retirement Pension (IRP) account is an essential tax-saving tool that every employee should have. If you receive your severance pay in a regular bank account, you will incur significant tax costs. However, if you transfer it to an IRP account, you can defer tax payments, allowing your assets to grow over time. Many … Read more

President Lee Jae-myung directly explained that the government’s decision to keep the repatriation of two North Korean prisoners of war (POWs) captured by Ukrainian forces non-public was a valid decision, considering national security and the safety of the individuals involved, even if it might help restore the administration’s approval rating. Currently on a state visit … Read more

If you receive your severance pay directly into a regular bank account, you may face a heavy tax burden, so it is essential to receive it through an Individual Retirement Pension (IRP) account. Many employees, upon leaving their jobs or changing careers, inadvertently withdraw their severance pay in cash and end up paying substantial severance … Read more

To save on taxes and protect your valuable assets, you must receive your severance pay into an Individual Retirement Pension (IRP) account. When leaving a job or changing careers, many people make the mistake of receiving their severance pay into a regular savings account, thinking they need the cash immediately. However, this results in immediate … Read more

To break free from a life of dependence on your children after retirement and build a true safety net for your later years, you must start preparing a personal pension immediately. It is practically impossible for children to send their parents 2 million won in pocket money every month during holidays, making a self-created pension … Read more

Gyeongnam Pharmaceutical has introduced a new over-the-counter medication, “Nican Tablets,” designed to address both Vitamin B6 supplementation and the relief of various mucosal disorders, including mouth ulcers. This is highly welcome news for modern individuals who often suffer from mouth ulcers, characterized by sores, stinging, and burning sensations, due to accumulated fatigue. In particular, it … Read more

Have you heard that receiving your severance pay into an IRP account is more tax-efficient than depositing it directly into your bank account? As of 2026, the Individual Retirement Pension (IRP) is becoming an all-in-one solution that an increasing number of people need to access. In particular, if you prepare an IRP account in advance … Read more

If you carelessly receive your severance pay in a regular bank account, you will end up losing millions of won in taxes. Therefore, it is essential to route the funds through an Individual Retirement Pension (IRP) account. Many employees choose to terminate their retirement pensions early due to a need for cash during job changes … Read more