urjent The financial product commonly referred to as “income deduction pension savings” is legally known as a tax credit pension account, which allows you to receive tax refunds during year-end tax settlement. While the term “income deduction” was used by convention in past tax laws and daily conversation, the system currently operates as a tax credit … Read more
KB Life significantly boosted its new contract Contractual Service Margin (CSM) by over 21% in the first half of this year, establishing a solid growth foundation for future profits. The results of its decisive portfolio restructuring, moving away from a sales structure heavily skewed toward whole life insurance, are now proven by the numbers. This … Read more
Recent research has clearly proven that the advice to buy a house in Seoul with money intended for stocks was not just a casual remark. In fact, the after-tax average annual return for those who purchased apartments in Seoul using bank loans over the past 20 years reached a staggering 11.6 percent. This is a … Read more
Actively utilizing an IRP (Individual Retirement Pension) account allows you to achieve both year-end tax deductions and the growth of your retirement assets. In the past, switching products within a retirement pension account required waiting for several days, but the recent introduction of same-day trading has made asset management significantly more convenient. If you want … Read more
During this Chuseok holiday, an average of 8,294 clinics, hospitals, and pharmacies nationwide will remain open, operating a 24-hour emergency medical system to safeguard the public’s health. This is the result of joint efforts by the government and local authorities to ensure that people can find open facilities without panic in case of sudden emergencies, … Read more
Pension savings accounts are an essential financial product that guarantees the most certain tax refund during the year-end tax settlement. Many office workers actively utilize these accounts to prepare for their post-retirement life while simultaneously reducing their immediate tax burden. Everyone has likely experienced envy after seeing acquaintances receive refunds ranging from hundreds of thousands … Read more
October is a month filled with various national holidays and commemorative days that remind us of the value of our nation, making it important for every household to actively participate in the National Flag Display Campaign. The autumn season, leading from Armed Forces Day to Foundation Day and then to Hangul Day, is a precious … Read more
The Individual Retirement Pension (IRP) account is an essential financial product that working professionals must utilize to accumulate retirement funds and reduce their tax burden. In the past, many people simply deposited money and left it untouched, but recently, thanks to the availability of various exchange-traded fund (ETF) trading options and convenient regulatory improvements, active … Read more
While most office workers pay monthly premiums for the Employment Insurance system, many find themselves at a disadvantage when critical moments like unemployment or childbirth arrive, simply because they lack accurate information. Today, we will thoroughly examine all the essential information regarding Employment Insurance that every worker needs to know, from how to apply for … Read more
A formal application for boundary adjustment has been submitted to resolve the administrative inconveniences faced by residents living in the border area between Seongbuk-gu and Nowon-gu in Seoul. Issues such as school district discrepancies and delays in waste collection, arising from the mismatch between administrative districts and actual living areas, cause significant stress for residents. … Read more