A major shift is sweeping through the over-the-counter (OTC) stock market as Kiwoom Securities and Naver Pay Unlisted have signed a memorandum of understanding (MOU) to introduce a cross-broker trading system for unlisted stocks. For years, the biggest hurdle in trading unlisted stocks was the requirement that buyers and sellers must hold accounts at the … Read more
The Individual Retirement Pension (IRP) account is the most reliable tax-saving tool for employees, allowing them to secure retirement funds while claiming annual tax refunds. Instead of just envying colleagues who receive refunds ranging from hundreds of thousands to millions of won during year-end tax settlement, you should open this account and start contributing immediately. … Read more
An Individual Retirement Pension (IRP) account is the most reliable and powerful tax-saving tool, capable of securing a refund of several hundred thousand won during your annual year-end tax settlement. In addition to the severance pay received from your employer, you can make direct contributions to prepare for retirement while enjoying tax benefits, which is … Read more
The IRP (Individual Retirement Pension) account is the most reliable wealth management tool that can help you get hundreds of thousands of won back in taxes during your annual year-end settlement. Many employees simply open an account because their company sets it up for them or because they hear it offers good tax benefits. However, … Read more
If you suddenly close your Individual Retirement Pension (IRP) account, you will be required to return all the tax deduction benefits you have received and pay severance income tax all at once. Therefore, it is absolutely forbidden to close the account without careful consideration just because you need cash urgently. Mr. Kim, an office worker, … Read more
Reviewing major securities firm reports from September 22, two stocks, Samsung Electronics and Hanwha Ocean, are drawing investors’ attention. Daishin Securities maintained Samsung Electronics’ target price at 560,000 won, predicting that the semiconductor upcycle will last longer. Meanwhile, NH Investment & Securities set a target price of 126,000 won for Hanwha Ocean, highlighting next year’s … Read more
Everyone has likely experienced the shock of seeing a salary slip that says 3 million won, only to find that the amount actually deposited into their bank account is less. Many employees are curious about how the National Pension, Health Insurance, and Employment Insurance deductions are calculated every time they receive their monthly pay stub. … Read more
Choi Hui-young, Minister of Culture, Sports and Tourism, successfully concluded a meeting with the Mexican Minister of Culture to foster close cultural cooperation between the two nations. This gathering was arranged to achieve tangible results in various fields, including pop culture and the tourism industry, based on the long-standing friendship between the two countries. It … Read more
The Retirement Pension IRP (Individual Retirement Pension) account is an essential financial product that offers powerful tax deductions during annual tax settlement while simultaneously allowing you to build a stable retirement asset. Mr. Kim, an office worker, is steadily accumulating a lump sum by setting up automatic transfers of a fixed amount from his salary … Read more
The Individual Retirement Pension (IRP) account is an essential financial product that not only provides substantial tax refunds during the annual tax settlement but also steadily grows your retirement funds. Mr. Kim, an office worker, regretted taking a “tax bomb” last year after failing to actively utilize his pension account. This year, he has committed … Read more