Korea English Magazine

As the stock accumulation feature introduced by Samsung Securities marks its 2nd anniversary, it has been confirmed that 70% of all user accounts are concentrated in tax-advantaged accounts that allow users to save on taxes. This systematic investment plan, which automatically purchases domestic and international blue-chip stocks and exchange-traded funds (ETFs) on a set monthly … Read more

The IRP (Individual Retirement Pension) account is an essential financial product for employees, allowing them to receive tax refunds ranging from several hundred thousand to over a million won during the annual year-end tax settlement. Last year, my colleague Kim was shocked when he received his year-end tax refund statement. He had made additional contributions … Read more

Local police have arrested the third suspect in connection with the shocking shooting murder that occurred in the western suburbs of Sydney, Australia, earlier this month. It has been revealed that the suspect is a man in his 20s of Korean descent, causing significant shock. The New South Wales Police Force has charged the 21-year-old, … Read more

The Individual Retirement Pension (IRP) account is an essential financial product for employees, offering substantial tax deduction benefits during the annual year-end tax settlement. After being surprised by the refund amount from last year’s tax settlement, Manager Kim has started making consistent monthly contributions this year. Many people have joined IRP accounts simply because they … Read more

The Individual Retirement Pension (IRP) account is an essential financial product for employees, offering substantial tax deduction benefits during the annual year-end tax settlement. Instead of the usual introductory clichés, let’s get straight to the point: how you utilize your IRP account significantly impacts the amount of tax refund you receive each year. While some … Read more

The Individual Retirement Pension (IRP) account is the most reliable financial product for significantly saving on taxes while preparing for retirement. Many employees receive a lump sum when they change jobs or retire, and unfortunately, many regret it later after carelessly terminating their account and facing a “tax bomb.” For example, Kim, a corporate clerk, … Read more

The Individual Retirement Pension (IRP) account is the most reliable tax-saving tool, allowing you to reclaim hundreds of thousands of won in taxes during your annual year-end tax settlement. Therefore, it is essential for all salaried employees to open one. If you have only been envious of colleagues who receive substantial year-end tax refunds, it … Read more

Retirement pension IRPs have become a central pillar of retirement planning as of 2026. By effectively utilizing tax-saving accounts, including pension savings and ISAs, you can save up to 9 million KRW in taxes annually. In particular, since tax laws are scheduled to be revised in 2027, delaying a review of your accounts could result … Read more

A Retirement Pension IRP account is the most reliable way to build your retirement funds while enjoying significant tax savings during your annual year-end tax settlement. Recently, many financial institutions have been actively introducing how to utilize these tax-advantaged accounts, and they have become an essential part of retirement planning for office workers. In fact, … Read more

The secret behind calculating the daily value of the massive Civil Servants’ Pension Fund, which exceeds 18 trillion won, in stocks, bonds, and alternative investments down to a single precise figure lies in a rigorous general administration system. Recently, Hana Fund Service was finally selected as the preferred negotiation candidate in the fiercely competitive bidding … Read more