In the first week of October, brokerage apps in Korea started pushing alerts about year-end pension deposit events. The message is simple: three months remain before year-end tax settlement (연말정산)...
US ETF From Korea: Buy the Korean Listing or Go Direct? The KRW 8.33 Million Line and Your Tax Bracket
Search for the S&P 500 in a Korean brokerage app and the same index shows up twice: a version listed on the Korea Exchange and bought in won, and the original US ETF bought in dollars on a US...
Tax-Advantaged Account Withdrawals in Korea: What Closing an ISA, Pension Savings or IRP Early Costs
When you suddenly need a lump sum in Korea, which tax-advantaged account should you break first: the ISA, the pension savings account or the IRP? Each one lets money out in a different way, and each...
Pension Savings vs IRP: 5 Essential Differences You Must Know
Pension savings and IRP — you know both offer tax deductions, but what’s the actual difference? They may look similar, but the investment options, withdrawal rules, and fee structures are quite...
ISA Account Types: 3 Essential Differences You Need to Know
If you’re living in Korea, you’ve probably heard of the ISA — the Individual Savings Account. Often called a “만능통장” (all-in-one account), the ISA lets you hold deposits...
15 Essential Tax Deductions You Can’t Afford to Miss: Year-End Checklist
Tax deductions in Korea’s year-end settlement — are you claiming everything you’re entitled to? Even with the same salary, how you prepare can mean a difference of hundreds of thousands...
