Maximizing after-tax compound returns in South Korea requires strategically deploying the triumvirate of statutory tax shelters: Brokerage ISA (중개형 ISA), Pension Savings (연금저축펀드), and Individual Retirement Pension (IRP).
💡 3-Minute BriefComparison Summary
- Brokerage ISA: 3-year term, tax-free profits up to ₩5M/₩10M, excess taxed at 9.9% separate rate.
- Pension Savings: Up to ₩6M annual tax credit (16.5% refund), 100% equity ETF flexibility.
- IRP: Expands total credit cap to ₩9M; mandates 30% safe asset portfolio allocation.
- Roll-Over Synergy: Transferring ISA maturity balance into Pension/IRP unlocks an extra 10% (up to ₩3M) tax credit bonus.