In the last session, we discussed various tax benefits of transferring ISA maturity funds to IRP. If you are still a bit confused about what to do, please remember these three things: First, additional purchase deduction benefits are possible. The existing IRP tax deduction limit was up to a maximum of 9 million KRW per year. However, by transferring ISA maturity funds to IRP, a tax deduction benefit of 10% of the conversion amount, up to a maximum of 3 million KRW, can be added, making it possible to reach up to 12 million KRW. Second, within 60 days from the ISA maturity date, assets that have been converted into cash can be transferred to IRP. Since IRP transfers are primarily in cash, it is essential to assume the redemption and cash conversion of all financial assets that were in the ISA contribution. Even if you have already made a withdrawal from the ISA account, IRP Pro transfer is still possible, so please remember this point. Lastly, remember that all ISA maturity funds should be transferred to the IRP account.

You don't need it. You can apply for full or partial transfer from your balance as much as you want. Some can be converted, and some can be opened as a new ISA for tax benefits. How about trying to catch both rabbits by transferring the matured ISA IRP? There are seven kinds of luck pouring out, and let's now take a closer look at that strategy. If you're curious, please keep your channel fixed. After the 3-year mandatory holding period of ISA, depending on the individual's situation, you can either extend the maturity or transfer it to an IRP or pension account. If you want to maximize the asset appreciation effect, it is most important to find the optimal tax balance point. When investing in products, you need to pay some fees for the trust fees of the gold company and ETF trading commissions. Unlike ISA, all these fees are free for IRP. There are also various products available for management, including regular deposits, ELB, and representative principal-guaranteed products such as funds and ETFs.

Even dividend-type products can be operated to achieve both safety and profitability through diversified investments. If you are aware of these benefits, you might think that doing nothing in your account is not a loss. However, did you know that just by depositing into the IRP, interest is automatically added? When you deposit into the IRP, it is automatically invested in a daily water deposit, and you can receive daily interest like the CMA rate. As of March 1, 2024, the IRP cash asset rate shows a pre-tax annual return of 3.48%, which is being operated at a higher rate compared to CMA. It would be good to consider waiting for the right timing to buy investment products while keeping the 3.48% return on cash assets intact. For those who have decided to switch to a pension, have you thought about whether it would be okay to use funds for pension savings after canceling the ISA for pension conversion? Trading

If we compare fees and tax deductions limits, once again, IRP will be the conclusion. Also, in terms of ETF trading fees, IRP offers free trading. For instance, if fees are incurred when trading an ETF worth 10 million KRW, without worrying about the burden of fees in pension savings, you can invest through IRP freely. Furthermore, by receiving tax benefits from legislative members, you can have a significant advantage in asset markets. If the ISA membership period has passed 3 years, you can convert to IRP at any time and enjoy various tax benefits. If the ISA contract term is designated as 5 years and it is terminated after 3 years, you can still receive tax benefits normally. However, if you are wondering whether you can convert to IRP even after the maturity date has passed, rest assured that as long as you apply for the transfer within 60 days after the maturity date, there will be no issue. Just keep in mind the specific periods.

The mandatory amount and period criteria may vary, so please make sure to keep this in mind. Transferring the matured ISA IRP is also simple. Would you like to try it with me? After selecting account management from the main menu, please press the ISA maturity IRP conversion deposit request. Specify the deposit amount and the scheduled deposit 2. Please make sure to double-check the 8,000 in the deposit account number provided at this time. The dedicated account number for ISA conversion deposit will have 8,000 added after your pension account or IRP account number. Once the application is completed, you can receive detailed information through an alert message. Here's a tip: if your ISA account has matured, remember that you need to apply for maturity termination at the financial institution where you opened the ISA first. At Korea Investment & Securities, we operate a dedicated team for managing your IRP returns and you can also apply for IRP transfer through a visit to the nearest branch. If you find the application process difficult, you can always contact the retirement pension customer center.

Please inquire about 1588-8844. If asked about the biggest reason for converting ISA maturity funds into IRP, it would be due to the attractive benefit of additional tax deductions. However, this benefit is only applied once in the year of conversion deposit. For example, let's assume that Mr. A, whose total income is less than 55 million won, paid 9 million won as IRP self-payment in 2024 and additionally paid 10 million won for ISA maturity conversion. In 2024, the IRP self-payment of 9 million won and 10% of ISA NAV, which is 100, totaling 3 million won, can receive a tax deduction of up to 12 million won. At this time, the tax deduction rate is 16.5% depending on the income, so Mr. A can save 148,500 won from the self-payment and receive a deduction of 49,500 won from ISA NAV, saving up to 198,000 won. Then, what happens to the 27 million won that was not deducted? The amount not withdrawn can be carried over to the next year for social deduction payment utilization. In 2025, 2026, and 2027.

You can receive a maximum tax deduction benefit of up to 9 million won each year until you reach the age of 65. This means you can save 1,485,000 won annually for 3 years by transferring to an IRP Pro account. Many people wonder if they can open a new ISA account after transferring the IRP maturity funds. The answer is, of course, yes. If you meet the conditions for joining after canceling the ISA for the IRP transfer, it is advisable to rejoin the ISA account. Even if you have made payments before the IRP transfer, if you rejoin the ISA, a new limit of 20 million won will be created, allowing you to enjoy tax benefits. In other words, you can also receive additional tax deduction benefits every 3 years before the IRP conversion. If you have transferred the ISA maturity funds to the IRP now, it is advisable to rejoin the ISA, even with the minimum amount, as it can be an excellent tax-saving tool to reapply for the fund conversion after 3 years. Never forget this fact.

If you are over 55 years old, you can withdraw without any reason. However, if you are under 55, withdrawal is only possible for limited reasons. These include the death of the insured, natural disasters, the need for long-term care for the insured or dependents when moving abroad, the need for support in a special disaster area, bankruptcy, initiation of personal recovery procedures, and finally, suspension of business operations or cancellation of business permits for the pension account handler. The taxes imposed vary depending on the source of income, so please refer to the withholding tax rates and methods. We at Korea Investment & Securities IRP hope to pave the way for your pension to bloom. With that, I would like to say goodbye officially and hope you all become wealthy in pensions.

금쪽같은 내연금 💰 만기된 ISA,IRP로 옮기면 쏟아지는 꿀팁 7가지

한국투자증권 공식 유튜브 입니다.

항상 조심해야 하는 투자, 전문가의 도움을 받는다면?

✨ 실시간 생방송시간 ✨

💘오전 생방송💘 

1) 증시셔터업 ▶ 08:50 ~ 09:20
- 증시셔터맨 김민진 차장과 박가영 아나운서가 진행하는 시초가 동향 및 금일시장 전략

2) 대.포.차. (대신 리포트 읽어주는 곰차장) ▶  09:20 ~ 09:40
- 어려운 종목 리포트 곰차장이 대신 읽어드립니다~

💘오후 생방송💘

1) 클로징 마켓 라이브(월) ▶ 15:00 ~ 16:00, (화~금) 15:20 ~ 16:00
- 김민진 차장과 함께하는 최고의 마감시황, 당일 이슈, 특징주, 시장 전략 집중 점검

2) 격한리서치 (격이 다른 한국 리서치) ▶ 화~금 15:00 ~ 15:20
- 한투 애널리스트의 종목 분석과 시장전망


🔔구독과 알림설정을 해두시면 방송 안내를 받으실 수 있습니다.🔔

홀로 시장을 이겨내려 하지 마시고 주식투자방법을 배워보세요.


