<Anchor>
Reporter Kwon Ae-ri is out on Friday.
Reporter Kwon, as the tax laws have changed a little this year, are there some new parts that you need to pay attention to in the year-end settlement?
<Reporter>
Yes, there are tax benefits that are newly created every year when you pay for the year-end settlement, and on the other hand, there are cases where it disappears or shrinks.
There is one new benefit that is particularly noteworthy this year.
It is a good benefit to know if you are 50 years of age or older who need full-scale retirement preparation.
If you save a lot of personal pension savings, it will also reduce your taxes a little more for 3 years from this year.
This is a good thing to know now that the end of the year is not very close.
Pension saving is a method of pouring a certain amount of money each month, like savings, but there are many products such as free-standing funds.
You can even drive away a year at a time.
You have some money left to save before the end of the year, so it may be more profitable to put that money in your pension savings this year than in most other investments, because you have a lot to cut your taxes.
If you don't have one, you can sign up for a new one, so the tax benefits alone are like 12-15% annual interest.
It is difficult to find such financial products these days.
So far this is a story for all ages, and until last year there were no separate benefits for people over 50.
However, for three years starting this year, we have begun to increase the tax credit limit by 2 million won to those who are over 50 and whose annual gross salary does not exceed 120 million won.
<Anchor>
Is it a story that increases the limit of tax credit for pension savings by 2 million won?
But if you do this, specifically, how much can you reduce your taxes?
<Reporter>
You can divide the income range into three and look at it. Until last year, the pension savings tax credit limit was 4 million won.
As you can see in the table that will appear on the screen now, those with annual gross wages of less than 55 million won are 600,000 won, and those with 55 million to 120 million won I have subtracted 480,000 won from the tax.
If your total salary exceeds 120 million won or you have a lot of financial income besides this, then the limit will be reduced and you can reduce your tax by up to 360,000 won per year.
However, this year, if you are under 50 years old, it is the same as you have seen so far, and those over 50 have increased the limit by 2 million won, excluding only the third high income earner.
So, if you meet the 6 million won limit and save, you can cut your tax of up to 900,000 won.
It gets a bit more complicated here, but what I've been talking about so far is about personal pension savings that anyone in the market can sign up for.
Some of those who have a retirement pension in the DC type, or who are additionally operating a retirement pension account called IRP, and who are watching TV right now may be.
The maximum tax credit limit for this DC and IRP was 7 million won.
This is also an increase of 2 million won for those over 50 from this year to a whopping 9 million won.
However, this limit is combined with personal pension savings.
So, whether you are an individual or retired, you can reduce your tax by up to 1.35 million won with a pension.
<Anchor>
By the way, these pension savings have had a little bit too low interest rates in the past.
<Reporter>
Yes, there is a tendency like that.
If you do not deliberately search for more aggressive stock-type products, there are cases in which the rate of return falls due to stable management of many pension savings products.
There are also complaints that financial institutions seem to pay less attention because it is a product that requires long-term subscription.
But looking at the rate of return, "Oh, I don't think it's really here." Then you can switch to another product or company.
So, it is best to check the pension savings as freely and check them at the end of the year.
If you do not want to return all the tax benefits you have received, you cannot do it until you are 55 years old.
It's a burden, so it's a free-establishment method, and at the end of the year, I check the pension savings that I have poured over the year and see some of the returns.
If you have yet to meet your tax credit limit and can save more, you are pouring out the limit at the end of the year.
Just thinking about the tax benefits is the same as an annual interest rate of 12-15%, but in fact, there are not many financial products like this in the age of chronic low interest rates.
And at this time, we are thinking about changing to another product.
It's my pension, but once a year, it's a loss if you bother to pay attention to yourself like this.
Lastly, you can think of pension savings that can receive year-end settlement benefits as a product designed to give out a certain amount each month after the age of 55 with the'pension' in the product name.
For example, there is also pension insurance, not pension savings insurance.
Since these are not designed in this way, interest income tax is exempted, but there is no tax savings of the same kind as I mentioned today (27th).