Are you perhaps just creating an ISA account and letting it sit idle?
8.48 million people have signed up, but the average contribution is 7.1 million won.
They aren't even using one-third of the limit.
In today's video, we will calculate exactly how much you will actually receive if you manage an ISA for three years.
We will compare it side-by-side with a regular account and show you the tax differences in numbers.
▶ Topics covered in this video
▶ What an ISA is — Understanding it in 3 minutes using the 'food container' analogy
▶ Comparison of tax structures: Regular Account vs. ISA (15.4% vs. Tax-exempt +9.9%)
▶ What is netting gains and losses? — Easy explanation using Manager Kim's example
▶ Actual calculations from a 3-year simulation of 300,000, 500,000, and 1,000,000 KRW monthly contributions
▶ Eligibility requirements for the "Working-Class ISA" and the 4 million KRW tax-free benefit
▶ A hidden tax-saving trick most people don't know about — Techniques for transferring to a pension after ISA maturity
▶ ISA downsides and 2 common mistakes
▶ Has the ISA limit been increased to 40 million KRW? Fact check
▶ How to start today — Start by checking eligibility for the Working-Class
💬 Let us know in the comments — Are you currently using an ISA? Feel free to share how much you are contributing per month!
🔔 Subscribing and liking empowers us to create better tax-saving information.
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※ This video is intended for investment information purposes only and does not recommend the purchase or sale of any specific financial product. All investment decisions must be made at your own discretion and responsibility. Treasures come only to those who seek them ⚓
#ISAAccount #ISATaxSaving #BrokerageISA #SmartISA #IndividualComprehensiveAssetManagementAccount #TaxSavingMethods #YearEndTaxSettlement #TaxDeduction #PensionSavings #IRP #DividendETF #ProfitAndLossOffset #Investment #EconomicPirates
Are you perhaps just creating an ISA account and letting it sit idle?
8.48 million people have signed up, but the average contribution is 7.1 million won.
They aren't even using one-third of the limit.
In today's video, we will calculate exactly how much you will actually receive if you manage an ISA for three years.
We will compare it side-by-side with a regular account and show you the tax differences in numbers.
▶ Topics covered in this video
▶ What an ISA is — Understanding it in 3 minutes using the 'food container' analogy
▶ Comparison of tax structures: Regular Account vs. ISA (15.4% vs. Tax-exempt +9.9%)
▶ What is netting gains and losses? — Easy explanation using Manager Kim's example
▶ Actual calculations from a 3-year simulation of 300,000, 500,000, and 1,000,000 KRW monthly contributions
▶ Eligibility requirements for the "Working-Class ISA" and the 4 million KRW tax-free benefit
▶ A hidden tax-saving trick most people don't know about — Techniques for transferring to a pension after ISA maturity
▶ ISA downsides and 2 common mistakes
▶ Has the ISA limit been increased to 40 million KRW? Fact check
▶ How to start today — Start by checking eligibility for the Working-Class
💬 Let us know in the comments — Are you currently using an ISA? Feel free to share how much you are contributing per month!
🔔 Subscribing and liking empowers us to create better tax-saving information.
---
※ This video is intended for investment information purposes only and does not recommend the purchase or sale of any specific financial product. All investment decisions must be made at your own discretion and responsibility. Treasures come only to those who seek them ⚓
#ISAAccount #ISATaxSaving #BrokerageISA #SmartISA #IndividualComprehensiveAssetManagementAccount #TaxSavingMethods #YearEndTaxSettlement #TaxDeduction #PensionSavings #IRP #DividendETF #ProfitAndLossOffset #Investment #EconomicPirates