Among Korean brokerage CMA accounts, only the jonggeum type carries deposit insurance. The 2025 increase of the protection cap to 100 million won left RP-type and issued-note types outside the system entirely.
Contributing 9 million won across a yeongeum-jeochuk (private pension savings account) and an IRP returns up to 1,485,000 won in tax credits. But the credit is deferral, not exemption — the net figure needs its own calculation.
Korea's August 2026 exports rose 68.7% in headline terms but 72.5% on a daily-average basis. The 3.8pp gap comes from half a working day. Here is the arithmetic, applied down to the product level.
Premium/discount measures the gap between market price and NAV; tracking error measures the gap between NAV and the index. From 19 August 2026, Korea tightened the LP limit on domestic ETFs from 3% to 2%.
Korea's 1,016 listed ETFs average a 0.3084% stated fee but 0.4982% in all-in cost. Here is where the 1.6x gap comes from, priced out on 10 million won over ten years.
From January 1, 2026, capital reserve dividends are taxable for major shareholders of listed firms and all shareholders of unlisted firms. Only the portion above your acquisition cost counts as dividend income — below it, your cost basis shrinks instead.
Korea's average pump price was 1,860.2 won per liter in early September, of which 697 won is tax. Dubai crude jumped $7.6 to $99.9 a barrel, yet pump prices fell for a 16th straight week — the lag explains the gap.
In Korea, individual bonds are taxed only on coupon interest at 15.4%, while capital gains go untaxed. Two bonds with identical 3.5% pre-tax yields end up 0.37 percentage points apart after tax over three years. Here is the calculation, step by step.
On the same 100 million won severance payout, the tax is 14.5 million won after three years of service but only 240,000 won after thirty. The service-year divisor is what splits them.
A 120% refund rate at year 10 on a 7-year-pay whole life policy works out to 2.84% compounded annually. Using 300,000 won a month over 84 months, here is the payout, the effective annual rate, and how the 78.6% paid-up figure fits in.