KB Kookmin Bank "Prepare for Year-End Tax Settlement with Pension and Get a Chance to Win Prizes"

[Asia Economy Reporter Kangwook Cho] KB Kookmin Bank announced on the 30th that it will hold the '2020 Get Rich with Pension' event, offering various prizes to new customers who sign up for pension savings funds and Individual Retirement Pension (IRP) accounts by the end of March.

In this event, customers who newly subscribe to pension savings funds or individual IRP products from asset management companies participating in the event through KB Kookmin Bank and KB Securities with at least 200,000 KRW, and who either register for automatic transfer or deposit more than 1,000,000 KRW, will all receive a 10,000 KRW CU mobile gift certificate.

Among the participating customers, a total of 120 people will be selected by lottery to receive generous prizes such as ▲LG Dios dishwasher ▲Dyson air purifier ▲Dyson Airwrap ▲Nespresso coffee machine.

Pension savings and individual IRP allow subscribers to receive tax credits of 16.5% or 13.2% on annual contributions up to 4 million KRW and 7 million KRW respectively. Especially from this year, the tax credit limit for customers aged 50 and over has been expanded to a maximum of 6 million KRW for pension savings and 9 million KRW for individual IRP.

To strengthen competitiveness in the pension sector, a core future business, KB Financial Group established a group pension business control tower in May last year and is pooling the capabilities of affiliates such as KB Kookmin Bank, KB Securities, and KB Insurance to improve customer returns, enhance customer services, and create synergy.

A KB Kookmin Bank official said, “We prepared this event because interest is growing among customers who want to prepare pension assets for retirement and take advantage of tax credit products to prepare for next year’s year-end tax settlement.”

This content was produced with the assistance of AI translation services.