Hana Bank, "Get 20,000 Hana Money Points When You Join IRP"

[Asia Economy Reporter Kim Min-young] Hana Bank announced on the 9th that it will hold the 'New IRP Subscription~Spring' event for individual retirement pension (IRP) products, which are attracting attention as 'Setech (Tax + Investment)' products in spring.

Hana Bank will provide up to 20,000 Hana Money per person, which can be used like cash, to customers who newly subscribe to an individual IRP with a minimum amount of 100,000 KRW and register for automatic transfer for more than one year by the 30th of next month, customers who newly subscribe with an amount of 1,000,000 KRW or more, customers who transfer their IRP pension accounts from other financial companies to Hana Bank IRP accounts, and customers who deposit retirement funds, until the limit is exhausted.

Additionally, among the event participants, those who select more than 50% of their managed assets in lifecycle asset allocation type Target Date Funds (TDF) or Target Income Funds (TIF) will receive an additional 5,000 KRW cultural gift certificate.

IRP allows for an annual tax credit of up to 7 million KRW and 16.5% on subscriber contributions while preparing for retirement. It is the most popular representative Setech product as a year-end tax settlement and retirement preparation tool. Especially from this year, the tax credit limit for customers aged 50 or older has been expanded to a maximum of 9 million KRW, allowing for an annual tax credit benefit of up to 1,485,000 KRW.

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