Hi Investment & Securities, Launch Event for Brokerage-type ISA..."Up to 30,000 KRW Cash Payment"

[Asia Economy Reporter Ji-hwan Park] Hi Investment & Securities announced on the 13th that it is conducting a launch event for the brokerage-type ISA, offering cash rewards to customers who subscribe to the brokerage-type ISA by November 30.

This event provides cash reward benefits on a first-come, first-served basis according to the subscription amount to customers who subscribe to the brokerage-type ISA either at branches or through non-face-to-face channels. Customers who subscribe with an amount of 1 million KRW or more will receive 10,000 KRW, those with 5 million KRW or more will receive 20,000 KRW, and those with 10 million KRW or more will receive 30,000 KRW, each limited to 500 people. However, the balance must be maintained until the event ends.

New customers who subscribe to the brokerage-type ISA through non-face-to-face channels by the end of the year will also receive a lifetime benefit of paying only the related institution fees for online transaction commissions.

The brokerage-type ISA is a personal comprehensive asset management account that allows operation of various financial products such as funds, ELS, ETFs, and domestic listed stocks in one account to generate profits. Anyone aged 19 or older can subscribe. If operated for more than three years, tax benefits such as tax exemption and separate taxation on interest/dividend income can be received.

Only one ISA account can be opened per person across all financial institutions. If already subscribed at another financial institution, account transfer between financial institutions is possible.

A representative from Hi Investment & Securities said, "From 2023, with the introduction of financial investment income taxation, profits exceeding 50 million KRW from domestic stocks and public funds will be taxed, but brokerage-type ISA subscribers can receive full tax exemption benefits on financial investment income."

For more details about this event, please contact the Hi Investment & Securities Customer Support Center.

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