Yuanta Securities Holds 'Pension Savings, Journey with ETFs' Event

[Asia Economy Reporter Minji Lee] Yuanta Securities announced on the 15th that it will hold the ‘Yuanta Pension Savings, Journey with ETF’ event, offering mobile department store gift certificates and preferential online ETF trading fees for customers who trade ETFs in their pension savings accounts until September 30.

This event is open to all customers holding pension savings accounts (new pension savings) who apply for the event via T-Rader (HTS) and T-Rader M (MTS). First, only for the pension savings account that applied for the event, a preferential fee of 0.004989% will be applied for one year from the day after the event application when trading ETFs online (HTS, MTS) through the corresponding account.

During the event period, customers whose cumulative ETF trading amount in the event-applied pension savings account reaches 10 million KRW, 20 million KRW, and 30 million KRW will receive mobile Shinsegae gift certificates worth 10,000 KRW, 20,000 KRW, and 30,000 KRW respectively. Additionally, the first 500 customers who trade at least one ETF share in their pension savings account will receive a Starbucks mobile coffee voucher.

Yuanta Securities customers can currently trade domestic listed ETFs, excluding inverse and leveraged ETFs, through HTS, MTS, the website, and branches within their pension savings accounts.

ETFs (Exchange-Traded Funds), which allow indirect investment in various asset classes such as domestic and overseas stock indices, sectors, and commodities, enable quick responses through real-time trading and are evaluated as suitable products for long-term investment due to their diversification effects. They also have advantages such as lower fees compared to general index funds and no redemption fee burden.

Moreover, when trading ETFs within pension savings accounts, dividends and capital gains are tax-exempt (tax-deferred), and tax benefits such as a 13.2% tax credit on contributions up to an annual limit of 4 million KRW (6 million KRW for those aged 50 or older, 3 million KRW for those with annual total salary exceeding 120 million KRW or subject to comprehensive financial income taxation) can be obtained.

Choi Hyun-jae, Head of Investment Consulting Division, said, “Investing in various ETFs listed on the domestic stock market through pension savings accounts allows not only diversification effects but also tax benefits for retirement preparation,” adding, “We hope this will be an opportunity to effectively manage valuable retirement assets through ETF-based portfolio construction and receive event benefits as well.”

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