Kiwoom Securities, Tax Savings with Brokerage-type ISA Plus Benefits for US Stocks

Kiwoom Securities announced on the 6th that it will hold the 'Let's Receive U.S. Stocks Three Times with Brokerage-type ISA' event. This event offers three main benefits to customers who open and trade with a brokerage-type ISA account.

First, all customers who open a brokerage-type ISA account for the first time or re-enroll after maturity will receive a random number of U.S. stocks ranging from a minimum of 1 share to a maximum of 5 shares. Second, among customers who make their first trade with a brokerage-type ISA account or pension account, 5,000 will be selected by lottery to receive U.S. stocks ranging from a minimum of 1 share to a maximum of 5 shares. Additionally, among customers who subscribe to the brokerage-type ISA exclusive special ELB with 1 million KRW or more, 1,000 will be selected by lottery to receive up to 3 additional shares of U.S. stocks.

Kiwoom Securities is also running an event that provides customers who trade asset management company ETFs through their brokerage-type ISA accounts with mobile gifticons worth up to 140,000 KRW.

The brokerage-type ISA has the advantage of allowing direct investment in domestic listed stocks and various financial products within a single account. Regarding profits generated in the account, the general type offers tax exemption benefits up to 2 million KRW, and the low-income type up to 4 million KRW. However, if the account is terminated early during the mandatory subscription period, special tax provisions apply, and income tax equivalent will be reclaimed.

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