KB Kookmin Bank Launches “Individual IRP Tax-Saving Together Prize Event”

Individual IRP New Subscription Event Runs Until March 31

Up to 16.5% Tax Deduction for Annual Salary of 55 Million Won or Less

When Reaching the 9 Million Won Deduction Limit

KB Kookmin Bank announced on March 4 that it is holding the “KB Kookmin Bank IRP Tax-Saving Together: Maximize Tax Benefits! Strengthen Your Retirement!” event. This event is designed to help customers who felt unsatisfied with their tax deductions after year-end tax settlement to prepare in advance for tax savings.

With an individual IRP (Individual Retirement Pension), if you reach the annual tax deduction limit of 9 million won, you can receive a tax deduction benefit of up to 16.5% (1,485,000 won) if your total salary is 55 million won or less, or up to 13.2% (1,188,000 won) if your total salary exceeds 55 million won.

This event runs until March 31 and is open to customers who newly subscribe to an individual IRP and complete the event application. Customers who newly subscribe with an amount of 3 million won or more will receive one 20,000-won Shinsegae Emart gift certificate exchange voucher; those with 1 million won or more will receive one 10,000-won Shinsegae Emart gift certificate exchange voucher; and those who newly register with 200,000 won or more and set up an automatic transfer of 100,000 won or more will receive a mobile coupon for one Tall Starbucks Americano.

Detailed information about the event can be found on the KB Kookmin Bank website or the KB Star Banking event page.

KB Kookmin Bank continues to maintain a high level of reserves in the retirement pension market. According to the Financial Supervisory Service’s Integrated Pension Portal, as of the fourth quarter of 2025, KB Kookmin Bank’s default option reserves amounted to 10.9352 trillion won, the largest among all 41 service providers. The IRP default option reserves also increased significantly, rising from 3.5035 trillion won at the end of 2024 to 5.5509 trillion won last year, marking the largest growth in the market by more than 2 trillion won.

A representative from KB Kookmin Bank stated, “As we have prepared this individual IRP event for customers who realized the need for tax savings after the year-end tax settlement, we hope for your active participation.”

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