SK Securities Launches RIA Account Event with Exchange Fee Waivers and Cashback Benefits

On March 26, SK Securities announced that it will hold a customer event to celebrate the launch of its Domestic Market Return Account (RIA).

The RIA account provides tax benefits when funds from overseas stock investments are reinvested in the domestic market. Gains of up to 50 million won per person are tax-exempt. The capital gains tax reduction rate depends on the timing of the sale: 100% until the end of May, 80% until the end of July, and 50% until the end of the year.

This event is open to all customers who open an RIA account and consists of three main benefits. First, customers who newly open an RIA account by May 29 will receive a 100% preferential exchange fee waiver until the end of the year. In addition, those who purchase domestic stocks via the RIA account from March 23 to April 3 will receive a 0.1% cashback (up to 50,000 won) on their net purchases.

From March 30 to April 10, there will also be a "Today's Domestic Stock" trading event. During this period, the first 50 customers each day who trade at least one share of the "Today's Domestic Stock" through their RIA account will receive a Starbucks Americano coupon (one cup). "Today's Domestic Stock" is a quant-based investment service developed in-house by SK Securities to help increase customer returns.

An SK Securities official said, '"Today's Domestic Stock" is an investment support service that recommends promising stocks and purchase timing each day through big data and quant-based analysis. It will be useful in supporting investment decisions for RIA account users.'

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