NH Investment & Securities Opens Pension Receipt Experience Service

NH Investment & Securities announced on the 28th that it has launched the 'Pension Receipt Experience' service. The Pension Receipt Experience is the first non-face-to-face receipt experience service offered in the securities industry, designed for pension customers who are highly interested in tax-saving benefits.

NH Investment & Securities' Pension Receipt Experience service recommends pension receipt methods considering tax savings using all accumulated pension assets and allows users to compare customized tax-saving points, estimated taxes, and post-tax receipt amounts. It enables users to create their own pension receipt plans using pension assets accumulated not only in pension accounts subscribed through NH Investment & Securities but also those held at other financial institutions, and to check corresponding tax-saving points. By utilizing tax-saving points tailored to the individual, users can easily compare the expected taxes and post-tax receipt amounts at the time of pension receipt to see the tax-saving effects at a glance. NH Investment & Securities customers can easily use the service through the NH Investment & Securities Mobile Trading System (MTS), and even customers who do not currently hold personal pension or retirement pension accounts can briefly check the service configuration status.

Before setting up a pension receipt plan, users can choose between two pension receipt methods: receiving a lump sum payment at once or receiving a steady monthly pension as living expenses. Depending on the selected pension receipt method, the service provides customized tax-saving strategies and allows detailed confirmation of the expected taxes and post-tax receipt amounts by age and account.

Jeon Dong, head of the Product Solutions Division at NH Investment & Securities, said, "With the full-scale retirement of the baby boomer generation beginning, interest in pension receipt has increased, leading us to provide the Pension Receipt Experience service." He added, "Many customers find the taxation system during pension receipt complex and difficult, so we wanted to offer a direct receipt experience to help them learn easier ways to save on taxes." He also stated, "Since last year, we have been providing various services such as integrated pension assets, pension preparation diagnosis, and pension product picks to help customers manage their pension assets comfortably and stably. Including this service, we will actively support pension customers' retirement preparation as a pension advisor."