What requirements must be met to receive an early lump-sum payment?
To claim an early lump-sum payment, all requirements must be met in one of the following cases. <Eligibility requirements for early lump-sum payment in corporate-type DC> Case 1) All of t... Show Detail
I received benefits in a lump sum (one-time). Do I need to file a final tax return?
Income tax and residential tax are imposed as retirement income, and the taxation is completed only through withholding at source by submitting the specified declaration in the receipt procedure. (... Show Detail
What procedures are required when a participant dies?
The bereaved family may request a lump-sum death benefit. The bereaved family is requested to contact the AnswerCenter.(Link) (Please have the deceased's basic pension number or participant c... Show Detail
By what age should I start receiving my assets? Can I choose how I want to receive my assets?
You can choose when to start receiving benefits between the age of 60 and 75 . *Due to law amendments in April 2022, the claim period was expanded to between age 60 and age 75. You can ch... Show Detail
What is the retirement income deduction?
Retirement income deduction is a system that allows a certain amount of money to be deducted based on years of service when calculating taxable retirement income. If retirement income exceed... Show Detail
What is the public pension deduction?
The public pension deduction is a system that allows a certain amount of money to be deducted based on age and the amount of income from public pensions, etc. when calculating taxable miscellaneous... Show Detail
What types of benefits are available?
There are three types of benefits: "retirement benefits" to be received after age 60, in principle, "disability benefits" to be received upon serious disability, and a "lump-sum death benefit" to b... Show Detail
Can I receive retirement benefits in an individual-type DC (iDeCo) from age 60?
In order to receive retirement benefits from the age 60, those who joined an Individual-type DC (iDeCo) under the age 60 are required to have a total participation period of 10 years or more as of ... Show Detail
How can I confirm a beneficiary I designated for my lump-sum death benefit?
If you have designated a beneficiary for your lump-sum death benefit, you can confirm this in the following ways. ■How to check on the AnswerNet. Log in to the AnswerNet > Scroll down o... Show Detail
If you do not have total participation period by the age of 60, you will be able to file a claim after 5 years from enrollment. Show Detail
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