Self-Employed Pension Calculator

Optimal pension strategy for business owners

Calculate the optimal combination of National Pension, Pension Savings, and IRP for self-employed and freelancers. Check tax benefits and expected pension at a glance.

๐Ÿช Self-Employed Pension Features

Self-employed pay 9% of income to National Pension entirely by themselves. However, by utilizing Pension Savings and IRP, you can get tax credits up to 7 million won, combining tax savings and retirement preparation. For self-employed with irregular income, pensions provide stable retirement income.

๐Ÿง“ Pension Calculator

Expected Monthly Pension

2,266,033์›

Income Replacement: 64.7%

National

840,000์›

Private

1,426,033์›

๐Ÿ›๏ธ National Pension

Monthly Contribution157,500์›
Total Contribution3780๋งŒ์›
Expected Monthly840,000์›
Replacement Rate24.0%

๐Ÿ’ฐ Private Pension

Monthly Contribution300,000์›
Total Contribution1.26์–ต์›
Accumulated (Compound)3.42์–ต์›
Expected Monthly1,426,033์›
Annual Tax Credit594,000์›

๐Ÿ“Š Income Replacement Analysis

Current Monthly Income3,500,000์›
Expected Pension2,266,033์› (64.7%)

Recommended: 70%+ replacement

โš ๏ธ Need additional 183,967 monthly.

๐Ÿ’ก Pension Savings Comparison

MonthlyTax Credit/yrAccumulatedMonthly Payout
100,000์›198,000์›1.14์–ต์›475,344์›
200,000์›396,000์›2.28์–ต์›950,688์›
300,000์› โ†594,000์›3.42์–ต์›1,426,033์›
400,000์›660,000์›4.56์–ต์›1,901,377์›
500,000์›660,000์›5.70์–ต์›2,376,721์›
๐Ÿง“

Pension Calculation Result

Monthly 2,266,033์›

โœจ National 840,000 + Private 1,426,033

Income replacement 64.7%

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Note

This is an estimate. Actual pension amounts vary based on contribution history. Contact the NPS (1355) for accurate information.

๐Ÿ“ Pension Calculation

National Pension = Monthly Income ร— 9% (self-paid)

Tax Credit = (Pension Savings 4M + IRP 3M) ร— 16.5%

Max Tax Credit = 7M ร— 16.5% = 1.155M KRW

๐Ÿ“ How to Calculate

  1. Enter monthly average business income
  2. Check current National Pension payment
  3. Enter Pension Savings/IRP contribution plan
  4. Review expected tax credits and pension
  5. Build optimal pension portfolio

๐Ÿ“Š Self-Employed Tax Credit Simulation

Annual IncomePension SavingsIRPCredit RateRefund
Under $33K$3,300$2,50016.5%$957
$33K-$46K$3,300$2,50016.5%$957
Over $46K$3,300$2,50013.2%$766
Over $83K$2,500$2,50013.2%$660

๐Ÿ’ก Self-Employed Pension Strategy

  • Extend coverage period with voluntary National Pension
  • Fill Pension Savings 4M first, then add IRP 3M
  • Maintain minimum contribution in low-income years
  • Additional deductions with Small Business Mutual Aid
  • Keep Pension Savings after closure for compound effect

โ“ FAQ

Is National Pension mandatory for self-employed?

If you have business income, enrollment is mandatory. However, if income is very low or none, you can apply for payment exemption.

Which is better: Small Business Aid or Pension Savings?

Enroll in both. Small Business Aid offers income deduction (max 5M), while Pension Savings offers tax credit (max 4M) - different benefit structures.

What happens to pension if I close my business?

National Pension coverage continues, and Pension Savings/IRP remain if not terminated. Contributions become optional after closure with no income.

๐Ÿ“š Panduan perhitungan lokal

Logika rumus

Menggunakan rumus publik untuk keuangan, pinjaman, rasio, dan konversi satuan.

Cakupan sumber

Mengacu pada standar publik dan praktik umum per negara.

Asumsi

Pajak, biaya, suku bunga, dan batas berbeda antar wilayah/lembaga.

Result Interpretation

Gunakan hasil ini sebagai skenario dasar. Sebelum memutuskan, bandingkan dengan penawaran nyata dan aturan pajak lokal.

Preset lokal

Mata uang: IDR

Satuan: metric

Model pajak: US payroll estimate

Catatan regulasi

Alat ini memakai preset regional untuk estimasi. Syarat nyata dan batas hukum dapat berbeda menurut lembaga dan aturan lokal.

Aksi yang disarankan

  • Bandingkan minimal 2-3 penyedia lokal sebelum final.
  • Cek ulang biaya, pajak, dan klausul pelunasan dipercepat secara tertulis.
  • Uji skenario stres dengan bunga +1-2% dan pendapatan turun.

Sebelum keputusan nyata, pastikan aturan terbaru di lembaga setempat.

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