퇴직연금의 연금자산 형성 지원을 통한 중․장년층 보장성 강화를 위한 조세제도의 개선방안

[Purpose]This study investigates how to revise tax laws to support enlarging retirement pension assets for the later life preparation of middle－aged class and, as a result, strengthen the security adequacy of the retirement pension. [Methodology]This study mainly adopts the quantitative methodologies based on tax laws. [Findings]Under the insufficient contribution of public pension for later life preparation, tax preferences for retirement pension should be expanded in the payment phase to overcome such adverse policy environments. For that purpose, the catch－up plan, which was adopted in the pension accounts tax credit in individual income taxation from 2020 to 2022, and is implemented permanently in the United States, should be enforced again to help build the retirement assets of middle－aged class as the characteristics of labor market and asset portfolio generally obstruct the effective later life preparation of them. Specifically, limit amount of the pension accounts tax credit for pension saving should be raised from 6 million KRW to 8 million KRW, and that for whole pension accounts, pension saving plus retirement pension, should be raised from 9 million KRW to 12 million KRW for the conformity of tax laws criteria. [Implications]This study is expected to provide policy implications to contribute to further revisions of tax laws.