Seniors Age 65+ Benefits
In 2023, as the mannai changes, there may be people who do not receive 65-year-old benefits. As this year enters, there is a way to simply view the government-supported senior citizen benefits over 65 years of age. 65세 이상 혜택
Benefits for seniors aged 65 and over 좋은뉴스
As Korea gradually becomes an aged society, many people are curious about the benefits for those over 65 years old. Let’s find out if there are any newly added benefits in 2023.
1) Basic pension
The basic pension is often confused with the old-age pension, but it is a system that can be received separately from the national pension, and can be additionally received according to assets and standards.
The target of receiving the basic pension in 2023 varies depending on single/single/double-income, and single households will receive up to KRW 307,500 per month.
For married couples, the maximum amount that can be received is KRW 492,000.
➡️Check basic pension eligibility criteria
2) Dental support
If you go to the dentist because your teeth are uncomfortable, you can receive up to 70% support for two treatments, but it is recommended to check prosthetics or more details before visiting.
3) Medical care benefit
For long-term care benefits, which are divided into 3 types, you can receive facility benefit support according to the 1st or 2nd grade, etc.
If you use a nursing facility for a long time, your family will probably be burdened with the monthly expenses, but you can receive support for this part.
Types of medical care benefits
There is also a home benefit that provides support such as visiting care or home visits, bathing and nursing services. There is a co-payment, but after deducting it (15%), you can receive benefits.
If there is a person living in a special area and it is difficult to move to a nursing home, cash support may be provided as a special case. Please note that up to KRW 150,000 can be paid for medical expenses.
4) Vaccination
For shingles, which is known as a mandatory vaccination for those over 50, it is especially good to get vaccinated in advance.
Shingles affects the body’s immune system when it feels a sudden change in temperature, so it is recommended to get vaccinated before summer or too cold winter weather begins.
The amount varies by hospital, so you can inquire in advance before going.
➡️What is the cheapest place to get shingles vaccination?
How to Get a Free Shingles Vaccine
How to Get a Free Shingles Vaccine
The age group that needs shingles vaccination is from 50 years of age or older. If you receive a subsidy such as free or 50% support from the city, you can get vaccinated in advance at a cheaper price. What Causes Shingles? big
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You should know that the average amount is approximately 100,000 to 200,000 won, but it is known that you only need to be vaccinated once in your life.
5) Communication fee discount
For basic pension recipients, the communication fee with additional benefits is up to 50%, and the monthly limit is KRW 12,100.
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If you are already receiving welfare support from the state for the disabled or persons of national merit, etc., it is not possible to duplicate it, so it would be good to check it in advance.
6) Livelihood savings and tax exemption
Tax-free benefits that have almost disappeared in the financial sector can also be benefited by subscribing to a livelihood savings of less than 30 million won. Non-taxation means that you are not entitled to any interest tax that you will receive after saving.
7) Inheritance tax deduction
This benefit is also available to those over the age of 60, and it is said that they give inheritance tax deductions of up to 30 million won per person. Inheriting in advance can also be a way to save on taxes.
8) Preferential treatment for the elderly
If you are living with a family member aged 65 or older among dependents, you can add 1 million won per person to the annual deduction amount.
If your family is over 70 years of age, you will receive a deduction of 1.5 million won for one year, which is advantageous for income deduction and year-end tax settlement.
Seniors Age 65+ Benefits
9) Public transportation discounts
You will also use the subway benefits a lot from before, but you can get a discount after registering a transportation card for a preferential ticket at the local eup, myeon, or dong office, or even when issuing a disposable card.
Other benefits include a 30% discount on ktx Saemaeul, discounts on movie theaters, discounts on admission to national parks, senior startup consulting, additional deduction for medical expenses, and 10% discount on domestic flights.