Korea Salary Calculator 2026
How much of your Korean salary actually lands in your bank account — after the 4 major insurances and income tax. Updated for 2026 rates.
Monthly deductions
- Gross monthly pay₩4,166,667
- National Pension (4.75%)−₩188,417
- Health Insurance (3.595%)−₩142,602
- Long-term Care Ins.−₩18,738
- Employment Ins. (0.9%)−₩35,700
- Income Tax−₩236,360
- Local Income Tax−₩23,636
- Monthly take-home₩3,521,214
What gets deducted from a Korean paycheck?
Korean employers withhold the 4 major social insurances and income tax every month. For 2026, the employee shares are: National Pension 4.75% (rising 0.5%p every year until 2033 under the pension reform), Health Insurance 3.595%, Long-term Care Insurance (13.14% of your health premium), and Employment Insurance 0.9%. Income tax is progressive (6–45%) with a local income tax surcharge of 10% on top.
Foreign workers are generally enrolled in the same system as Korean employees. Some nationalities are exempt from National Pension under social security agreements (e.g. lump-sum refund rules vary by country) — check with the National Pension Service. A flat 19% tax rate election is also available to eligible foreign engineers/executives for their first 20 years in Korea; this calculator uses the standard progressive rates.
Sources: National Pension Service, National Health Insurance Service, Ministry of Employment and Labor, National Tax Service (2026 rates). Results are estimates (within ~1.5% of payroll withholding tables); your actual payslip may vary with company-specific allowances. This is not tax advice.