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Youth Future Savings (청년미래적금) is a three-year Korean policy savings product. Opening eligibility does not automatically mean eligibility for every benefit. Apply first, wait for screening, and open the account during the separate November window.
- Applications
- 7–16 October 2026, excluding weekends and holidays
- Hours
- 09:00–18:30 KST
- Structure
- Three years; flexible deposits up to ₩500,000 monthly
- Checked
- 8 October 2026 · FSC notice dated 6 October
Application and opening are separate
Birth years ending in an odd digit apply on 7 October and those ending in an even digit on 8 October. Eligible applicants can apply regardless of parity on 12–16 October.
Results are scheduled for 12–13 November and account opening for 16–27 November. Follow the provider’s notice if screening dates change.
Check income as well as age
The programme targets eligible people aged 19–34, with qualifying military-service adjustments. Personal income or small-business revenue and household-income tests apply. Use the official notice and provider screening for your circumstances.
Government contributions are 6% of eligible deposits for the standard category and 12% for the preferential category, subject to conditions. Some applicants receive tax treatment without contributions. These percentages are not the bank’s annual interest rate.
Separate deposits from benefits
Depositing ₩500,000 on 36 occasions means contributing ₩18 million yourself. Applying 6% or 12% to that amount gives ₩1.08 million or ₩2.16 million in a simplified illustration.
This excludes bank interest and assumes the same support rate and eligibility throughout. Missed deposits, withdrawal conditions and payment rules can change the result. Keep an emergency reserve and choose a sustainable monthly contribution.
Follow the switching order
Existing Youth Leap Account holders can apply, complete screening, open the new account and then request the specified special early termination within the opening window. Confirm the procedure before acting.
Compare the old account’s remaining term and benefits with the new conditions. Proposed 2027 improvements remain conditional on approval and are not treated here as guaranteed benefits.
Frequently asked questions
Is 12% the annual bank interest rate?
No. It is the government contribution percentage for eligible deposits in the preferential category. Bank interest and eligibility are separate.
Summary
The second application window closes on 16 October. Separate application from November opening, check individual and household eligibility, and distinguish government contributions from bank interest. Existing Youth Leap Account holders should follow the official switching order.
