Youth Future Savings launches — applications open from 22 June to 3 July
Source material is a Korean government announcement (in Korean).
Youth Future Savings (청년미래적금) launched on 22 June 2026 and takes applications until 3 July (excluding Saturdays and Sundays). It has a 3-year term, no tax on interest income, and a matching government contribution (6% standard type, 12% preferential type).
Key facts
| Who can apply | Young people born between 1 January 1991 and 7 August 2007 (time spent on military service excluded from the age calculation, up to 6 years) |
|---|---|
| Application period | 22 June to 3 July 2026 (2 weeks, excluding Saturdays and Sundays) |
| Government contribution | Matched at 6% for the standard type, 12% for the preferential type |
| Product structure | Flexible-deposit installment savings with a 3-year term, exempt from tax on interest income |
| How to apply | Remotely through the app of a participating institution (no documents needed) |
Last checked:
Youth Future Savings (청년미래적금) launched on 22 June 2026 and is taking applications for 2 weeks until 3 July (excluding Saturdays and Sundays). It is open to young people born between 1 January 1991 and 7 August 2007 (time spent on military service is excluded from the age calculation, up to 6 years), and the government matching contribution rate is 6% for the standard type and 12% for the preferential type. It is a flexible-deposit installment savings product with a 3-year term and exemption from tax on interest income. You can only apply remotely through the app of a participating institution, and no documents need to be submitted. About 196,000 people applied on the first day.
Summaries below are factual notes based on government announcements and primary sources — not evaluations or opinions.
FAQ
When is the deadline to apply for Youth Future Savings?
Applications are taken for 2 weeks, from 22 June to 3 July 2026 (excluding Saturdays and Sundays).
What is the age requirement?
It is open to young people born between 1 January 1991 and 7 August 2007. Time spent on military service is excluded from the age calculation, up to 6 years.
How much do I get from the government?
Depending on income and other factors, the government matches 6% of your monthly deposit for the standard type and 12% for the preferential type. You can check the maturity amount with the calculator below.
How do I apply?
You can only apply remotely through the app of a participating institution, and no documents need to be submitted.