The Youth Future Savings (청년미래적금) program is a government-backed savings product designed to help young Koreans build wealth. By depositing a set amount monthly, participants receive government contributions and tax-free interest, achieving an effective annual return of over 10% in 2026.
This guide covers eligibility requirements, government contribution rates by income bracket, comparison with the Youth Leap Account, and effective return analysis.
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Eligibility Requirements
Ages 19 to 34 (up to 6 additional years for military service)
Gross salary under 75M won or total income under 63M won
Household income must be under 250% of median income
Up to 700,000 won/month, 3-year maturity (max total: 25.2M won)
Government Contributions by Income
| Gross Salary | Contribution Rate | Monthly (at 700K) |
|---|---|---|
| Under 24M won | 6.0% | 42,000 won |
| 24M ~ 36M won | 4.6% | 32,200 won |
| 36M ~ 48M won | 3.7% | 25,900 won |
| 48M ~ 75M won | 3.0% | 21,000 won |
Tax-Free Benefits & Effective Returns
Interest earned on Youth Future Savings is completely tax-free. Regular savings accounts are subject to 15.4% interest income tax, but this product lets you keep 100% of the interest.
For a participant depositing 700,000 won/month at 4.5% annual interest in the lowest income bracket, the 3-year total return including government contributions and tax savings can reach an effective annual rate of approximately 10.3%.