Youth Future Savings Calculator
Launched 22 June 2026 for Korean youth aged 19-34. Save up to ₩500K/month for 3 years; receive ₩20.8-22M including government match and interest.
Deposit Inputs
Cap ₩500,000
Base rate 5% (same at all banks) + up to 2–3% preferential rate by bank. Enter your bank's confirmed rate.
Maturity Simulation (3 years)
- Principal (monthly × 36)
- ₩ 18,000,000
- Government match
- ₩ 1,080,000
- Estimated interest
- ₩ 1,387,500
- Maturity amount
- ₩ 20,467,500
- Effective annual return
- 4.38%
- • Rates and match based on the Financial Services Commission announcement (June 2026). Check your bank's terms for final conditions.
Eligibility
- • Age 19–34 (extendable by military service period)
- • Personal income up to KRW 60M/year (gross salary basis)
- • Household income up to 200% of median
Youth Future Savings is a new asset-building support program for young adults, launched on 22 June 2026. Citizens aged 19–34 can save up to KRW 500,000 per month for 3 years, with the government contributing additional matching deposits at a fixed ratio. The age cap is extended by military service duration, so those who completed 2 years of service can join up to age 36. Income requirements are personal income up to KRW 60M/year (gross salary) AND household income up to 200% of median (per Statistics Korea). In 2026, this is roughly KRW 4.8M for a single-person household and KRW 13M for a four-person household. The calculator offers two scenarios: standard (government contribution ~6%) and preferred (~12%), with preferred applied to low-income youth, basic-livelihood recipients, etc. The government match is 6% (standard) or 12% (preferential) of deposits; check Kinfa for preferential eligibility criteria.
Compare with Youth Leap Account
| Youth Future Savings (Jun 2026) | Youth Leap Account (current) | |
|---|---|---|
| Term | 3 years | 5 years |
| Monthly cap | ₩500,000 | ₩700,000 |
| Personal income | ≤ ₩60M | ≤ ₩75M |
| Household income | ≤ 200% median | ≤ 250% median |
How to Apply (Expected)
Kinfa (Korea Inclusive Finance Agency) and participating bank apps/branches. Check Kinfa for the list of banks and enrollment schedule.
Worked examples
KRW 500K monthly deposit, general type
Assume: KRW 500K/month for 3 years (36 months), general type (6% government match), 5% annual interest rate. ① Principal = 500K × 36 = KRW 18M ② Government contribution = 18M × 6% = KRW 1.08M ③ Interest (simple interest, accrued per remaining month on each deposit) = KRW 1.3875M ④ Maturity payout = 18M + 1.08M + 1.3875M = KRW 20.4675M
KRW 500K monthly deposit, preferred type
Assume: KRW 500K/month for 3 years, preferred type (12% government match), 5% annual rate — same principal and interest as general type, only the match rate doubles. ① Principal = KRW 18M (same) ② Government contribution = 18M × 12% = KRW 2.16M (double the general type) ③ Interest = KRW 1.3875M (same) ④ Maturity payout = 18M + 2.16M + 1.3875M = KRW 21.5475M With identical principal and interest, qualifying for preferred status (e.g., low-income household, youth aging out of care) alone adds KRW 1.08M more from the government contribution.
Frequently asked questions
- When did Youth Future Savings launch?
- It launched on 22 June 2026. The first enrollment window ran 22 June – 3 July (with a birth-year rotation in the first week). Check Kinfa announcements for later enrollment rounds. The 3-year fixed rate is a 5% base plus up to 2–3% preferential rate depending on the bank.
- How is it different from the Youth Leap Account?
- YFS has a 3-year term with a KRW 500,000 monthly limit; the Youth Leap Account has a 5-year term with a KRW 700,000 monthly limit. YFS has stricter income requirements (KRW 60M personal / 200% median household) but a shorter lock-in. Which is better depends on your income and financial plan.
- How is the government contribution credited?
- Each monthly deposit triggers a separate government contribution credited at an estimated 6% (standard) or 12% (preferred). At maturity, you receive your principal + government contribution + interest as a lump sum. Early termination may forfeit the government contribution.
- What happens with early termination?
- You receive your principal and partial interest, but the government contribution is forfeited and some preferential rates may not apply. Consider that funds are locked when deciding to enroll.
- Can I enroll while already participating in the Youth Leap Account?
- Check with Kinfa or your bank whether dual enrollment is allowed. Typically, policy products with similar goals restrict overlapping enrollment or apply the government contribution to only one.
- Can foreign youth enroll?
- Foreigners who qualify as Korean residents (183+ days per year) can generally enroll. However, the calculation of preferred conditions and income requirements may differ — confirm with the Korea Inclusive Finance Agency or the issuing bank.
- Can I deposit less than KRW 500K per month?
- Yes, you can freely set your monthly deposit up to the KRW 500K cap. However, both the government contribution and interest scale with your deposit amount, so maxing out the limit produces the best total payout if you can afford to.
- Does it automatically roll over at maturity?
- Whether it auto-rolls over depends on the terms of the bank offering it. Confirm the maturity handling when you sign up.
Related Guides
Korea Youth Benefits Guide 2026
Explore other youth programs alongside Youth Future Savings — National Growth Fund, Youth Leap Account, Tomorrow Learning Card, and more.
Read guide →Official Sources
Always verify with the official sources below