Korean MOEL Youth Tomorrow-Filling Deduction (청년내일채움공제) calculator for existing enrollees. New enrollment closed since 2024; Korean youth should use Youth Leap Account or Youth Tomorrow Savings Account instead.
| Operator | Korea Ministry of Employment and Labor / Korea SMEs and Startups Agency |
| Legal basis | Korean Special Act on Youth Employment Promotion; MOEL operational guidelines |
| Timeline | Pilot 2016, national rollout 2017, new enrollment closed Jan 2024 |
| Goal | Support long-term retention and asset building for Korean youth in SMEs |
| Structure | Youth contribution + employer contribution + Korean government subsidy → lump-sum at maturity |
| 2-year plan | Youth 4M + Company 4M + Gov 4M = 12M KRW + interest |
| 3-year plan | Youth 6M + Company 6M + Gov 6M = 18M KRW (ended Dec 2021) |
| Current status | No new enrollment from Jan 2024; existing continue to maturity |
| Age | 15–34 (up to 6 years added for Korean military service) |
| Employment | Korean youth with ≤12 months of prior Korean employment insurance coverage |
| Company | Korean SME/mid-size firms (5+ employees; some industries excluded) |
| Salary | Monthly wage ≤3M KRW at enrollment (per original guidelines) |
| Exclusions | Cannot combine with other Korean in-service Tomorrow-Filling Deductions or public-sector jobs |
| Youth Leap Account (FSC, banks) | Age 19–34, up to 700k KRW/mo × 5 years + gov + interest = ~50M KRW |
| Youth Tomorrow Savings Account (MOHW) | Low-income youth 100k/mo + gov 300k match × 3yrs = 14.4M KRW |
| Youth Job Leap Incentive (MOEL) | Youth + company combined up to 12M KRW (14.4M non-metro) |
| Military Tomorrow-Savings (MND) | Active-duty Korean soldiers 550k/mo × 18mo + 1:1 gov + 5% tax-free |
| Youth reason (voluntary resignation, duplicate) | Only personal savings + interest; gov/employer contributions clawed back |
| Employer reason (bankruptcy, layoff) | Full payout may be possible if unemployment certified |
| Life events (illness, marriage, parenting, study) | Resume within 6 months without early termination |
| Near-maturity | Keeping to maturity is economically favorable (3x+ personal contribution) |
Rules follow Korean MOEL notices. For new enrollment, use the Korean Youth Leap Account / Youth Tomorrow Savings Account.
This is a South Korea–only summary of Korean MOEL/SMEs-and-Startups Agency guidance as of April 2026. New enrollment in the Youth Tomorrow-Filling Deduction has been closed since January 2024 — the program is in wind-down, serving only existing Korean enrollees through maturity. For new Korean youth, alternatives include the Youth Leap Account, Youth Tomorrow Savings Account, Youth Job Leap Incentive, and Military Tomorrow-Savings. The calculator shows a simplified sum reference. The actual amount depends on your Korean enrollment date, plan, payment history, interest, and the 15.4% Korean interest-income withholding tax. This tool has no legal effect and is not affiliated with Korean MOEL or the SMEs and Startups Agency — confirm via the Korean official portal (sbcplus.or.kr) or the MOEL hotline 1350.
Korea's Youth Tomorrow-Filling Deduction (청년내일채움공제) was an asset-building and retention-incentive program under the Korean Special Act on Youth Employment Promotion, operated by Korea's Ministry of Employment and Labor and the Korea SMEs and Startups Agency from 2016 to 2023. Korean youth aged 15–34 hired as regular employees at Korean SMEs contributed about 3M KRW over 2 years; the Korean employer contributed 4M KRW and the Korean government added 4M KRW, maturing to ~12M KRW (plus interest) as a lump-sum. The 3-year variant (18M KRW) ended in December 2021, and the 2-year variant ceased new enrollment in January 2024. Existing Korean enrollees continue through maturity. New Korean youth should consider Youth Leap Account (5-year, ~50M KRW), Youth Tomorrow Savings Account (low-income 3-year), or Youth Job Leap Incentive. Principal is tax-free; only the interest portion is subject to 15.4% Korean withholding.
No. New Korean enrollment closed in January 2024. Only those enrolled before 2023 may continue to maturity. New Korean youth should use the Korean Youth Leap Account, Youth Tomorrow Savings Account, or Youth Job Leap Incentive.
Voluntary resignation or duplicate enrollment → only personal savings + interest; employer/gov contributions are clawed back. Employer failure (bankruptcy/layoff) may entitle you to the full payout. Legitimate life reasons (illness, marriage, parenting, study) allow resumption within 6 months without early termination.
Principal (youth + company + gov) is tax-free; only the interest portion incurs the Korean 15.4% interest-income withholding tax. No Korean employment-income tax applies to the payout itself.
The Youth Tomorrow-Filling Deduction targets newly hired Korean youth (≤12 months prior employment-insurance history), while the In-Service version (ended 2022) was for Korean youth already employed at SMEs, over 5 years. Both have closed to new enrollment as of 2024.
Receive the agency notice ~1 month before maturity, log in to sbcplus.or.kr, submit 'Maturity Claim' with your Korean bank account. After employer confirmation within ~5 business days, the lump sum is deposited.
South Korea's Youth Tomorrow-Filling Deduction (청년내일채움공제) was an asset-building and retention-incentive program operated by the Korean Ministry of Employment and Labor and the Korea SMEs and Startups Agency under the Korean Special Act on Youth Employment Promotion from 2016 to 2023. Korean youth aged 15–34 hired at Korean SMEs/mid-size companies contributed approximately 3 million KRW over 2 years, with the Korean employer contributing 4M KRW and the Korean government adding 4M KRW — maturing to about 12M KRW plus interest, paid as a lump sum. A 3-year variant (18M KRW) ended in December 2021, and the 2-year variant ceased new enrollment in January 2024. As of 2026, the program serves only existing Korean enrollees through maturity. For Korean maturity claim, the Korea SMEs and Startups Agency mails a notice ~1 month before maturity; Korean claimants log in to sbcplus.or.kr, submit the claim, and receive the lump-sum deposit after ~5 business days. Principal is tax-free; only the interest portion is subject to Korea's 15.4% interest-income withholding tax. New Korean youth should instead use: (1) Korean Youth Leap Account (5-year, ~50M KRW maturity via the Korean Financial Services Commission and banks); (2) Youth Tomorrow Savings Account (low-income 3-year, 14.4M KRW via Korean Ministry of Health & Welfare); or (3) Youth Job Leap Incentive (Korean SME-hired youth + employer combined up to 12M KRW). Early termination: youth-fault → only personal savings + interest; employer-fault → possibly full payout if unemployment is certified; life events with 6-month resumption → no early termination. Applies to residents of the Republic of Korea.