Official South Korean government savings matching program for low-income Korean youth: save 100,000 KRW/month, get 300,000 KRW government matching, total 14.4M KRW at 3-year maturity
| Age | 19–34 (15–39 for livelihood recipients, near-poor, single-parent households) |
| Household income | ≤ 50% of Korean median income (near-poor or below) |
| Personal work/business income | 100,000 KRW ≤ monthly income ≤ ~2.5M KRW |
| Household assets | ≤ 350M KRW (metro), 200M KRW (mid-city), 170M KRW (rural) |
| Exclusions | Cannot double-enroll with similar asset-formation programs such as Youth Leap Account |
| Your deposit (required) | 100,000 – 500,000 KRW/month |
| Government matching (≤ 50% median) | 300,000 KRW/month |
| Maturity | 3 years (36 months) |
| 3-year payout (if you save 100k/mo) | 14,400,000 KRW total (3.6M self + 10.8M gov) + interest |
| 2026 new enrollment window | Approx. May 4 – May 20, 2026 (official notice) |
| Eligibility check | Korean local community center (jumin-senter) or Asset Formation Portal |
| Designated bank | Hana Bank (designated trust bank, subject to change) |
| Payout | 3 years after enrollment, if all conditions are maintained |
Always verify the latest enrollment rules on the official Korean sources below.
| Health & Welfare Hotline | 129 (toll-free, Korea only) |
| Asset Formation Help Line | 1522-3690 |
| Local Community Center | Enrollment & screening inquiries |
This page is a South Korea–only program summary of public information from the Ministry of Health and Welfare, Asset Formation Portal, and Bokjiro as of April 2026. Eligibility, matching amounts, and enrollment periods change each fiscal year; simulated figures are for reference only and carry no legal effect. Always confirm the current notice with an official Korean community center or at hope.welfareinfo.or.kr before applying.
The Youth Tomorrow Savings Account (청년내일저축계좌) is a South Korean government asset-formation subsidy operated by the Ministry of Health and Welfare and the Korea Self-Sufficiency Development Center. Working Korean youth (age 19–34, or 15–39 for livelihood/near-poor/single-parent households) from households with ≤ 50% of Korean median income deposit 100,000 KRW per month; the government matches 300,000 KRW per month. After 3 years of continuous participation, the saver receives 3.6M KRW self + 10.8M KRW government = 14.4M KRW plus interest. In 2026, only the ≤ 50% median tier is open for new enrollment (the higher-income 50–100% tier is closed). Recipients must keep working, complete yearly education on the portal, and submit a fund-usage plan at maturity.
Usually not. The two programs are cross-excluded to prevent double subsidy; check the current year's Korean government notice to confirm the overlap list.
Short-term unemployment or job change qualifies for a 'deposit pause' while keeping the account. Exceeding the cumulative pause limit or failing to resume work may trigger clawback of the government match — contact your Korean community center immediately.
Deposits start at 100,000 KRW/month with optional pauses. Near-poor or livelihood households can also stack this with Hope Savings Account I, basic income for youth, or Korea's Youth Monthly Rent Support.
Housing, land, jeonse/wolse deposits, cars, and financial assets are all aggregated with baseline exemptions. You can estimate on Bokjiro's calculator, and your Korean community center will issue the binding screening result.
It is intended for self-sufficiency: housing, education, starting a business, or marriage costs per the submitted fund-usage plan. Frivolous spending can trigger penalties; review the Asset Formation Portal's guide before drawing down.
Korean-resident nationals are the default. Marriage immigrants and a few other groups may qualify case-by-case — ask your Korean community center.
South Korea's 2026 Youth Tomorrow Savings Account (청년내일저축계좌) is the Ministry of Health and Welfare's asset-formation subsidy for low-income Korean youth. Working Korean youth aged 19–34 (15–39 for livelihood/near-poor/single-parent households) from households below 50% of Korean median income save 100,000 KRW/month and receive 300,000 KRW/month government matching, producing 14.4M KRW plus interest after a 3-year lock-up (3.6M self + 10.8M government). The 2026 enrollment window runs approximately May 4–20, 2026 and is limited to the ≤ 50% median tier — the previous 50–100% tier is closed for new applicants. Apply via Bokjiro online or a Korean community center. Maintain employment, complete annual online education, and submit a fund-usage plan at maturity to avoid clawbacks. Verify details via hope.welfareinfo.or.kr, Bokjiro, or the Korean Ministry of Health & Welfare hotline 129. This program applies exclusively to residents of the Republic of Korea.