[Information] 2023 Youth Tomorrow Savings Account

We support young people who meet all four of the following criteria: age, income standards, household income, and household assets.

▶ Eligibility Age: Young adults aged 19 to 34 at the time of application
However, recipients, those in the next-lowest income bracket, and those with an income below 50% of the standard median income are allowed from age 15 to age 39.

▶ Earned/Business Income: Young people currently engaged in employment whose earned/business income exceeds 500,000 won but is 2,200,000 won or less per month.
However, recipients of basic livelihood support, those in the next-lowest income bracket, and those with an income below 50% of the standard median income must currently be engaged in employment and generate at least 100,000 won in monthly labor or business income.

▶ Household Income: 100% or less of the median income based on recognized income standards
▶ Household Assets: 350 million KRW or less in large cities, 200 million KRW or less in medium and small cities, and 170 million KRW or less in rural areas

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For monthly personal savings contributors only, a fixed amount of government support is matched against personal savings of 100,000 KRW or more (from the 23rd of the previous month to the 22nd of the current month, prior to the deposit deadline).

▶ Over 50% to 100% of median income: Fixed matching amount of 100,000 KRW
👉 Maturity: 7.2 million KRW + Interest (including personal savings of 3.6 million KRW)


▶ Median income 50% or lower: Fixed matching amount of 300,000 KRW
👉Maturity: 14.4 million KRW + Interest (Including personal savings of 3.6 million KRW)
The full amount of accumulated funds will be paid upon maintaining the account for 3 years, continuing employment, completing training, and submitting a fund usage plan.


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You can apply by visiting your local Eup, Myeon, or Dong Community Center or online through Bokjiro.

[Offline, Visit Application]

▶ Application at Eup/Myeon/Dong Community Centers: May 1, 2023 (Mon) ~ May 26, 2023 (Fri)
- For the first two weeks of the application period (May 1–May 12), the five-day rotation system based on the date of birth will be applied.


Monday (May 1, 8) Last digit of birth date: 1, 6
Tuesday (May 2, 9) Last digit of birth date: 2, 7
Wednesday (May 3, 10) Last digit of birth date: 3, 8
Thursday (May 4, 11) Last digit of birth date: 4, 9
Friday (May 12) last digit of birth date 5, 0

[Online Application]
▶ Bokjiro Online Application: May 15, 2023 (Mon) – May 26, 2023 (Fri)