Youth Leap Account
Policy Overview
The Youth Leap Account is a policy-type financial product designed to support the mid-to-long-term asset formation of young adults aged 19 to 34. You can freely deposit up to 700,000 KRW per month, and the maturity is 5 years.
Main Benefits
- Government Matching Contribution: Depending on personal income level and deposit amount, a maximum of 24,000 KRW of government matching contribution is paid monthly.
- Tax Exemption: Tax exemption is applied to interest income, resulting in a very high real rate of return.
- High Interest Rate: You can expect an annual interest rate of up to 6% by adding income preferential interest rates to the basic interest rates of commercial banks.
Application Period and Method
You can apply for subscription non-face-to-face through the mobile apps of 11 handling banks (Kookmin, Shinhan, Hana, Woori, Nonghyup, etc.) during a designated period at the beginning of each month. After applying, you can open an account about two weeks later after a qualification review by the Korea Inclusive Finance Agency.
👤 Eligibility
Youth aged 19-34, gross salary of 75 million KRW or less, and household median income of 250% or less
📝 How to Apply
Apply non-face-to-face via mobile apps of handling banks during the designated period every month
Related Policies
2026 Earned Income and Child Tax Credit Regular Application
Regular application for Earned Income and Child Tax Credit to support low-income working households by providing tax refunds based on income and property criteria.
👤 Total property of household members less than 240 million won and combined gross income less than 22M (single), 32M (single-earner), or 38M (dual-earner) won.
2026 Youth Future Savings Account
A 3-year savings account for youth aged 19-34 offering 6-12% government matching funds and tax-exempt interest income.
👤 Aged 19-34, gross income under 75 million KRW, median income under 200%
2026 Youth Tomorrow Savings Account
A policy that helps working youth prepare a lump sum of money by providing an additional 100,000 to 300,000 won per month from the government if they save 100,000 won every month for 3 years.
👤 Working youth aged 19-34 (15-39 for recipients) whose household recognized income is 100% or less of the standard median income.