hello? Have you heard of the Youth Leap Account that will be launched in June? In difficult economic times like these days, interest in savings products is increasing.
In this post, we will look at the terms and conditions for joining the Youth Leap Account, which will be released in June, and the application period. The contents of this post refer to the contents of the mid-term announcement of the Youth Leap Account operation plan announced on March 8th, so please remember that the contents of the official release in June may change.
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
What is Youth Leap Account?
Youth Leap Account
The Youth Leap Account is an account for young people who can accumulate a lump sum of 50 million won with interest when paying 700,000 won a month. Announcing that it will be released in June, it is attracting a lot of attention from young people. Being able to achieve 50 million won by saving little by little is a really attractive benefit.
Youth Leap Account
Youth Leap Account
Youth Leap Account
📢 Monthly contribution of up to KRW 24,000 when paying KRW 400,000 ~ KRW 700,000 per month
📢 5 year maturity
📢 Interest income tax exemption
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Conditions for joining the Youth Leap Account
📢 Personal income less than 75 million won
📢 180% or less of the median household income
Median Income Simulation Calculator
📢 Ages 19-34
📢 Restriction on registration for comprehensive financial taxpayers more than once in 3 years (2020, 2021, 2022)
📢 You are 33 years old when you sign up, so you can maintain your account even if you are not of age at expiration
Youth leap account contribution
It is because of this contribution that the Youth Leap Account is getting a lot of attention. However, the maximum contribution you can receive varies depending on your income. You can freely pay up to KRW 700,000 per month, and the higher the payment amount, the more contributions you can receive.
Youth Leap Account
Youth Leap Account
Youth Leap Account
gross income contribution
24,000 won per month when paying 400,000 won under 24 million won
24,000 ~ 36,000,000 won 23,000 won per month when paying 500,000 won
22,000 won per month when paying 36 million to 48 million won and 600,000 won
21,000 won when paying 700,000 won between 48 million won and 60 million won
KRW 60 million to KRW 75 million No contribution, only tax exemption benefits
Youth Leap Account
Youth Leap Account
Youth Leap Account
Calculate the expected amount of receipt for the Youth Leap Account
Let’s calculate the estimated maturity payment you can receive by signing up for a Youth Leap Account. This is just an example, so please calculate by substituting your income and payment amount.
<Calculation of the estimated receipt amount of Mr. Hong Gil-dong>
– Total salary: KRW 30 million
– 700,000 won per month
– Principal at maturity of 5 years: KRW 42 million (KRW 700,000 * 12 months * 5 years)
– Government contribution: KRW 1.38 million (KRW 23,000 * 12 months * 5 years)
– Interest based on 5% installment savings (estimated): KRW 53.37 million
– Received a total of 48.17 million won
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
How to sign up for Youth Leap Account
📢 Non-face-to-face screening through mobile app from June
📢 You can apply for subscription every month until December 2023
📢 Household member standard at the time of registration
📢 Eligibility screening is scheduled every year from the date of registration, and government contributions are adjusted every year to match the decrease or increase in income
📢 Based on 21 year income until 22 year income is confirmed
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account, Youth Hope Installment Savings Duplicate subscription
Unfortunately, it is not possible to sign up for the Youth Leap Account and Youth Hope Savings Savings. If you already have Youth Hope Savings Savings, you can sign up for maturity or early termination. If you are already subscribed to Youth Hope Savings Savings, please check which product is better to sign up for.
Youth Leap Account vs Youth Hope Savings Savings
Youth Leap Account Youth Hope Installment Savings
Ages 19 to 34
Income conditions Individual income less than KRW 6 million
180% or less of the existing median income Total salary of 36 million won or less
(Comprehensive income less than KRW 26 million)
Payment terms 5 year maturity
Up to KRW 700,000 per month, due for 2 years
Payment of up to 500,000 won per month
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
So far, we have looked at the Youth Leap Account, which will be launched in June. I hope my post was of some help. I hope you take care of your health in the cold weather every day. thank you
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account
Youth Leap Account