청년도약계좌 일시납입 신청 Young people’s hope savings account maturity must be read! A summary of changing the account for young people’s leap forward

For the continuous formation of assets for young people, we support the connection between the youth hope savings account and the youth leap account. I would like to inform you in detail about the good points when signing up for a youth leap account, the period of application for a leap forward, and the procedure for joining. 청년도약계좌 일시납입 신청

■ What are the benefits of joining a youth savings account linked to a youth leap forward account?
You can temporarily pay the maturity receipt of the youth hope installment savings into the youth leap account, and the government contribution is also paid in one time! jasminevista.com

■ How can I make a temporary payment into a youth leap account?
<Example>
① 12.6 million won for the opening of the account → ② 700,000 won per month → ③ Transition of temporary payment for 18 months (1,260 = 70) is considered → ④ Additional interest income is possible!
* Subscribers can choose from 40, 50, 600,000 and 700,000 won (restrictions on intermediate changes after opening an account)

■ Youth Hope Savings Youth Leap Account Maturity Subscription Schedule
We will operate a linked subscription schedule from January 25th so that you can open a youth leap account immediately when the youth hope installment savings expires in February and March.
<Application period for consolidated subscription>
January 25 (Thursday) to February 16 (Friday)청년도약계좌 일시납입 신청

■ Account opening period by application date
· Applicants from January 25 (Thu) to February 2 (Fri) February 22 (Thu) to March 15 (Fri)
· Applicants from February 5th (Mon) to February 16th (Fri)
– Single-person households: February 26 (Mon) to March 15 (Fri)
– Households with two or more persons: March 4 (Mon) to March 15 (Fri)

■ Linked subscription registration procedures
① Application for subscription (Bank App) → ② Enter temporary payment information (Notification Talk guide*) → ③ Confirmation of temporary payment conditions and income requirements**, etc. ④ Account opening

* We will inform the applicant of the expected maturity receipt of the youth hope installment savings and expected profits when making a temporary payment
→ Please enter the temporary payment status and the amount of temporary payment in the notification talk link
** (Youth Hope Savings) Personal income of less than 36 million won per year
(Youth Leap Account) Individual income of less than 75 million won per year & median income of less than 180% based on households

■ FAQs on the linkage of youth savings accounts for the youth leap forward
① Can anyone join the youth hope installment savings account if it expires?
You must also meet the requirements to join a youth leap account!
* Youth under the age of 19 to 34 who meet the requirements for personal income (not more than 75 million won per year based on total salary) and household income (not more than 180% of the standard median income) (recognition of the period of military service performance)
② Will the expiration of the youth leap account be shortened if I make a temporary payment?
The maturity is the same as 5 years, regardless of whether you pay in a lump sum or not!
③ Can’t I join the youth leap account after the linked subscription schedule?
After that, you can apply for a monthly subscription*.
* However, temporary payment applications can only be made from March to April, and detailed information is provided separately

[Source] Korea Policy Briefing (www.korea.kr )