South Korea's Youth Future Savings Plan signed up 1.385 million people, or about 1.39 million, after 2.34 million applications were filed between June 22 and July 3, prompting the Financial Services Commission (FSC), the country's financial regulator, to review an additional enrollment round in September. Of 1.55 million applicants who passed income-based screening, 983,000 joined the General Plan and 389,000 the Preferred Plan, while 12,000 higher-income subscribers qualified only for tax-exempt interest without government contributions. People aged 25 to 29 made up the largest group, followed by those aged 30 to 34 and 19 to 24. Authorities said 796,000 applicants failed screening, mainly because of missing consent or documents, and 409,000 of those applicants will be allowed to apply again if the supplementary round goes ahead. The rollout also included an administrative error in which about 3,000 people were incorrectly told they qualified for the Preferred Plan and some closed existing Youth Leap Accounts before authorities corrected them to the General Plan and promised remedial steps.