South Korea to launch child independence fund with 70 million won savings goal

  • South Korea's government plans to launch the Our Child Independence Fund.
  • Families could accumulate approximately 70 million won through the program.
  • The fund is scheduled for launch in the second half of next year.

South Korea's government plans to launch the Our Child Independence Fund in the second half of next year. The program is designed to help families build approximately 70 million won in savings through long-term investment until children reach adulthood, while also providing full tax exemption.

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