Finance · Planned · 3 sources combined
Youth Future Savings Plan Phase 2
688,000 applications received
In short
688,000 people applied for the Youth Future Savings Plan Phase 2.
Combined with Phase 1, total applications reached 2.819 million.
Application review continues until November 13, and accounts can be opened from November 16.
Key facts
| When | 688,000 people applied during Phase 2 from October 7 to 16. |
|---|---|
| Who | 558,000 general wage earners, 108,000 small and medium enterprise employees, and 21,000 self-employed business owners applied. |
| What | Adding 2.343 million Phase 1 applicants, total applications reached 2.819 million. |
| How | Application review continues until November 13, and approved applicants can open accounts from November 16. |
What it means for me
Youth who completed Phase 2 applications must check the review results on November 13 and the account opening schedule on November 16.
