Taiwan Passes Children’s Future Account Act: NT$60,000 Annual Subsidy Until Age 18
Taiwan’s Legislative Yuan passed the third reading of the Child and Youth Future Accounts Act, establishing a mandatory state-backed savings program designed to accumulate financial assets for minors until they reach adulthood. Under the newly approved legislative framework, the government will contribute up to NT$60,000 annually into dedicated accounts for eligible children, creating a projected … Read more