Basic guide to iDeCo
Complete Guide to iDeCo (Individual-Type Defined Contribution Pension) What is iDeCo? iDeCo (individual-type Defined Contribution pension) is a private pension system established under Japanese law to support retirement asset building. Participants make their own contributions, manage investments, and receive benefits as a future pension. The system is regulated by the Defined Contribution Pension Act of Japan. Main Benefits Comprehensive Tax Advantages Contribution deductions : All contributions are fully deductible from taxable income Tax-deferred growth : Investment gains and dividends are not subject to taxation during the accumulation period Favorable withdrawal taxation : Tax benefits apply when receiving benefits, with options for lump-sum or pension-style withdrawals Flexible Investment Management Wide selection of investment options including mutual funds, bank deposits, and insurance products Ability to combine multiple products based on individual risk tolerance and in...