Basic guide to iDeCo

Basic guide to iDeCo (individual-type defined contribution pension)

What is iDeCo?

iDeCo (individual-type defined contribution pension) is a system that supports asset formation in retirement. You can save up your own contributions while managing them and receive them as a future pension.

Main benefits


Full tax benefits


Contributions are fully tax deductible


Investment gains are tax-free


Tax benefits are also available when receiving the money


Flexible management


You can choose from a wide variety of products, including investment trusts, deposits, and insurance products

You can combine products according to your own risk tolerance


Who can join


Company employees and civil servants (up to 23,000 yen per month if they do not have a corporate pension)

Company employees with a corporate pension (up to 12,000 yen per month)

Full-time housewives and househusbands (up to 23,000 yen per month)

Self-employed people (up to 68,000 yen per month)


Points to note


Withdrawals are not permitted until age 60 as a general rule

Fees apply (account management fees, investment product fees, etc.)

Manage at your own risk

If you want to receive it as a pension, you need to receive it for 10 years or more


How to get started


Check the conditions for joining


Select a financial institution


Set the premium amount


Select an investment product


Application procedure


Investment points


Manage your investment from a long-term perspective


Be aware of diversification


Regularly check your investment status


Review your asset allocation if necessary


In conclusion

iDeCo is an effective tool for building assets for retirement, but it is important to consider it in accordance with your own financial situation and future plans. If you have any questions, we recommend that you consult a financial institution or an expert.


This text was created by a generative AI.

Hello and I am honored to meet you. I am one of the ordinary middle-aged men in Japan. I have a BBA. My intention is to spend my time lightly. But when things happen, the mood switches to prudential man rule mode. Of course, as you know PDCA, we will pursue the problem carefully and thoroughly. My favorite thing is listening to FM radio and CD music. thank you.

Comments

Post a Comment

Thank you to give us your message!

View popular posts

Ten days has been passed last post.

 Good morning, no time no see from last post. A decade days has been past. AdSense Setting is better than before. Please check your MOVA, my 3 sites by WordPress made. Auto Advertisements is fitted your device screen. Last night I had check my MOVA, I feel it is better than before. But one of these sites need to ripper, some banner is not fitted every device. It is easy for me to ripper fitted banner for every device. Until at noon of the today, perhaps I will do it, if especially nothing occurred me some incident.  Recently my things, I join into A Freelance Association of Japan. Last night, I make a new name card, which printed its LOGO. By the way, are you make a name card, do you order to name card shop ? Nowadays it has been better, if you have a color printer and a PC, it is easily to make one. The cost is cheaper to order and flexibly, you can make it.   Anyway, nowadays Google subscription system has renewal. For example, Analytics system is changed before on...
Read more

I have finished two times injection of anti-vaccination against COVID-19

Hello. AdSense fans. Have you been vaccinated against COVID-19? Last on Saturday, I had finished it.  The vaccination was given in two parts. The first inoculation was calm without any adverse reactions. The day after receiving the second vaccination, a side reaction began. Body temperature never exceeded 38 degrees Celsius. As a treatment after the onset of fever, an ice pad  and an antipyretic analgesic were administered every 4 hours. It took me about two days to get back to normal. The manufacturer of the vaccine I inoculated was from Pfizer. It seems that Japan prefers Pfizer over Moderna. In our country, Japan, it is a government policy, so in principle it is free. This is possible with a health insurance insured person's card and instructions sent from each local government. The number of infected people is also converging in proportion to the penetration of the vaccine. However, the financial impact of this incident is unusual. From now on, it is expected that the gove...
Read more

February will be end soon.

Hello. AdSense fans. Crisis on Last year has affected my circumstances, still now. That was occurred in September and October.  My currency direction had changed towered to bad. The binary option was until then better. But this binary option is forbidden on USA and CANADA. North America continental persons who live need to attention. I could have good score, at then last September. Suddenly I could not make a good score. Still now, why has occurred these things, circumstance was not changed at that time. TPO is not to this incident, EQ is not so bad too. If it is. I had changed 32bit machine to 64 bit one too. I felt feeling is better as same as ordinary. Still was not that I could not understand of why incident had continued. Perhaps rats or something was done unwillingly do things which was no good one. By dint of this continuously incident, my economical condition changed to be a like a Friday of Thirteenth. Contracted provider, credit card and another, whole my need my thi...
Read more