Search found 17 matches

by linkthe2nd
Wed Jan 31, 2024 12:12 am
Forum: iDeCo
Topic: Confusion about PMAC (Shigaku Kyosai) and DC
Replies: 27
Views: 68828

Re: Confusion about PMAC (Shigaku Kyosai) and DC

Got the docs from Rakuten and sent them back for checking (1-2month wait :? ) I'm wondering when the limit goes up to 20,000, if we'll have to submit these forms and wait all over again to adjust the amount withdrawn from our bank account each month (or withheld by employer for whoever is able to do...
by linkthe2nd
Sun Jan 21, 2024 10:28 am
Forum: New NISA (2024~)
Topic: Rakuten new tsumitate nisa setup date
Replies: 54
Views: 2291889

Re: Rakuten new tsumitate nisa setup date

Didn’t realize the Rakuten card and Rakuten cash payment methods had to be reserved before January -_- was confused that it said if I were to set it up now, the first purchase would be done in March. Reading up on the other posts, the bonus tsumitate method seems too much of a hassle (bad at math) W...
by linkthe2nd
Thu Dec 28, 2023 5:07 pm
Forum: iDeCo
Topic: Confusion about PMAC (Shigaku Kyosai) and DC
Replies: 27
Views: 68828

Re: Confusion about PMAC (Shigaku Kyosai) and DC

All of you are awesome, thank you so much for the information! Applying for an account through Rakuten! Hoping my workplace can do the withholding option!
by linkthe2nd
Wed Dec 27, 2023 3:47 pm
Forum: iDeCo
Topic: Confusion about PMAC (Shigaku Kyosai) and DC
Replies: 27
Views: 68828

Re: Confusion about PMAC (Shigaku Kyosai) and DC

I definitely don't get to select any funds! Looks like the PMAC pension is just the mandatory one that replaces (but is bigger contributions than?) the Public Pension.

Thanks for the insight!
by linkthe2nd
Wed Dec 27, 2023 1:41 pm
Forum: iDeCo
Topic: Confusion about PMAC (Shigaku Kyosai) and DC
Replies: 27
Views: 68828

Confusion about PMAC (Shigaku Kyosai) and DC

Hey Everyone, With the new year comes renewed vigour to save money after some crazy overspending 8-) I am finally looking to dive into iDeco, but I'm a bit confused by the eligibility. I've asked my employer about this a few times but it seems they're just as lost as I am. When going through the eli...
by linkthe2nd
Thu Apr 22, 2021 7:35 am
Forum: Taxes
Topic: IBLLC capital gains taxes?
Replies: 1
Views: 695

IBLLC capital gains taxes?

Hello all, I recently was required to transfer my Interactive Brokers account internally to one that has Japan as my place of residence. I am a bit lost on how capital gains tax works with an IBLLC account here. For reference, I’m a Canadian expat with non permanent resident status. If I hold on to ...
by linkthe2nd
Mon Jan 04, 2021 6:07 am
Forum: Banking
Topic: Transfering money from Japan to Interactive Brokers LLC
Replies: 77
Views: 48586

Re: Transfering money from Japan to Interactive Brokers LLC

Just wanted to say thanks for the help and info in this thread. I was able to set it all up with SMBC Direct and the transfer price seems to still 800 yen if done online.
by linkthe2nd
Wed Oct 07, 2020 2:34 pm
Forum: Banking
Topic: Transfering money from Japan to Interactive Brokers LLC
Replies: 77
Views: 48586

Re: Transfering money from Japan to Interactive Brokers LLC

Bit the bullet and just applied online for an SMBC account. Fingers crossed it goes through without issues, and I can make these transfers happen!

Thanks a lot for clarifying!!
by linkthe2nd
Wed Oct 07, 2020 6:10 am
Forum: Banking
Topic: Transfering money from Japan to Interactive Brokers LLC
Replies: 77
Views: 48586

Re: Transfering money from Japan to Interactive Brokers LLC

I see... I have a MUFG account and it seems you can only do that in branch too? I'm too exhausted to go and open yet another account with Sumitomo just to do this :cry:
by linkthe2nd
Wed Oct 07, 2020 2:12 am
Forum: Banking
Topic: Transfering money from Japan to Interactive Brokers LLC
Replies: 77
Views: 48586

Re: Transfering money from Japan to Interactive Brokers LLC

Sorry to revive an old topic, but I am trying to set this very thing up. With SMBC Prestia, I am trying to register a payee using the account number IBLLC provides: 0159170403 with the 403 removed. It does not let me proceed saying that the account number is not valid. The SMBC phone line wasn't too...