Search found 2 matches

by Dan333
Wed Aug 04, 2021 11:22 pm
Forum: iDeCo
Topic: Is the ideco worth it in my situation?
Replies: 10
Views: 2031

Re: Is the ideco worth it in my situation?

My understanding is that the contributions and the payout are tax free (invest in pre-tax income, realise gains at withdrawal time without tax burden) so even if you don't get both benefits, 1/2 the benefit is still worth it in my opinion Hi. When you withdraw you are liable for tax on the full val...
by Dan333
Wed Aug 04, 2021 10:33 am
Forum: iDeCo
Topic: Is the ideco worth it in my situation?
Replies: 10
Views: 2031

Is the ideco worth it in my situation?

Im a long term resident here in Japan with plans to retire here. Due to my job I do not pay income tax or residence tax. From what ive seen the major advantage of the ideco is that contributions are tax deductible, a downside being it cant be withdrawn until you are 60. But it seems I cannot make us...