RetireJapan

If all of it is taken as a one time payment it could be, yes. But it is possible to go for a mix of 1 time payment of 1500mans (tax free limit) and the rest in annuities, which can be calculated, on top of normal pension, so that it ends up having nearly 0 taxes. The annuity amount will depend on ho...

Yes and No. I had the same question that got answered here https://www.retirejapan.com/forum/viewtopic.php?t=3383 So yes it will be taxed later, when you retire, but at that time your income will virtually be 0, so you exchange not paying tax right now at a high rate with paying tax later at a lower...

Thank you. I will continue to fill it as much as possible, and then aim for a 1500man yens lumpsum then annuity, that will probably need to be calculated so that i can get all of it with as little taxes as possisble, before i pass away. Or if at retirement time there is a need for another 500man, th...

With my wife we are at a standstill about Ideco taxes at retirement. There is a tax exemption of 40man per year of contribution for the first 20 years, then 70man per year for years 21 to 30. And a maximum tax exemption of 1500mans. Now, as a sole proprietor, I can invest 68000 yens monthly, started...

WHY WE SHOULDN'T USE PAYMENT APPS. everything is so rosy, simple and fun, with these apps. Disclaimer: not watched the video, just replying to the comment. They add a unique aspect to the market. Previously, a vendor had to set up a complicated device and organize a contract with a payment service....

This did happen to me, put the notes in the ATM and 1 coin was in the stack, when the atm counted the notes, the coin ripped a note. I had to go to the counter, fill a form saying that 1 note of 1000 yens was ripped and i want a new one, they checked the note and asked me to wait a few minutes befor...

If it was my parents, I would do that without worrying about the bank failing, but my wife and her parents do think that even Yucho bank can fail so here we are. I have already suggested them to make things simpler since a few years ago and they told me everything is fine, there will be no problem. ...

Told my wife about power of attorney, she is going to try to set something similar.

Thanks for everything, we will see how things go with the banking and power of attorney equivalent, and hope nothing gets worse.

Thanks.

Silver and gold are then out of the question too.

And giving to me, my parents are already doing so up to the limit, so it is also out.

Thanks, paying no interest compared to paying 5 yens interest a year is not really a big downside, so we will investigate this route.