Last day to purchase into NISA for many brokerages is today?

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MajesticSoup
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Joined: Mon Dec 21, 2020 10:18 pm

Last day to purchase into NISA for many brokerages is today?

Post by MajesticSoup »

Hey guys, I'm new here, but I thought I'd make this thread to share some potentially urgent information for those who may not be aware (or to be corrected if I posted bad information)

The last day to purchase into your NISA account for 2020 depends on what you are purchasing (and brokerages may vary about 1-2 business days, so I cannot speak for them all).

I use Rakuten Securities so I will post about them. I hope others may find this useful (or maybe it's obvious to the regulars here, in which case I apologize).

For Rakuten Securities
  • today is the deadline for mutual funds (place your order before 15:00?)
  • Dec 25 (by 8am) is the deadline for US stocks
  • almost everything else can be done as late as Monday the 28th
Investing into your 2021 NISA
  • when purchasing mutual funds, you can see a 受渡日 which designates when the money will go into your account, just make sure it is in 2021
I hope this helps someone (and hopefully I am not spreading misinformation)
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