How to sell specific "OLD NISA" year on Rakuten

[blos]

Hi,

I was just notified by rakuten securities (probably many more got the mail too), about 2020 NISA coming out from the 5-year tax free period.

Now, I'd like to get that out this year, so that I can fill the tsumitate portion of my this years allocation. It did very well, 1.2M became 2.8M

But filtering just to specific year on my old nisa holdings on the sell the product -page doesn't exist. I own the same product on many years.

I know my numbers of course, I have 453,789口 of slim s&p500 in the 2020 pot, so if I go and sell fund from the old nisa, and I choose this amount, it'll first sell from the oldest pool? The sell page doesn't define this.

There's even a webpage explaining some of this in the FAQ section: https://www.rakuten-sec.co.jp/nisa/rollover/#skip03

It's not the end of the world if I just let it auto-sell early next year, but I'd rather max out this years tsumitate with the money from 2020 and then invest the leftover when the new period start next year.

[adamu]

You can't sell a specific year, it's first-in, first-out. When you sell from old NISA, it'll sell the units you've held the longest first.

You may also want to read the caveats here: https://retirewiki.jp/wiki/Old_NISA#Caveats

[adamu]

You can't sell a specific year, it's first-in, first-out. When you sell from old NISA, it'll sell the units you've held the longest first.

I can't actually find a Rakuten source for this for Old NISA, but here is their answer for the New NISA:

NISA口座で同一銘柄を2回に分けて買付けた場合、売却する際に指定することはできますか？

できません。
NISA口座では取得単価という考え方ではなく、合計買付金額という考え方を採用しています。
そのため、売却時には先入れ先出し法となります。

[blos]

Yeah, I kinda expected this.

The my link has explanation that hints to the direction, basically it says that if you sell from your old, expiring NISA, but you do it late for it to be distributed that year, it actually sells from the next NISA, assuming that because distribution was too late to catch the old NISA quantities, so they were sold anyway and the sell order hit the next years purchases.

Bit ass-backwards to me tbh, they could have just made it explicitly possible without loosing any of this "total purchase amount" concept.

I'll just go and sell the exact amounts of units I've purchased back then and hope the best

[sutebayashi]

That’s unfortunate. Monex has a 保有残高 view that shows how much of what is held per old NISA year (for anyone using Monex and didn’t know).

[Butterball]

While you can't do anything about the first-in/first-out system, there is a screen that will show you your holdings by year to at least clarify how much you can sell. As usual, it's pretty hard to find:

[blos]

Yeah, at least Rakuten was helpful and linked another page too which has the quantities shown. Sold according to that last Friday and now they're finally gone.

[MyTime]

This thread has been very helpful. I think I have *finally* almost got my head around how this works. Can anyone clarify the following for me?

The 非課税期間満了 (tax-exempt period expiring) page of my Rakuten NISA account (as pictured in the post prior to this one) tells me that the two funds in it are now valued at 2,744,015 yen.

That's the current value of my 2020 NISA holdings. I hold the same funds in other years' NISAs too, but Am i correct in thinking that If I were to sell 2,500,000 -worth of those two funds within this year, then that money would come off of the about-to-expire 2,744,015 yen, and then the remaining 244,015 yen (or whatever it is by the end of the year) would then get transferred to my taxable account in January?

Is that correct? Does anyone know if I can do that??

Thanks in advance for any help.

[beanhead]

That's the current value of my 2020 NISA holdings. I hold the same funds in other years' NISAs too, but Am i correct in thinking that If I were to sell 2,500,000 -worth of those two funds within this year, then that money would come off of the about-to-expire 2,744,015 yen, and then the remaining 244,015 yen (or whatever it is by the end of the year) would then get transferred to my taxable account in January?

Is that correct? Does anyone know if I can do that??

Yes that is correct and yes you can do that.
Of course the value changes every day so the remainder will be whatever is left after you sell the 2.5M. May be higher when they move it into taxable/tokutei, may be lower.

[adamu]

If I were to sell 2,500,000 -worth of those two funds within this year

Better to specify the number of units (口), rather than the monetary amount. Then you'll definitely clear out 2020's allowance, and you'll get whatever the going rate was on the contract date. I don't use Rakuten for NISA though, so maybe someone else can help (or read the manual) for you.