Strategy for the 2025 NISA

[Butterball]

1. Lifetime limit of JPY18mill
Is the based on a certain end date, or age? I turned 55 this September, so is it tied to the current retirement age of 60?

Literally your lifetime. You can contribute after retirement if you want/can.

2. Maximum annual amount
For Tsumitate, does this have to be a regular monthly contribution throughout the year, or can it be deposited as a lump sum? I assume either regular monthly contributions are fine with the growth portion?

It's set up for regular monthly contributions by default, but you can use the "bonus" feature to deposit as a lump sum if you want.

3. Where to buy and keep Emaxis slim? Both Tsumitate and growth

Well... if you have a Rakuten account, then that's where!

Check out the RetireWiki page on NISA.

[JimmyK]

Thanks. As for where to buy and keep Emaxis slim I meant in the Tsumitate account, or growth. Or both

[RetireJapan]

Thanks. As for where to buy and keep Emaxis slim I meant in the Tsumitate account, or growth. Or both

I buy mutual funds in both sections of NISA.

[JimmyK]

Thank you! And I guess Dec 31st is the deadline for this year’s allowance? I wonder if I can take advantage of the Tsumitate bonus this late in the year. Any idea what the maximum bonus amount is? Still some issues to iron out with transfer of funds from my Mizuho account. Never imagined it would be so frustrating!

Sorry for bothering you with so many questions and thanks again for your comments.

[RetireJapan]

Thank you! And I guess Dec 31st is the deadline for this year’s allowance? I wonder if I can take advantage of the Tsumitate bonus this late in the year. Any idea what the maximum bonus amount is? Still some issues to iron out with transfer of funds from my Mizuho account. Never imagined it would be so frustrating!

Sorry for bothering you with so many questions and thanks again for your comments.

Any transactions need to go through by the last working day of December. To be safe I would be wanting to do them by the end of next week at the latest.

Anything that goes through too late will be reflected in your 2025 NISA allocation instead.

[Tsumitate Wrestler]

Thank you! And I guess Dec 31st is the deadline for this year’s allowance?

No, earlier than that. The 2025 NISA starts in the last week of December. https://www.rakuten-sec.co.jp/web/info/ ... 08-01.html

Do it now if you can.

[JimmyK]

I wish I could, but I’m still experiencing issues with Rakuten accepting transfers from my Mizuo account. Anyone know how much you can transfer from typical Japanese bank (and especially Mizuho) in one go? If there’s a lowish daily limit I may already be out of time to get it done by end of next week. That would be annoying.

[Tsumitate Wrestler]

I wish I could, but I’m still experiencing issues with Rakuten accepting transfers from my Mizuo account. Anyone know how much you can transfer from typical Japanese bank (and especially Mizuho) in one go? If there’s a lowish daily limit I may already be out of time to get it done by end of next week. That would be annoying.

It is different for each bank, and many have low-limits set automatically. Check the app and website, or call in to change your amount.

You might be a bit short on time for the bank sweep method, I would recommend.

1. Funding your securities account directly by instant deposit.
2. Setting your Tsumitate Nisa to withdrawal from your securities account.