RetireJapan

Hello everyone,

I am curious because I’ve searched around and did not find anyone discussing this. So, what happens to your NISA investment when you suddenly die? I understand that for iDeCo, the lump sum gets transferred to the next of kin (designated beneficiaries include the deceased’s spouse, children, parents, grandchildren, grandparents, and siblings).

Sources:
https://www.retirejapan.com/forum/viewtopic.php?t=3193
https://retirewiki.jp/wiki/Comparison_o ... itate_NISA

What about for NISA?

NISA is just part of your estate, like any bank accounts, real estate, or possessions. It will be paid out to your heirs.

I wonder if you can keep it around tax free for as long as possible…