RetireJapan

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.

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 wrote: ↑Fri Nov 22, 2024 10:40 am 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:

https://faq.rakuten-sec.co.jp/2842008 wrote: 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。

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

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).

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:

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.