Can you stop iDeCo contibutions?

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Merican
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Can you stop iDeCo contibutions?

Post by Merican »

Hi everyone. Is there a way to completely stop contributions to iDeCo accounts? I understand that the minimum contribution is 5000 yen per month, but if something unforeseen happens such as long term unemployment, would there be a way to completely stop or pause contributions?
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RetireJapan
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Re: Can you stop iDeCo contibutions?

Post by RetireJapan »

Yes, you can. Your monthly fee is then reduced to 64 yen (from 167 for active months): https://www.dcnenkin.jp/search/commission.php
English teacher and writer. RetireJapan founder. Avid reader.

eMaxis Slim Shady 8-)
Merican
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Posts: 22
Joined: Wed Aug 09, 2017 4:49 am

Re: Can you stop iDeCo contibutions?

Post by Merican »

Thank you for the helpful reply!
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