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Can you stop iDeCo contibutions?

Posted: Wed Jan 23, 2019 8:36 am
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?

Re: Can you stop iDeCo contibutions?

Posted: Wed Jan 23, 2019 8:45 am
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

Re: Can you stop iDeCo contibutions?

Posted: Thu Jan 24, 2019 1:10 am
by Merican
Thank you for the helpful reply!