Rakuten iDeCo - where did my cash go??

MyTime
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Rakuten iDeCo - where did my cash go??

Post by MyTime »

So, I opened up my iDeCo account with Rakuten, and this month the first 12,000 yen was taken from my wages. It showed up on my Rakuten page and I set my fund allocation.

The 12,000 has disappeared from my account, but I can't see anywhere that I have actually bought any funds.

Nothing shows up in the 保有商品一覧, the 注文照会 displays the message: 該当する情報はありません。

評価損益 and other sections just show zeros. It's the same story if I visit the JIS&T website--all zeros.

Does anyone know why this could be? Does it take a while for things to show up on the account pages or am I doing something wrong somehow?

Any help greatly appreciated!
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RetireJapan
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Re: Rakuten iDeCo - where did my cash go??

Post by RetireJapan »

I remember everything taking much longer than I expected with iDeCo -several weeks per step. I would just keep checking -the funds should show up before the second withdrawal ;)
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MyTime
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Re: Rakuten iDeCo - where did my cash go??

Post by MyTime »

Thanks RJ--I guess that's reassuring.
At the moment it just looks like my dosh has vanished!
N00bster
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Re: Rakuten iDeCo - where did my cash go??

Post by N00bster »

For what it's worth my iDeco account at Rakuten also got activated last month, and no sign yet of the money. I have also read here and there that this is normal, so probably better to wait at least one month before assuming something is wrong.
MyTime
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Re: Rakuten iDeCo - where did my cash go??

Post by MyTime »

Cheers Noobster. I think I'm starting to calm down now ;-)
Akatani
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Re: Rakuten iDeCo - where did my cash go??

Post by Akatani »

I forgot about the 3000yen fee and was flipping out as my funds had increased but I was showing a loss
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Re: Rakuten iDeCo - where did my cash go??

Post by RetireJapan »

Just looked at my account. The rough timings seem to be:

26th of the month -money taken out of bank account
15th of the month -orders go through
22nd of the month -investments show up in account
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N00bster
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Re: Rakuten iDeCo - where did my cash go??

Post by N00bster »

I looked at my account today, and my contributions started to show up.
blos
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Re: Rakuten iDeCo - where did my cash go??

Post by blos »

When I opened my account this summer, they first took 46k (2 months worth) and it took like another month before it finally showed up in the account... was a bit like wtf.

But yes, the lead time before stuff shows in your account from when the money was taken out is almost like a month.
Hymix
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Re: Rakuten iDeCo - where did my cash go??

Post by Hymix »

This thread is a big relief! My first two payments, 46k in total, went out on December the 26th, and I was wondering why they hadn't shown up yet.... Wonder who's playing around with my money while it slowly meanders across to my iDeCo....
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