Search found 7 matches

by tiubhart
Tue Jan 07, 2025 6:55 am
Forum: Case Studies/Asking for Advice
Topic: Generali Utmost International Vision Policy Termination
Replies: 31
Views: 31115

Re: Generali Utmost International Vision Policy Termination

I did an end of year adjustment through my company. Should I try to cancel that or can I just do the additional adjustment in February/March at the tax office.

Thanks again for the help and advice.
by tiubhart
Tue Jan 07, 2025 4:47 am
Forum: Case Studies/Asking for Advice
Topic: Generali Utmost International Vision Policy Termination
Replies: 31
Views: 31115

Re: Generali Utmost International Vision Policy Termination

I got the 10 year bonus before surrendering the policy. I was paying in yen and that was then going into a US dollar fund. After policy surrender, the funds were transferred to my JPN bank account in Yen. Bad move? No, not a bad move as if you are a tax resident in Japan you have to pay tax on the ...
by tiubhart
Mon Jan 06, 2025 10:42 pm
Forum: Case Studies/Asking for Advice
Topic: Generali Utmost International Vision Policy Termination
Replies: 31
Views: 31115

Re: Generali Utmost International Vision Policy Termination

I was contributing for almost 11 years. I would not bring it into Japan. I sent it to the UK. You just got the 10 year bonus? Were you paying in yen? I got the 10 year bonus before surrendering the policy. I was paying in yen and that was then going into a US dollar fund. After policy surrender, th...
by tiubhart
Mon Jan 06, 2025 8:33 am
Forum: Case Studies/Asking for Advice
Topic: Generali Utmost International Vision Policy Termination
Replies: 31
Views: 31115

Re: Generali Utmost International Vision Policy Termination

I was contributing for almost 11 years.
by tiubhart
Fri Jan 03, 2025 2:17 am
Forum: Case Studies/Asking for Advice
Topic: Generali Utmost International Vision Policy Termination
Replies: 31
Views: 31115

Re: Generali Utmost International Vision Policy Termination

I just recently completed the surrender process for my Vision policy. Got my final bonus payment then cashed out. Funds were transferred into my Japanese bank account. I made some small gains on the investment so now wondering what I need to do regarding tax. Does anyone here know what I need to rep...
by tiubhart
Thu Mar 14, 2024 7:39 am
Forum: Case Studies/Asking for Advice
Topic: Generali Utmost International Vision Policy Termination
Replies: 31
Views: 31115

Re: Generali Utmost International Vision Policy Termination

Thanks for the prompt responses and … encouragement. I’m going to dig into the bonus situation, calculate the early termination penalty policy and get myself out. While I wish that my money was invested in some other way, at the very least this ordeal did get me saving and I will still have somethin...
by tiubhart
Wed Mar 13, 2024 5:42 am
Forum: Case Studies/Asking for Advice
Topic: Generali Utmost International Vision Policy Termination
Replies: 31
Views: 31115

Generali Utmost International Vision Policy Termination

Hi Everyone, I am new to the forum and still very much a novice when it comes to all things investing and personal finance. I have recently started my NISA and I am in the process of getting my iDeCo approved. Thanks to everyone on the forum and to the Retire Japan team for the insights and advice. ...