RetireJapan

Tsumitate Wrestler wrote: ↑Sat Apr 20, 2024 3:43 am Would be setting aside a buffer and trying to convince a then adult/child not to touch the money until X- date after Gigi/Baba passes.

Wouldn't that make it worse? The person receiving the gift not having control of it seems to be a red flag...

Can we all put our rings together and summon Captain Tax to break down both sides here and give a ruling? My impression is there is no ruling because at the end of the day it is going to depend on the NTA doing an inheritance tax audit and ruling against you. If both of those fail to happen there i...

This Reddit thread has a lot of detail and is very interesting: https://www.reddit.com/r/JapanFinance/c ... e_used_to/

The tax experts argue that it is not that simple, and proving if the gift was effective is not straightforward. The claims are: A. It is not uncommon for a J-NISA investor to have to pay tax upon maturity after the funds are released to them or after the gifting relative passess away, upon review b...

Very interesting question, and I'm curious to hear the answer. I suspect it depends on the relationship between the giver and the recipient, the timescale, and whether the tax office would even notice???

initial set up fee (one off) is 2,829 yen. Plus monthly fee. Monthly fee is 140 yen or so for most low cost providers.

On SBI, I managed to cancel/delete my monthly order in eMaxis Slim All Country on Tsumitate NISA for April since it exceeded my target allocations. Does this mean I will receive a notification next month reminding me to make a contribution? No, there is no obligation/expectation to make any NISA pu...

Hi all. I don’t know if this is the right place to ask but just want some advice over a recent issue at my work. It’s a sole proprietorship if that makes any difference. I recently booked a flight back to the uk for my brother’s wedding in October. It’s the first time in 5 years I’ve been back to t...

On SBI, I managed to cancel/delete my monthly order in eMaxis Slim All Country on Tsumitate NISA for April since it exceeded my target allocations. Does this mean I will receive a notification next month reminding me to make a contribution? No, there is no obligation/expectation to make any NISA pu...

I just found this on the Firstrade Q&A section, so apparently I won't be able to withdraw funds to a WISE account. Can I transfer funds between Firstrade and Money Transfer Services? As an online brokerage firm, Firstrade does not accept transferring funds to and from money transfer services su...