RetireJapan

Unfortunately, when I tried to link the "Wise(US) Checking Account" to my Firstrade account so that it would allow ACH transfers to and from Wise's virtual account, the Firstrade site just would not allow the link, returning a "Profile setup for this bank is not supported" error...

I wonder if Ben or anyone else can remember what they claimed for in the past. Something on this list or something I haven't thought about? We have about 100 students and I'm still wondering if the cost (20,000 yen?) justifies the risk. Also, student numbers vary and it would be a nightmare if we w...

I think I'll take Ben's advice and look at this ideco as simply one bucket into which I'll put something which has more upside potential (but with mitigated risk) like the eMAXIS Slim 8 asset equally weighted fund. I know everyone here hates it for its huge skew to EM and REITS as well as Japanese ...

The spouse credit is the greater of 160M or the Statutory Spouse Share of the Tax on the Estate, So if for example, there are Statutory Heirs for the Tax Calculation of Spouse and 2 children, the Statutory Shares are 50% for the Spouse Statutory Share and 25% each for the Children's Statutory Share...

needhelp wrote: ↑Tue Apr 23, 2024 5:55 pm I still don't get it. Does that mean that my wife, my only heir or beneficiary, will not be taxed on any inheritance she gets from me when I die? Because her statutory share is 100 percent? That seems to contradict everything else I ever read on this matter.

As long as it is under 160m

Thank you for all the replies. I will look into it some more. I guess the fact it's cheap means that claims are fairly rare. But just in case... With insurance that often means that the threshold to claim benefits is high. Not my experience with juku hoken (it is easy to claim). But cover is not pa...

Depends on your preference, investment time horizon etc. but that looks pretty unlikely to grow much. Seems a waste of a tax advantaged account. I recommend thinking about your portfolio as a whole, not separately in each different account. So even if you want to own that many bonds, put them in you...

The person I spoke to actually called me back to say that it was not obligatory for my boss to pay for social insurance because my company was small. She said that it had to be a place that had 50 staff members. However what you just posted says 5 staff. If it’s 5 staff then I’m potentially in luck...

Thanks, don't know the exact amount yet, it will depend on expenses, etc., but might well be a more than that 3600-man, given today's exchange rate. That is why I worry. Inheritance tax in Japan is applied in bands, so anything up to about 100m or so is not going to be excessively painful. https://...

We have juku hoken. It covers students on the way to and from the school, any accidents they might have on the premises, damage they cause etc. We've made a few small claims on it and they were all paid promptly. Coverage is not particularly generous, but it is nice to hand parents off to the insura...