If I have life insurance or individual annuity insurance, can I still deduct the full amount of my contributions for an individual-type DC (iDeCo) from my in...

Premiums for life insurance and individual annuity insurance are subject to deduction for life insurance premiums (or deduction for individual annuity insurance premiums), which are not related to ... Show Detail

What are the advantages and disadvantages of joining a corporate-type DC on an opt-in basis?

In a corporate-type DC, tax benefits are available at each stage of contribution, investing and benefit receipt. A version of a corporate-type DC commonly referred to as "opt-in" is a system... Show Detail

What kind of tax benefits are available to participants?

Tax benefits are available at each stage of contribution, investing and benefits. ■When making contributions 　 ・Companies of a corporate-type DC: The full amount of contributions are deductible... Show Detail

I am currently receiving benefits in installments (annuity), when will I receive the Certificate of Income and Withholding Tax to be used for my final tax re...

A “Withholding Tax Certificate for Public Pensions, etc." "公的年金等の源泉徴収票" is sent by Sompo Japan DC Securities every year in January. It shows the benefit amount received during the previous year. Pl... Show Detail

Are there any taxes on investment gains in an individual-type DC (iDeCo)?

Investment gains are tax-free in an individual-type DC (iDeCo). Investment gains are also tax-free in a corporate-type DC. Show Detail

Is there any tax when I transfer my pension assets in the defined contribution pension plan?

No tax is imposed. When a participant retires and transfers assets to another defined contribution pension plan, the accumulated pension assets can be transferred tax-free. Show Detail