Making a first change in job after 4.5 years here, I am trying to join ideco after reading this sub. As far as I understand as a company employee I can put 23k yen/month, but I am confused by corporate defined benefit plans mentioned on the contribution table in category 2 here:
https://www.ideco-koushiki.jp/english/
I asked my new company about Ideco and they said,
As for iDeco, there are no corporate pension plans in XYZ Inc. such as 企業型確定拠出年金 (Corporate defined contribution pension), so if you wish to contribute iDeco, please prepare iDeco事業所登録申請書/ 401K Co. Registration form, and submit the certificate request after hire date.
- Does this mean the limit is 23k yen? and there is no contribution match from the company?
- Can I start the process of ideco on my existing rakuten securities account today if my joining date is still later this month, will I require some document from the company?
PS: Not a US taxpayer.
by Ssl7522