iDeCo Guide for Foreigners in Japan (2025): How Japan's Personal Pension Works
What you'll learn in this guide What iDeCo is and how it differs from NISA Whether foreigners in Japan can open an iDeCo account iDeCo’s three tax benefits (contributions, growth, withdrawal) How to open an account and which provider to choose What happens to your iDeCo when you leave Japan Quick Answer iDeCo (個人型確定拠出年金) is Japan’s individual defined-contribution pension account. Foreigners enrolled in Japan’s pension system can open iDeCo. The key benefit: contributions are fully tax-deductible, investment growth is tax-free, and withdrawal is taxed at favourable rates. Maximum contribution is ¥23,000/month for company employees. Funds are locked until age 60. ...