October, 2021 – YouAT LLC BLOG : Japan Pension and Tax Refund Q&A

No exemption of income tax for your children under age 16?

Trade-off between Child Allowance and exemption of income tax You can apply an exemption of your income tax if you have dependent family members such as your spouse, parents or brothers, who live their lives with your income. However, as for your children you can apply an exemption of your income tax only if they… Read More »

Need to pay Japanese pension after age 60? Is it OK to claim lump-sum pension refund after age 60?

Kosei Nenkin has maximum contribution age at 70 There are two kinds of Japanese pensions in its system – “Kokumin Nenkin” (国民年金, National Pension) and “Kosei Nenkin” (厚生年金, Employees’ Pension Insurance). Who contributes How to contribute Maximum age to contribute Kokumin Nenkin All the residents other than employees Residents pay by themselves Age 60 Kosei… Read More »