Tax

Big Changes to iDeCo from December 2026

September 7, 2026

Starting in December 2026, Japan will update the iDeCo pension system. Contribution limits and the age limit for joining will increase. This affects foreign residents in Japan. This article explains what has changed, who it impacts, when it starts, and what to check officially.

From December 2026, important changes will be made to iDeCo, the individual defined contribution pension plan. Monthly contribution limits will increase. For example, self-employed people will be able to contribute up to 75,000 yen per month, up from 68,000 yen. Company employees without corporate pensions can increase contributions from 23,000 yen to 62,000 yen monthly. This helps people save more for retirement. The age to join iDeCo will be raised from under 65 years old to under 70 years old. This means people working after retirement age or starting to save in their 60s can join and save longer. Foreign residents on public pension plans can also benefit from these changes. The changes take effect in December 2026. If you want to join or update your plan, you need to apply through financial institutions offering iDeCo. Official websites will have detailed and up-to-date information. iDeCo offers tax benefits when contributing, during investment gains, and at payout. This update will make it easier and more flexible to use iDeCo for retirement savings. Foreign residents in Japan should learn about these changes and consider using iDeCo for their future security.

Source

政府広報オンライン（内閣府）

This information is reference material based on official announcements. Always verify accurate information on official websites or with relevant authorities.