TOML

NISA Investment Types - TOML

NISA (Nippon Individual Savings Account) is a tax-exempt investment system designed for individual investors in Japan. Since 2024, the new NISA system has been introduced with two investment frames: the Accumulation Investment Frame and the Growth Investment Frame. This article provides a detailed explanation of the types, features, and differences between the old and new NISA systems.

NISA Nippon Individual Savings Account tax-exempt investment accumulation investment growth investment asset building Japan

[[items]]
code = "01"
slug = "tsumitate-investment-frame"
name = "Accumulation Investment Frame"
description = "A tax-exempt frame for investment trusts suitable for long-term, accumulation, and diversified investment."
annualLimit = 1200000
applicablePeriod = "2024年〜"
eligibleProducts = "Investment trusts and ETFs meeting FSA criteria"
investmentMethod = "Accumulation investment only"
lifetimeLimit = 18000000
targetInvestors = "Beginner investors, those seeking long-term management"
taxExemptPeriod = "Unlimited"
combinedLifetimeLimit = ""
note = ""

[[items]]
code = "02"
slug = "growth-investment-frame"
name = "Growth Investment Frame"
description = "A flexible tax-exempt frame covering a wide range of products including individual stocks, ETFs, and investment trusts."
annualLimit = 2400000
applicablePeriod = "2024年〜"
eligibleProducts = "Listed stocks, investment trusts, ETFs, REITs, etc."
investmentMethod = "Both accumulation and lump-sum investment possible"
lifetimeLimit = 12000000
targetInvestors = "Experienced investors, those seeking flexible management"
taxExemptPeriod = "Unlimited"
combinedLifetimeLimit = 18000000
note = ""

[[items]]
code = "03"
slug = "general-nisa-legacy"
name = "General NISA (Legacy)"
description = "The old NISA system until 2023. Up to 1.2 million yen annually with 5-year tax exemption."
annualLimit = 1200000
applicablePeriod = "2014年〜2023年（新規投資は終了）"
eligibleProducts = "Listed stocks, equity investment trusts, ETFs, REITs"
investmentMethod = "Both accumulation and lump-sum investment possible"
lifetimeLimit = 6000000
targetInvestors = "Individual investors aged 18 and above"
taxExemptPeriod = "5 years (until 2027 at the latest)"
combinedLifetimeLimit = ""
note = "2024年以降は新規投資不可。既存保有分は非課税期間満了まで非課税。"

[[items]]
code = "04"
slug = "tsumitate-nisa-legacy"
name = "Tsumitate NISA (Legacy)"
description = "The old NISA system until 2023. Up to 400,000 yen annually with 20-year tax exemption."
annualLimit = 400000
applicablePeriod = "2018年〜2023年（新規投資は終了）"
eligibleProducts = "Investment trusts and ETFs suitable for long-term, accumulation, and diversified investment"
investmentMethod = "Accumulation investment only"
lifetimeLimit = 8000000
targetInvestors = "Individual investors aged 18 and above"
taxExemptPeriod = "20 years (until 2042 at the latest)"
combinedLifetimeLimit = ""
note = "2024年以降は新規投資不可。既存保有分は非課税期間満了まで非課税。"

[[items]]
code = "05"
slug = "junior-nisa-legacy"
name = "Junior NISA (Legacy)"
description = "NISA system for minors until 2023. Up to 800,000 yen annually with tax exemption."
annualLimit = 800000
applicablePeriod = "2016年〜2023年（制度終了）"
eligibleProducts = "Listed stocks, equity investment trusts, ETFs, REITs"
investmentMethod = "Both accumulation and lump-sum investment possible"
lifetimeLimit = ""
targetInvestors = "Minors aged 0-17 (account managed by parent/guardian)"
taxExemptPeriod = "5 years (tax-exempt possible in continued management account until age 18)"
combinedLifetimeLimit = ""
note = "2023年末で制度終了。新規投資不可。18歳になるまでは継続管理勘定で非課税保有可能。"

[[items]]
code = "06"
slug = "tsumitate-frame-minor-2026"
name = "Accumulation Investment Frame for Minors"
description = "Accumulation investment frame for minors scheduled to be introduced from 2026."
annualLimit = 600000
applicablePeriod = "2026年〜（予定）"
eligibleProducts = "Investment trusts and ETFs meeting FSA criteria"
investmentMethod = "Accumulation investment only"
lifetimeLimit = 6000000
targetInvestors = "Minors under 18 (account managed by parent/guardian)"
taxExemptPeriod = "Unlimited"
combinedLifetimeLimit = ""
note = "2026年度税制改正で導入予定。12歳から引き出し可能。"