> Events triggered up reaching the age of 18
A password is sent by mail to the named owner of the account.
A standard “New NISA” account is created for future contributions.
Holdings inside J-NISA annual accounts tare moved out into a taxable account, on the condition they have benefited from at least 5 years of tax exempt investment
J-NISA annual accounts that are yet to have benefit from at least 5 years of tax free investment, are left as they are until they reach that five year threshold.
By 2029 all J-NISA annual accounts will have had at least 5 years of tax exempt status.
In other words, do nothing. Liquidating before 18 is just wasting some of the tax-free period.
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~~I don’t think you can. It’s locked until she turns 18.~~
Edit: ok looks like you can transfer the money out once the tax-free period ends.
According to [retirewiki](https://retirewiki.jp/wiki/Junior_NISA):
> Events triggered up reaching the age of 18
A password is sent by mail to the named owner of the account.
A standard “New NISA” account is created for future contributions.
Holdings inside J-NISA annual accounts tare moved out into a taxable account, on the condition they have benefited from at least 5 years of tax exempt investment
J-NISA annual accounts that are yet to have benefit from at least 5 years of tax free investment, are left as they are until they reach that five year threshold.
By 2029 all J-NISA annual accounts will have had at least 5 years of tax exempt status.
In other words, do nothing. Liquidating before 18 is just wasting some of the tax-free period.