Do I have to pay taxes on my Stash Retire investments?
For Roth IRAs
Generally, you will not pay taxes on money you withdraw from your Roth IRA after the age of 59 ½.
If you choose to withdraw money from your Stash Retire Roth IRA before you are 59 ½, you may be subject to penalties and/or taxes.
For traditional IRAs
Generally, you will not pay taxes on money you are putting into your Traditional IRA. You will owe income taxes on the amount of money you are withdrawing from your account at your ordinary tax rate.
Additionally, the IRS requires you to begin taking Required Minimum Distributions (RMDs) from your account beginning at age 70 ½.
Stash always recommends consulting a tax professional (like an accountant) to get clear information about your specific tax questions and needs. This information is subject to change and should not be considered legal or tax advice. Stash does not provide legal or tax advice.
Related questions View all Pricing
Q. What is the Subscription Plan offering for the “Beta Group”?
For a select group of clients, each plan will include Financial Counseling Advice (i.e Impersonal Investment Advice) as it relates to one or more guides, education materials about investing and financial planning, along with access to open brokerage accounts and a bank account.…0
Q. What is an ADR fee?
U.S. investors can invest in foreign stocks through something called an American Depositary Receipt, or ADR. These securities are issued by a U.S. bank that specializes in trading and represents shares of the foreign stock. They trade on a U.S. exchange like a regular stock. …3
Q. The 2021 Tax Season Dates You Need to Know
There are six important tax dates you should know for 2021. Tax Day is April 15, 2021. You can make 2020 IRA contributions until April 14, 2021, at 3 p.m. EST. Tax season is just around the corner. To help you get organized,…3
Didn’t find your question?
Tell us what you’re looking for, and we’ll search for resources that could help.Ask your question
Intro to Stash: Everything You Need To Know To Start Investing
The Stash Way is a few simple principles at the core of investing with Stash.
Fiduciary 101: Why it’s Our Job to be Your Advocate
It’s a big word that means a lot when it comes to handling your money. It defines a relationship built on trust and duty.
Debt and Equity: What Every Smart Investor Needs to Know
You can invest in debt & in equity, but do you really know what that means? We break down the jargon.