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Am I ready to open a Retire account?

Everyone’s circumstances are different, so it’s hard to say when it’s the right time for you to open your Stash Retire account. Keep in mind that a Retire account is meant to invest for your future, which means you should probably plan on waiting until you’re at least 59.5 before you withdraw the money saved in this account. If you take money out of your IRA early, or close your account, you may face penalties and/or fees from the IRS.

Want to take a deeper dive? Here’s why some people are choosing to open a Stash Retire account.

If you do decide to open a Retire account, you should know that we offer two types of accounts, a Roth IRA and a Traditional IRA. When you’re opening your account, we’ll ask you some questions to help you figure out which is right for you.

We always recommend speaking to an accountant or tax professional to figure out which type of account will give you the best benefits for your circumstances.



Stash does not monitor whether a customer is eligible for a particular type of IRA, or a tax deduction, or if a reduced contribution limit applies to a customer. These are based on a customer’s individual circumstances. You should consult with a tax advisor.

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