What is Stash Retire?
Stash Retire is a simplified way to invest for the long run.
We’re here to help take the confusion and jargon out of planning for retirement.
How does it work?
Stash Retire offers two types of retirement accounts: a Roth IRA or a Traditional IRA.
When you sign up for Stash Retire, we’ll help you pick the account that’s right for you, then help you maximize your tax savings.
By adding a little money to your Stash Retire account consistently over time, you could be setting yourself up for a healthy nest egg.
What’s the difference between a Traditional IRA and a Roth IRA?
Each account type has unique tax-advantaged benefits. You should consult with a tax professional (like an accountant) to help you decide which account is right for you and your specific tax needs.
The Roth IRA
With a Stash Retire Roth IRA, you are contributing post-tax money. This means you’ve already paid taxes on the money you’re contributing.
The benefit here is that Roth IRAs grow tax-free and you won’t pay taxes on your money when you take it out at retirement.
The Traditional IRA
With a Stash Retire Traditional IRA, you are contributing pre-tax dollars. This means you have not yet paid taxes on the money you’re contributing.
This can make you eligible for tax deductions now, however, you will be taxed on the money when you take it out of your account during retirement.
To withdraw from your Stash Retire account:
- Sell all of the investments held in your portfolios.
- Wait up to 3 business days for your sell orders to settle.
- Wait up to 6 days for any recent deposits to be available to withdraw
When this is complete:
- To withdraw a portion of your funds navigate to app.stash.com/withdrawals/new Once you complete this form your money will be sent back to the bank account on file in about 2-4 business days.Please note you may be charged penalties for withdrawing from your Stash Retire account early. Any penalties come from the IRS and for any specific questions please reach out to a tax professional. This will not cancel your subscription.
Related questions View all Retire
Q. Invest While You Spend with the New Stash Banking
Beginning in fall 2022, Stash will be switching banking providers. This move will provide more autonomy for Stash in banking decisions, and will provide more benefits to customers. We will send you an email when it is your turn to open up a new Stash banking account,…
Q. Bill Pay and the New Stash Banking Account
Stash is starting the process of switching our banking provider. For more information on this change, check out this article—we are really excited about this change and the benefits it will bring to customers! As part of the change, Bill Pay services will not be available for Stash banking customers right away.…
Q. How can I tell if I need to open up a new Stash banking account?
If you aren’t sure if it is time to open your new Stash banking account1, follow these steps: Log into Stash. Tap or click Bank. Look at the card image at the top of the page. In the lower-right corner on the card image,…
Didn’t find your question?
Tell us what you’re looking for, and we’ll search for resources that could help.Ask your question
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.