How does M1 Finance handle minimum deposit requirements for a Roth IRA?
Clements HayDec 15, 2021 · 4 years ago3 answers
Can you explain how M1 Finance deals with the minimum deposit requirements for a Roth IRA? I'm interested in opening a Roth IRA account with M1 Finance, but I want to know if there are any specific minimum deposit requirements that I need to meet.
3 answers
- Grace HamiltonJun 27, 2021 · 4 years agoM1 Finance has a minimum deposit requirement of $500 for opening a Roth IRA account. This means that you need to deposit at least $500 in order to start investing in a Roth IRA with M1 Finance. However, once you have met the minimum deposit requirement, there are no additional minimum balance requirements or monthly fees associated with maintaining the account. This makes it a great option for individuals who are just starting out with their Roth IRA investments.
- olu seunApr 15, 2022 · 3 years agoWhen it comes to minimum deposit requirements for a Roth IRA with M1 Finance, the minimum amount is $500. This means that you need to deposit at least $500 in order to open a Roth IRA account with M1 Finance. However, it's important to note that this minimum deposit requirement is subject to change, so it's always a good idea to check the latest requirements on the M1 Finance website before opening an account.
- Lisa ThompsonJul 18, 2021 · 4 years agoOpening a Roth IRA account with M1 Finance requires a minimum deposit of $500. This means that you need to deposit at least $500 in order to start investing in a Roth IRA with M1 Finance. It's worth noting that this minimum deposit requirement may vary depending on the type of account you choose and the current promotions offered by M1 Finance. Therefore, it's always a good idea to check the M1 Finance website or contact their customer support for the most up-to-date information on minimum deposit requirements for a Roth IRA.
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