Ask Stash


Home > About Stash

Am I ready to open a Retire account?

Stash Retire accounts are a tax-efficient type of account designed to help you invest for retirement. If you’d like to learn more about why people decide to open Retire accounts, please read this article.

If you’ve decided that saving for retirement is right for you, we offer two different types of individual retirement accounts (IRAs): Roth and traditional. When you go through the registration process to sign up for an account, the app will recommend which type of account is best for you based on the answers you provide.

Please be advised that a Stash Retire account is designed for retirement saving, which means that you should plan on waiting until you are at least 59 ½ to start withdrawing the funds. There are fees and penalties from the IRS for closing your account early. For more information on that, please click here.

We are not able to offer tax advice, so if you have further questions about the taxes and penalties related to an IRA account consult a tax professional.

Search questions
we've already answered.