What happens to my account if Stash goes out of business?
Stash has every intention of sticking around for the long term. However, if anything were to happen to Stash that required us to close up shop, you would maintain complete control of your brokerage account. All the investments in your Stash portfolio (from American Innovators to Young Money) are owned by you. Your money will be safe. Your account will not face any penalties if anything happens to us.
Stash Invest and Stash Retire accounts are custodied by Apex Clearing Corporation where they are SIPC-protected (up to $500,000 per account type and $250,000 of that can be in cash) against losses resulting from the failure of a broker-dealer. It’s important to know that $500,000 is the standard amount that SIPC offers for investment companies. Important note: Investments are not FDIC insured, not bank guaranteed, and may lose value.
Q. How can I link a different bank account?
Before you can link a new bank account, our customer support team will need to unlink your bank account that is currently on file as a security measure. To request to link a new bank account, send a message to [email protected] when you are ready to change banks. We may ask you for supporting documentation…
Q. How do I link my bank account with micro-deposits?
When you add your bank account to Stash manually using your account and routing number, we’ll send micro-deposits to your bank account to verify ownership. These amounts will be less than $0.50 each (which will be withdrawn as well). You’ll see these deposits/debits in your bank account within 1-3 business days as separate items on…
Q. How do I know if my phone number or email address is verified?
If you go into the Stash app and go to “Account,” you can see if your information is verified. If your phone number or email address is not verified, you’ll see a red exclamation point. If they are, you will see a green checkmark. If you have a red exclamation point, you can go to…
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