Why can’t I withdraw the money I just deposited?
To put this as simply as possible: any money you deposit needs to stay in the app for at least five days.
Stash holds new deposits for 5 business days. If you wish to withdraw money already in your Stash Cash (cash balance)–your cash balance amount must be greater than the amount that you deposited. This is so that you can withdraw money from your cash balance without expecting to dip into your deposited money that has not yet been in your account 5 days. You can withdraw these funds once the 5 days has passed.
This is called a ‘recent deposit hold,’ and this is a Stash policy that aids in preventing fraud.
Q. Do single stocks trade like ETFs on Stash?
Yes. You can buy and sell a stock on Stash just like all of the other ETFs that are available to you on the platform. Stash executes trades (buys and sells) in two trading windows each business day. All trades placed are queued up and executed during these trading windows. Stash trading windows only operate…
Q. 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):…
Q. What is a custodial account?
A custodial account allows a parent (or grandparent, other family member, or friend) to open a savings/investing account for a minor*. Until the minor reaches the “age of majority” (usually 18 or 21 depending on the State), only the adult or ‘Custodian’ who opened the account can manage the funds. Think of the age of…
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