Will I receive interest on my Smart-Save savings?
Yes! We are very excited to be able to offer .55% annual percentage yield (APY) on uninvested cash in your Stash account.
Interest is earned through the Federal Deposit Insurance Corporation (FDIC) insured Sweep Program offered by our clearing firm, Apex Clearing Corp. The current yield for the Sweep Program is 0.55% as of December 21, 2017. The rate is variable and subject to change. The current yield does not reflect the Stash Wrap Fee. Interest is generally paid on the 16th of each month with the exception of weekends and bank holidays (whereby interest payments roll forward to the following business day). Your uninvested cash is also eligible for insurance protection through the FDIC up to the maximum applicable insurance limits. For more information, please read the Apex FDIC Sweep Program Terms and Conditions.
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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