Legendary investor, Warren Buffett said, "The most important investment you can make is in yourself." We agree. IRAs can help you save for retirement without all of the tax implications of other types of investments. When you join Acorns Later, we'll help you determine the best course for you....

Yes. Acorns Later is an IRA, which stands for Individual Retirement Account. We’ll automatically select the right type of IRA for your lifestyle and goals, each offering distinct tax advantages and eligibility....

Acorns was founded on the principle, "From acorns mighty oaks do grow." Just as with our investment accounts, you can begin investing with just $5....

If you’re a new customer, you’ll first sign up for Acorns Invest, and can then easily open an Acorns Later account after registering for Acorns Invest. Acorns is designed as a system that helps you save, invest, earn and grow the most when you use all of our automated tools together — fr...

Yes, you can withdraw your money at any time. Be aware that with any IRA, there are tax implications for early withdrawals or transfers before you retire. If you can, keep your funds invested for the long term.  From the mobile app or website, navigate to your Acorns Later account and tap...

Because 'retirement' doesn't mean what it used to for a lot of people. It used to be something you could count on — and when it came, you were going to pursue what you love. Today, many don't believe they will retire, and others are doing what they love now. So we’ll call it Acorns...

There are a few ways to contribute to your Acorns Later account. If you’d like to make a contribution, first make sure that your primary bank account, which we call your Funding Source, is linked to your Acorns Later account. Recurring Contributions To set up a Recurring Contributio...

Your portfolio is selected based on your age and the time until you reach “retirement age,” which is currently 59 ½ years old according to the IRS. Over time, this calculation naturally changes, so we automatically rebalance your investments. For example, as you grow closer ...

Yes, you can. Rolling existing plans over to Acorns Later is a good way to get the most out of our portfolio allocations. It’ll also consolidate your investment accounts and potentially save on management fees.If you're interested in rolling a plan into your Acorns Later account, contact our...

To close your Later account, go to the settings in your Acorns app and tap My Subscription. Then click ‘Close account’ and we’ll guide you through the process. Just so you know, the IRS requires you to withdraw all the money from retirement accounts before you can close one. ...

If you live in a community property state (Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin) and you want to designate someone other than your spouse, you will need to have your spouse sign a notarized document. You can contact Acorns Support&nbs...

There are tax implications (generally a 10% penalty and possibly income taxes and other penalties) for early withdrawals from an IRA, but sometimes the IRS will waive a tax penalty for early withdrawals. We’ve listed some of the exceptions below.The IRS also talks about this here. P...

IRA stands for Individual Retirement Account, and they have lots of tax advantages over traditional savings accounts. Acorns Later offers 3 IRAs - Traditional, Roth and SEP. When you open an Acorns Later IRA, we automatically select the right IRA plan for your lifestyle and goals. To learn mor...

You get Acorns Invest + Acorns Later for just $2 per month until you have $1 million invested with us! We’ll automatically transfer that payment from your Funding Source each month, so you don’t have to think about it. When you have $1 million invested with us, your subscription becomes $1...

We automatically select the right type of IRA for your lifestyle and goals, each offering distinct tax advantages and eligibility. If you would like to discuss changing your IRA type, please contact Acorns Support....

In order to cancel an Acorns Later pending contribution, please visit your Acorns Later History screen. Tap on the transaction that you would like to cancel and select the Cancel button to stop that transaction. Please note: If your contribution is already processing, you won’t see an op...

With any IRA, there are often tax implications for early withdrawals or transfers (generally a 10% penalty and possibly income taxes and/or other penalties). You can learn more about the specifics from the IRS website here. To withdraw your Acorns Later funds, please follow these steps: 1...

To have an Acorns Later account, you must have taxable United States income. This includes bonuses, side hustles, alimony and any other forms of taxable income. Without income that is taxable by the United States, you do not qualify for an Acorns Later IRA....