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M1Finance-Fund account with $100 and get $20

Discussion in 'Stocks & Investments' started by 07 sport 4x4, Nov 3, 2018.

  1. Nov 3, 2018 at 7:30 PM
    #1
    07 sport 4x4

    07 sport 4x4 [OP] Well-Known Member

    Joined:
    Dec 24, 2010
    Member:
    #48165
    Messages:
    1,453
    Gender:
    Male
    First Name:
    Blake
    Southeast
    Vehicle:
    2017 Duramax
    Open a taxable account with M1Finance and fund it with $100 within 90 days of opening it to receive a $20 promotion. If you open a retirement account, you must also open a taxable account to receive the $20 promotion.
    M1Finance
    With M1 you can automatically reinvest dividends once your available balance is $10 or more. M1 also has the ability to purchase partial shares. Put all your money to work, no need to wait until you can afford a full share.
     
  2. Nov 28, 2018 at 9:12 PM
    #2
    07 sport 4x4

    07 sport 4x4 [OP] Well-Known Member

    Joined:
    Dec 24, 2010
    Member:
    #48165
    Messages:
    1,453
    Gender:
    Male
    First Name:
    Blake
    Southeast
    Vehicle:
    2017 Duramax
    Just a reminder, the $20 promotion for opening a taxable account and funding it with $100 ends at the end of this month.

    Keep in mind that you can open additional accounts through M1, including IRA accounts, Roth IRA accounts, and SEP IRA accounts.

    I just opened a Roth IRA through M1 for myself. The maximum contribution limit for 2018 is $5,500. It will increase to $6,000 for 2019. Don’t forget that you can contribute an additional $1,000 if you are over 50 years old.

    Roth IRA contributions are post-tax are are not taxed upon withdrawal as long as you are 59.5 or older and have held a Roth IRA for more than 5 years.

    Principle investments made to Roth IRAs are able to be withdrawn at any time for any reason without penalty. Gains withdrawn before 59.5 are subject to a penalty.

    You may make contributions for the current year from January 1, 2018 through April 15, 2019. That gives you a 15 month window to invest up to the maximum for the current tax year.

    See these links to see if a Roth is right for you:
    Roth IRA Rules
    Here are our most frequently asked questions about Roth IRAs

    Should I Use a Roth to Buy a House?

    If you decide to invest with M1 Finance, use my link to get $20: >>GET $20<<

    Don't forget that to get the $20 you must first open a taxable account using my link and then fund it with $100. After you open the taxable account you will have the option to add additional accounts.

    I have hidden my account details to protect my privacy, but this screenshot is to illustrate how easy it is to add additional accounts.

    50DD99EF-3859-4BDC-B91E-A74DDF68921E.jpg
     

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