Can I set up recurring investments into my IRA?

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Yes, we recommend it. An account holder can set up a recurring investment for their IRA account, though recurring investments will only invest up to the contribution limit for the year, and stop once the limit is hit.

 

The recurring investment will automatically renew for a new year.

 

Remember that you are responsible for monitoring any other IRAs you may have with other financial companies. Your annual IRS contribution limits will be affected by contributions to any other IRAs as well. Please research your personal tax situation or consult with a tax advisor before making a rollover transactions. Aspiration does not provide tax advice.

 

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