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Which account is right for you?

Every investor is unique. See if we have an account type that fits your needs.

General investing accounts

Invest by yourself or with someone else.

Individual account

If you're looking for a standard, go-to account so you can invest by yourself, this might be the one for you. An individual account is one that only you own and can manage. It's straightforward and has no limits on how much you can put in or take out.

Joint account

Or you can invest with someone else by opening a joint account, which can be owned and managed by two people. Each person can place trades, transfer money and make account changes. These also include rights of survivorship: when one account owner passes away, sole ownership is transferred to the remaining account owner—without going through probate.

About Express Funding

If you have an individual or joint investing account, Express Funding lets you place a buy order when you don't have enough cash available for investing to cover the entire order—without making you post a deposit to your account first. It can be handy if you see an opportunity you want to hop on right away. There are limits and costs, so learn more.

Individual Retirement Accounts (IRAs)

Build your financial future and get certain tax advantages.

Traditional IRA

A traditional IRA lets you set aside a certain amount each year for your retirement. Its interest, dividends and capital gains aren't taxed until you withdraw the funds. Each year, your contributions may be tax-deductible—which could mean tax savings for that year.

There are annual contribution limits, and not everyone is eligible for the potential tax savings. Talk to a tax advisor about your specific situation.

Roth IRA

A Roth IRA still lets you set aside a certain amount each year for retirement, but it offers different potential tax advantages than a traditional IRA. Yearly contributions to a Roth IRA aren't tax-deductible, but its earnings and eligible withdrawals won't be taxed like they typically would with a traditional IRA.

You must meet certain eligibility requirements set by the IRS to open a Roth IRA. And there are annual contribution limits. So again, talk to a tax advisor.

Accounts for children

Get them started early, and help make a present of their future.

Custodial account

It's never too early to start investing for a child's future. A custodial account is an investing account created for the benefit of a minor. Under the Uniform Transfer to Minors Act (UTMA), you can open and manage this type of account until that minor becomes a bona fide, legal adult.

Any adult can open a custodial account for any child, but there can only be one child per custodial account. And the adult who opens it is responsible for managing it until that minor reaches the age of distribution for their state of residence. Any earnings (up to a certain amount) will be taxed at the minor's rate.

Education Savings Account (ESA)

Thinking about paying for college? An ESA (also known as a Coverdell ESA) is one way to stash money away for the Designated Beneficiary's college, primary or secondary education (and it can only be used for qualified education expenses).

The ESA's earnings may not be subject to taxes. However, contributions made to the ESA don't offer tax breaks or deductions. Also keep in mind that there are income eligibility requirements and that the yearly contribution limit is $2,000.