M1 Finance Roth IRA Account Setup Tutorial

by | Sep 7, 2022 | Roth IRA | 27 comments

M1 Finance Roth IRA Account Setup Tutorial




💰 Set up your Roth IRA with M1 Finance: 💰 Earn a $30 Bonus when you deposit $1,000 while opening your account (offer subject to change, some restrictions may apply)

Today we are setting up an M1 Finance Roth IRA account directly on your phone. You’ll see how simple and easy it is to get your Roth IRA started and be prepared for retirement. Don’t forget to click the link above to get you started right away with your Roth account. If you have any questions when it comes to using M1 Finance, leave a comment below or join our M1 Finance Facebook group.

WATCH THIS VIDEO NEXT 👉

👉Join my M1 Finance Investing Club on Facebook:

———-
My recommended resources👇
———-
🎓Earnest – Refinance Your Student Loans to Lower Your Interest Rate & Save Money

———-
🏡Fundrise – Start Investing in Real Estate Today

———-
🏦CIT Bank – Great Savings Account to Earn High Interest

———-
🏦SoFi Money – Great Checking Account (Deposit your first $100 within 14 days to earn a sign-up bonus)

———-
👫Ladder Life Insurance – Check Term Life Insurance Rates to Protect Your Family
———-
💸Cash App – Free Money Transfers with Cash App (Get a sign-up bonus after sending your first $5 to a friend or family member)

———-
For more resources check out:

———-
DISCLAIMER: Denis Trufin, including but not limited to any guests appearing in his videos, are not YOUR financial/investment advisors, brokers, or dealers. They are solely sharing their personal experiences and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Denis Trufin’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For financial or investment advice please seek the counsel of a financial/investment advisor(s), and conduct your own due diligence.

See also  Understanding the Mechanics of a Roth IRA

DISCLOSURE: Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinions and comparisons….(read more)


LEARN MORE ABOUT: IRA Accounts

TRANSFER IRA TO GOLD: Gold IRA Account

TRANSFER IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA


Truth about Gold
You May Also Like

27 Comments

  1. JayMaknBanz

    I just made my account why is the minimum transfer 500?

  2. rockin roadways

    Hi. I have individual account with M1 just month ago and never know about Roth IRA. Can I transfer my individual account to Roth IRA. Did any fee to start Roth IRA account? It’s too late for 60 years old? I decided to work 5 more years. Thank you to share your knowledge.

  3. Izik

    Great video! Can you please share your thoughts on my ROTH IRA portfolio? I am 38. Thank you and KEEP UP THE GREAT JOB!

  4. OWild1Child

    Do not use M1- they transfer and withdraw funds without your request AND charge you insufficient fee —when it was THIER mistaks(S) this happened 3 times on my two accounts. At the moment there is $4000.00 of mine in the Ethernets that they claim they never withdrew!!! Robbery! My bank has ALL the verification info.

  5. M L

    Howa many of you just pick the pre made our and set it and forget it? Wondering how that's working for you or do you guys tend to trade often? I just started this roth ira and set it to aggressive 2050 retirement I have been debating on adding VTI or something

  6. Ajay Sharma

    Hello Guys – I want to invest $100 everyday in my IRA pie and not invest all $6000 in one go (IRA eligibility). Is there any way to achieve this. I tried doing that with my regular investment account ( moving $100 from spend account to Investment account, it doesn't have daily transfer option, weekly is the most frequent option). Any suggestions on both front?

  7. Laura Harris

    what is the process transferring iRA

  8. Krystal Mendes

    I'm fairly new to the whole ROTH IRA thing and I have seen around that You are not allowed to touch this IRA account until you are whatever age you said this app although I do not see that option anywhere in my account. Does this mean it is automatically sets for me? As in the age of 65 for retirement?

  9. AZ

    Hi there, last year I open m1 regular taxable account and I was wondering if I can transfer that account to m1 roth ira.
    Roth ira would be under the same account.
    Thank you.

  10. J T

    It is better to invest into Voo only or the 3 you did in video? what are the pros and cons?

  11. Luz Arroyo

    Where I can find M1 IRA account #

  12. Thiagarajan Ramanathan

    If I'm correct we should not transfer more than $6000 to the m1 account (Roth IRA) to avoid penalty.

  13. Jordan Batka

    To be fair you’re probably just as good or better then most financial advisers

  14. clydeO11

    Great video! How does the deposit work for the ROTH IRA? Does it divide the deposit for the percentage that was set up or does it fund the lowest percentage until it has met the target percentage? Just worried with the recurring transfers that it will not distribute based on the percentage that I had set up. Thank you!

  15. aF Rolly

    Hello do you know why I keep receiving a message saying “sorry you cannot any more new accounts right now. Please try again after 24 hours.” I get this message after doing the exact steps for my Roth IRA.

  16. Cece D

    Do you prefer the traditional IRA ?

  17. Vivien

    Okay, new to stocks and Roth IRAs and everything… this may be a stupid question. But is an ETF the same as an index fund? Are they just terms for the same thing? I want to passively manage an S&P 500 index fund so for now I've selected Vanguard S&P 500 ETF. Is that a good choice?

  18. SUPER KAL EL

    Super Educational video thanks man! One question tho. I'm 46 planning to retired in 20 years…..so If I open my Roth IRA account with $500 and then afterwards $150 every month on a VTI & VOO Combined…..how much money I would have compound in 20 years? What would be the interest return for those ETFs? Is there a way to know??? Thnks you man.!

  19. Joshua Zuiderhoek

    Opened a Roth IRA but the app didn’t asked me all the information, just asked for my SSN and it created the account, I’ve went through the steps before and put information in but next actually opened the account? Would that information save itself or do you think there’s a problem? Thank you for any help! I love that channel!!

  20. Issa

    Hello I saw your cashapp video of you explaining everything but I still have a question, the bank card that you link into the app, does the money go directly to it and can you withdrawal it when going to the bank ? And can people get refunds or no ?

  21. Amanda K

    Thank you for your well-explained video! If you want to remove some of the stock that you already invest, is that gonna be a problem?

  22. AnotherTekguy

    They still 500.00 starting deposit for IRA?

  23. InvestingWisely

    Hope all is well buddy, get a new camera or better lighting? Videos look clearer.

  24. Mark Perez

    I wasn’t able to link my Varo bank or capital one 360 with m-1 finance . Which online banks would work connecting with m-1 finance ?

  25. Jon Schoeller

    Good video! Roth is the best retirement vehicle available to the general public IMO. I even backdoor all of my traditional to Roth as well. My SOLO is also Roth haha.

  26. Tom

    I have a M1 account but use Webull.

U.S. National Debt

The current U.S. national debt:
$35,943,554,220,297

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size