VANGUARD AND M1 FINANCE ROTH IRA UPDATES

by | Mar 7, 2023 | Vanguard IRA | 1 comment

VANGUARD AND M1 FINANCE ROTH IRA UPDATES




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In this video, I will be talking about Vanguard and M1 Finance Roth IRA Updates from the last two months. If you haven’t already make sure to LIKE, SUBSCRIBE, and HIT that notification bell to show support and make sure that you NEVER miss out on another video. Also, comment down below if this video was helpful to you and share this video with someone who can benefit from this information. Until next time, thank you and God bless!

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Vanguard and M1 Finance are two of the largest and most popular investment platforms in the world. Both of these firms offer Roth IRA accounts, which are among the most popular retirement accounts in the United States. Recently, both Vanguard and M1 Finance have made some significant updates to their Roth IRA offerings, which may be of interest to investors.

One of the recent updates to Vanguard’s Roth IRA is the addition of commission-free trading. This means that investors can now buy and sell Vanguard mutual funds and exchange-traded funds (ETFs) without paying any trading fees or commissions. This is a significant change, as Vanguard previously charged a $7 commission per trade for most accounts. This update makes Vanguard’s Roth IRA accounts even more attractive for investors who want to minimize costs and maximize returns.

Another update to Vanguard’s Roth IRA is the ability to invest in individual stocks and ETFs from other companies. Previously, Vanguard only allowed investors to invest in its own mutual funds and ETFs. However, now investors can purchase individual stocks and ETFs from other companies as well. This gives investors even more flexibility and control over their Roth IRA investments.

M1 Finance has also made some recent updates to its Roth IRA offerings. One of the most significant updates is the ability to invest in fractional shares of stocks and ETFs. This means that investors can buy and sell portions of a stock or ETF that may have previously been too expensive for them to purchase in full. This update makes it easier for investors to diversify their portfolio and invest in a broader range of assets.

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Another update to M1 Finance’s Roth IRA is the ability to create multiple Roth IRA accounts within a single M1 Finance account. This means that investors can create separate accounts for different financial goals, such as retirement savings and college savings. This update makes it easier for investors to track their progress toward different financial goals and tailor their investment strategy accordingly.

Overall, these updates from Vanguard and M1 Finance further demonstrate their commitment to providing investors with low-cost, high-quality investment options. With these improvements, investors may find it even easier to build and manage their Roth IRA accounts, and potentially achieve their long-term financial goals.

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