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Can we do multiple accounts with the 100k promotion? Does it check your social security number?
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| 01-23-2013, 09:54 AM | |
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Before accepting a bonus for an IRA account, you should consult your tax or legal advisor about the appropriate tax treatment for this award. Any taxes related to Capital One ShareBuilder offers are your responsibility. The bonus for an IRA is an award and will not be reported to the IRS as a contribution. The bonus from Capital One ShareBuilder is not available for withdrawal for 180 days after it is awarded to your account. Assets transferred into the account to qualify for this promotion must remain in the account (minus any losses related to trading or market volatility) for at least nine (9) months or your award may be reclaimed by ShareBuilder. Transfers from an ING DIRECT IRA to a ShareBuilder IRA are prohibited. Transfers between ShareBuilder accounts will not qualify for a bonus. This offer is not valid with any other offers and is non-transferrable. Limit one ShareBuilder account bonus per unique customer. ShareBuilder reserves the right to terminate this offer at any time and to refuse or recover any promotion award if we determine that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms of our Account Agreement have been violated. it doesnt say anything about multiple acconts |
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It's not a bad deal, but their commissions are way too high for a discount broker. If you like to tinker with your port, it's not a good idea when coupled with the exit fees from your current institution.
For new customers however, who choose to have their retirement money sit for years on a stable portfolio, it could work. |
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Confused about a deal? Not sure if you want to drive all the way there? Remember the FIRST RULE OF SLICKDEALS: ALWAYS CALL!
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and what he means by repark is if u own say 100 grand worth of stock A u can just transfer that stock to sharebuilder and get 500 bucks to fill out a 5 min application and u still own 100 grand of stock A Last edited by thehash; 01-23-2013 at 10:51 AM.. Reason: Automerged Doublepost |
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If some of you were able to be smart enough and save over 50k but left it in a savings, are you really sure you know what you're doing? It's melting from inflation, least you could do is buy a long term stock if you have back up money + 50k (investments). If you're in for the long term, it wouldn't matter if it went down a few or up a few.. Check out MAKO and DNDN.
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