M1 Retirement ACCOUNTS

Automate your IRA. Simplify your tomorrow.

Invest in your future with a simple, automated IRA that helps you focus on living life well.

Open an account
"My IRA" product screen mockup and older couple holding tennis rackets

Cruise toward
retirement

Our self-directed platform has the tools you need to invest thoughtfully, without much effort.

Know your IRAs

An individual retirement account (IRA) is an investment account that can help you save money for retirement with tax-free growth or on a tax-deferred basis.

Traditional IRAs

The contributions you make to this type of IRA are usually tax-deductible. If you contribute pre-tax, you’ll need to pay taxes on your contributions and earnings later, when you someday withdraw from this account.

Roth IRAs

Contributions you make to this type of IRA are not tax-deductible. But when it’s time to withdraw, you’ll be able to put every qualified dollar to good use—tax-free.

SEP IRAs

SEP (Simplified Employee Pension) IRAs are available to those who are self-employed, own a business, employ others, or earn freelance income.

You may need to pay taxes on funds you withdraw from this account.

Hypothetical example for illustrative purpose only. Calculations assuming the following constraints: (a) an initial investment of $1000, (b) an annual rate of return of 10%, (c) no taxes, fees, inflation, or withdrawals. The assumed rate of return is not guaranteed as investing involves risk of loss. Source: Investopedia.com 

Use time to
your advantage 

Investing for retirement sooner, rather than later, can help you compound your earnings.

illustration of money going into a Pie

Move your retirement account to M1

Have an existing 401(k) or IRA that needs a new home? It’s easy to transfer these accounts and begin managing them on the M1 platform. Transfer an IRA or Transfer a 401(k) 

Transfer your IRA
Take advantage of platform automation that makes it easy to contribute to, grow, and withdraw your retirement money. 

Start a transfer

Rollover your 401(k)
Want more control over your retirement planning? Start your 401(k) rollover in minutes.

Here’s how

More resources from our blog

401(k) rollovers and forgotten retirement accounts
How to roll over a 403(b) to an IRA
Should you use a Roth IRA to save for college?

Your Retirement Account
questions, answered

Get more answers in our Help Center.

Anyone with earned income is eligible to open and contribute to an IRA. 
 

Crypto can’t be included in an IRA. You will be able to invest in a wide range of stocks and ETFs with your IRA. 

Withdrawing from your IRA may subject you to taxes and penalties depending on your age, type of IRA, and how long your account has been funded. 

Traditional IRAs allow you to invest pre-tax dollars and pay taxes on your earnings at the time of withdrawal. Roth IRAs allow you to invest post-tax dollars, enabling you to withdraw contributions without paying taxes. Learn more in our Knowledge Bank. 

Yes, you can open and contribute to multiple IRAs, with some requirements. For more details about managing multiple IRAs, visit the Help Center.