Acorns “Later” Review (The Easy Way To IRA)
Brendan Evan Brendan Evan
36.1K subscribers
2,916 views
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 Published On May 17, 2024

Acorns Later is the dedicated Retirement Investing part of the Acorns service. Is it worth using? What kinds of benefits are there? What accounts are you actually investing in? How do you (or does it) decide what kind of investments you are using? And what limitations should we be aware of when using these kinds of accounts?

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⏱Handy Timeline:
0:00 Intro
0:16 My favorite thing
1:02 What's different about Later?
1:35 List of benefits
2:24 What you are investing in
5:36 In app Acorns Later
8:49 How much you can invest
10:01 More resources from Acorns
10:23 Differences between the 3 kinds of accounts
10:40 Roth IRA
13:26 Traditional IRA
15:08 SEP IRA
17:30 1 more feature worth noting
18:56 Can you use Acorns Later AND a 401k?
19:57 How I invested
20:48 My opinions on Acorns Later
21:15 My Acorns 4 Year Review
21:32 Subscribe

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Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support!

As an Amazon Associate I earn from qualifying purchases.

Updated Acorns Affiliate disclosure as of 4/9/24:
Paid ad. Compensation provides an incentive to positively promote Acorns. The information and opinions presented are for informational purposes only and represent the views of the promoter as of the date created and are subject to change. Investment advisory services offered by Acorns Advisers, LLC, an SEC-registered investment adviser. View important disclosures at https://www.acorns.com/brendan/ and Acorns.com.

Additional Acorns Affiliate disclosure as of 5/16/24:
Acorns Later is an Individual retirement account consisting of a Traditional, ROTH or a SEP IRA selected for customers based on investor profile questionnaire answers.

Acorns does not provide tax or legal advice, you should consult with a tax or legal professional to address your particular situation.

Acorns Securities, LLC is a member of SIPC. Securities in the account are protected up to $500,000. For details, please see www.sipc.org. SIPC does not protect against market risk, which is the risk inherent in a fluctuating market.

Screenshots are simulated and for illustrative purposes only and must not be considered a prediction of performance or represent the performance of any Acorns portfolio.

Acorns is not a bank. Acorns Visa™ debit cards and banking services are issued and provided by Lincoln Savings Bank and nbkc bank, Members FDIC.

Roth IRA distributions made prior to age 59 1/2 and prior to the account being open for at least five years may be subject to 10% penalty.

Paycheck Split is a feature of Acorns Checking and Mighty Oak Card that automatically allocates a portion of your direct deposit into Invest, Later, Early and Emergency Fund accounts.

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