You can fund your Ellevest Digital/Premium account three different ways:
Link a bank account
This is the quickest way to fund your Ellevest account, as it enables you to transfer funds from your bank account to your Ellevest account. Once you’ve linked a bank account, you can transfer funds either by a one-time deposit or through recurring auto-deposits.
To initiate a one-time deposit, click on "Move Money" from the top of your dashboard and a dropdown menu will appear; select “1-time deposits” to set up your transfer.
To set up auto-deposits, head to your dashboard and click on "Move Money" followed by "Recurring Deposits" to schedule your recurring auto-deposits on a twice-a-month, monthly, or quarterly basis.
Transfer an IRA
If you have a traditional, Roth, or SEP IRA account outside of Ellevest, you can move it over. First, add a Retirement goal to your account. (If you already have one, great!) Next, click on the “Move Money” button at the top of your dashboard, and select “Transfers/Rollovers” from the dropdown menu to start the IRA transfer process.
Roll over a 401(k) or 403(b)
If you have an old 401(k) or 403(b) from a previous employer, you can roll it over to an Ellevest IRA. Click on the teal “Move Money” at the top of your dashboard, and then select “Transfers/Rollovers.” You can read about the rollover process in more detail here.
Transfer a taxable investment account
If you have an investment account outside of Ellevest, you can move it over. Click on Move Money at the top of the page, and then select Transfers/Rollovers to start the transfer process. Note that the transfer could incur capital gains for you — so we recommend that you check with a tax professional if you have questions on what the tax implications might be.
If you have any questions or need help funding your Ellevest account, shoot us an email at firstname.lastname@example.org.