Can I invest through Prosper using an individual retirement account?

Yes! You can invest through Prosper using an Individual Retirement Account. Whether you're contributing to an existing traditional IRA, Roth IRA, SIMPLE or SEP-IRA, planning to open a new IRA or rollover your account from an existing custodian, we will work with you to open your Prosper IRA.

To set up an IRA, please select the "Individual Retirement Account (IRA)" account type when signing up.

Annual Service Fee

Like our General Investment Accounts, we charge a 1% annual service fee on IRA’s.

If you open your account with a $5,000 deposit, we will waive your first annual IRA service fee.

If you reach a balance greater than $10,000 after your first year, we will continue to waive the annual IRA service fee as long as you maintain a balance higher than $10,000 each year.  

Was this helpful?