Our affiliate, U.S. Bancorp Investments, offers investing options which may help during tax season. Here are two of the many ways you could benefit:
1. Potentially save on your taxes.
There are many investing options that may be available to you, but by opening a Traditional or SEP IRA, you may be able to deduct the amount of your contribution from your taxes, thereby reducing your taxable income. In an IRA, your money is working harder for you with tax-deferred savings and the long-term investing impact of compounding interest. And, did you realize, you can have both an IRA and a 401(k)? The robo-advisor platform, Automated Investor offered by our affiliate, U.S. Bancorp investments, makes it easy to open an IRA.
2. If you get a tax refund, put your new money to work in an investment account.
Automated Investor takes the guesswork out of investing by combining investing expertise with smart technology. Our affiliate, U.S. Bancorp Investments’ robo-advisor, offers automatic rebalancing to help you stay on track toward your goals and human help when you need it, all for a low minimum investment and low fees.1
Learn more about Automated Investor, or our other investment options by calling 866-758-8655 and speaking with a dedicated wealth management professional.