Retirement

Investment account

• Designed for general investing goals
• No IRA contribution limits tied to the account type
• You can typically deposit and withdraw more flexibly
• Investment gains may be taxable in the year they are realized

Retirement account (IRA)

• Designed for long-term retirement savings
• Available as Traditional IRA or Roth IRA
• Subject to IRS contribution, withdrawal, and tax rules
• Often includes beneficiary designations as part of setup

Choose the account that matches your goal. If you are unsure which IRA type fits you, review IRS guidance or speak with a tax professional.

To open a retirement account with Goodstead:

1. Complete brokerage onboarding if you have not already.
2. From Accounts, create a Retirement plan.
3. Choose Traditional IRA or Roth IRA.
4. Complete any beneficiary steps required for your plan.
5. Answer the questionnaire, select a portfolio, and deposit funds when ready.

IRA eligibility, contribution limits, and tax treatment depend on your situation. Goodstead helps you open and invest the account; it does not replace personalized tax advice.

An IRA can help you save for retirement in a tax-advantaged account:

• Traditional IRA — contributions may be deductible now; withdrawals in retirement are generally taxed as ordinary income
• Roth IRA — contributions are made with after-tax money; qualified withdrawals in retirement may be tax-free

Both options can support long-term investing through diversified portfolios. The better choice depends on your income, tax situation, and timeline—consider reviewing IRS rules or consulting a tax professional.

Many investors eventually move retirement assets from a former employer plan or another IRA into a new IRA. Whether and how you can transfer funds into a Goodstead Retirement account depends on:

• The type of account you currently hold
• Your previous provider’s transfer or rollover process
• Interactive Brokers’ supported transfer methods for your situation

If you are considering a rollover, keep tax and timing rules in mind—especially for indirect rollovers. Goodstead does not currently provide an in-app rollover or account-transfer tool. Reach out to support before initiating a transfer so we can point you to the correct process.