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Hi,

I am currently maxing out my 401k. I'd like to save more, but I'm over the income limit for a direct Roth IRA contribution, so I'm going to begin making after-tax contributions from my paycheck and rolling it to a Roth IRA.

Chase recently launched the YouInvest platform, which offers 100 commission free trades a year if you have 15k+ with them. If you have 75k+ with them, you qualify for Chase Sapphire Banking and you get free unlimited commission free trades. AFAICT this is better than Vanguard's $7 per trade commission.

With Sapphire Banking you also get a bunch of other benefits, including worldwide ATM fee reimbursement and no fees on incoming/outgoing wires.

Is there any flaw in this plan? Both Sapphire Banking and YouInvest are new so I haven't seen much discussion on it.



Submitted September 06, 2018 at 11:59PM by EveryDayYacks https://ift.tt/2MSd6AG

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