We’re here to help! A simple way to stop adding money to your Acorns investment accounts is to pause automatic investments.
How to pause your transfers
Here's how to pause your transfers:
From your Acorns app:
- Log in to your account
- From your home screen, tap the profile icon in the top left corner
- Tap "Settings"
- Tap "Linked accounts"
- Toggle the "Allow Transfers" button off
- Confirm your selection in the pop-up
From acorns.com:
- Log in to your account
- From your home page, click the profile icon in the bottom left corner
- Under "Personal Settings," click "Linked accounts"
- Toggle the "Allow Transfers" button off
- Confirm your selection in the pop-up
When you're ready to start your transfers again, you can simply toggle "Allow Transfers" back on.
Heads up: If you pause your transfers and Recurring Investments, it won't affect transactions that have already started processing, and we’ll still transfer your Acorns subscription.
Market turbulence
If you’re considering pausing your investments because the market dipped, remember:
- Every U.S. market downturn in history has ended in an upturn. While history can’t predict the future, expert investors know that the market has always moved up and down, and continued to grow over time.
- If you stick with it when the market dips, you have an opportunity to invest when stock prices may be lower, and benefit long-term if the market rebounds and grows.
- Withdrawing your investments during a market dip is how you “lock in a loss”. In other words, if you withdraw during a dip, you don’t give your investments a chance to recover and even grow.
To learn more about investing during market turbulence, check out Learn in your Acorns app.
We’re excited to help you grow your oak!
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