What are the Annual Contribution Limits for Acorns Later?

Good question. Acorns Later offers three different IRA plans: Traditional, Roth, and SEP. The annual contribution limits set by the IRS can vary from plan to plan, and year to year. 

Visit irs.gov to find out the latest contribution limits:

Traditional IRA: https://www.irs.gov/retirement-plans/traditional-iras

Roth IRA: https://www.irs.gov/retirement-plans/roth-iras

SEP IRA: https://www.irs.gov/retirement-plans/plan-sponsor/simplified-employee-pension-plan-sep 

We will automatically stop your contributions once the maximum limit has been reached.

Investing in your retirement is a key part of your financial wellness plan. It may seem far away, but the earlier you start, the more opportunity your money has to grow long-term—for the life you want later.

For more on retirement investment, check out this resource from Learn.

Your tax situation is unique, we suggest you consult a tax advisor or visit www.irs.gov with any questions about annual contribution limits. Acorns doesn't provide tax advice, but if you have any questions or concerns about your account, please contact us.