The Later Contribution Cards provides a glimpse into how much you have contributed for the current tax year in relation to the IRA maximum contribution limit, and how much you have left to contribute before you hit the maximum.
The contribution card will reflect when you have reached your annual contribution limit for your Acorns IRA.
Contribution cards are only available on Android and the Web and can be viewed by signing into Acorns.com and going to your later account. The contribution card will be listed on the right hand side, below the recurring investments section. iOS users will not see a Contribution Card at this time.
The contribution card only tracks contributions made to your Acorns IRA account. If you have multiple IRA accounts, you cannot contribute more than the contribution limit across all of your accounts in a given year. Excess contributions could be subject to the IRS penalties. For more information, consult your tax advisor or visit www.irs.gov