Types Of Accounts
ACAP Trading offers the investment account types you seek, along with a wide spectrum of investment products to help achieve your financial goals.
It’s easy — opening a new account takes just a few minutes.
A standard brokerage account is registered in only one name. The investor is able to deposit funds and place investment orders in their account to manage a diversified portfolio. This account, upon approval, is eligible for both margin borrowing and options trading.
Joint investment accounts must be registered in more than one name. Joint brokerage accounts, upon approval, will have the ability for margin borrowing and options trading.
Your contributions may be tax-deductible and potential earnings grow tax-deferred until you withdraw them in retirement. This may be a good choice if you want to take advantage of tax savings now.
While contributions aren’t tax-deductible, withdrawals—including any earnings—can be made tax-free as long as certain conditions are met. This may be a good choice if you are eligible to make Roth IRA contributions and think your tax rate will be higher in retirement.
If you are inheriting a Traditional IRA, SIMPLE IRA, SEP IRA, or workplace retirement plan, you can generally move those assets into an Inherited IRA. While subject to minimum required distributions, this may be a good choice if you want to continue the tax-deferred growth potential of inherited retirement assets and avoid the impact of immediate income taxes. Online account opening is not available to entities (such as a charity or other organization), an estate, or a trust beneficiaries.
By consolidating your old 401(k) or IRAs into a Rollover IRA, you can maintain the important tax advantages of your retirement savings and access a broad array of investments, exceptional service, and free investment guidance.
A 401(k) plan is a salary reduction plan that is offered by employers. It offers tax deferred benefits for your retirement investments.
Designed for self-employed individuals or business owners without employees.
Set up a workplace savings plan if you are self-employed or own a small business.
Tends to be well-matched for owners of small, profitable businesses, who are closer to retirement age and would like to catch up on their savings.
This plan offers tax deferral plus pre-tax contributions for self-employed individuals and participants in small businesses with fewer than 100 employees.
A Keogh Plan is a tax deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes.
It allows a company to make annual contributions that are not tied to profits. Employer contributions are mandatory, the lesser of 25% of total compensation or $53,000.
A Profit Sharing Plan is a plan that enables you to distribute profits in profitable years according to a formula set by the employer ahead of time.
Any earnings grow federal income tax-free for qualified higher education expenses, and contributions may be eligible for state tax deductions.
Like a 529 plan, Coverdell ESAs allow money to grow tax deferred and proceeds to be withdrawn tax-free for qualified education expenses at a qualified institution.
This brokerage account offers comprehensive trading, allowing you to invest on behalf of a minor.