Lending Club Bonus for New IRA Investments

If you’ve been thinking about opening up an IRA account with Lending Club, now is a great time to do so. The company announced yesterday their IRA bonus incentive program for new investments through April 30, 2017. The bonus is up to 3% of your investment. The bonus applies to both new IRA accounts as well as new money added to existing IRA accounts.

Below is the bonus breakdown by investment amount:

lending club ira bonus 2016 2017

Accounts that qualify for this incentive are: Traditional IRA, Roth IRA, SEP IRA or SIMPLE IRA. Investments can come from an annual contribution, a 401k rollover or an IRA transfer. As we’ve discussed in the past, if you plan to invest in Lending Club loans it is best done through a tax advantaged account due to the tax treatment.

If you signup through the link below, Lend Academy will receive a small commission.

Open an IRA with Lending Club

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Rob L
Rob L
Dec. 22, 2016 5:32 pm

The offer isn’t only for new accounts, but for additions to existing IRA accounts as well.

Peter Renton
Peter Renton(@peter)
Dec. 23, 2016 4:26 pm
Reply to  Rob L

Thanks Rob. We have adjusted the article to make this more clear.