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Lending Club Bonus for New IRA Investments

Investors who open or add money to an existing IRA account with Lending Club before April 30, 2017 will receive a bonus of up to 3% of their investment.

December 22, 2016 By Ryan Lichtenwald 2 Comments

Views: 938

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

Filed Under: Peer to Peer Lending Tagged With: IRA Bonus, Lending Club

Views: 938

Comments

  1. Rob L says

    December 22, 2016 at 5:32 pm

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

    Reply
    • Peter Renton says

      December 23, 2016 at 4:26 pm

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

      Reply

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LendIt Fintech News, Powered by Lend Academy, has been bringing you all the news and information about fintech and online lending since 2010 when it was founded by Peter Renton. We not only have the industry’s most active news site, but also the largest investor forum and the first and most popular podcast.

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