/plushcap/analysis/alpaca/alpaca-ira-accounts-now-available-through-alpacas-broker-api

IRA Accounts Now Available Through Alpaca’s Broker API

What's this blog post about?

Alpaca now offers Individual Retirement Arrangements (IRAs) through its Broker API, including Traditional and Roth IRA accounts. These tax-advantaged retirement accounts incentivize long-term saving for retirement by offering significant tax benefits. The integration of IRA accounts into the Broker API simplifies account opening, contribution and distribution processing, and beneficiary specification. Alpaca's solution is compliant with IRS rules and guidelines, handling all activity and tax reporting considerations. This feature is available for any existing or new US-based clients using Alpaca's Broker API.

Company
Alpaca

Date published
Sept. 3, 2024

Author(s)
Patrick Valoppi

Word count
961

Hacker News points
None found.

Language
English


By Matt Makai. 2021-2024.