March 31, 2023 10:14 am CDT
MoneysMyLife
SUBSCRIBE
  • Home
  • Bank Bonus
    • Best Bonuses
      • Best Bank Bonuses
      • Chase
      • Bank of America
      • U.S. Bank
      • BMO Harris
      • TD Bank
      • HSBC
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Checking Accounts
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Crypto
    • Best Crypto Offers
    • All Crypto Offers
  • Deals
    • All Deals
    • Referral Deals
    • Best Referral Deals
    • Best Contests & Sweepstakes
    • Best Freebie Deals
  • Credit Cards
    • Best Credit Card Bonuses
    • All Credit Card Deals
  • Advertiser Disclosure
No Result
View All Result
MoneysMyLife
  • Home
  • Bank Bonus
    • Best Bonuses
      • Best Bank Bonuses
      • Chase
      • Bank of America
      • U.S. Bank
      • BMO Harris
      • TD Bank
      • HSBC
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Checking Accounts
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Crypto
    • Best Crypto Offers
    • All Crypto Offers
  • Deals
    • All Deals
    • Referral Deals
    • Best Referral Deals
    • Best Contests & Sweepstakes
    • Best Freebie Deals
  • Credit Cards
    • Best Credit Card Bonuses
    • All Credit Card Deals
  • Advertiser Disclosure
SUBSCRIBE
No Result
View All Result
MoneysMyLife
No Result
View All Result
RebatesMe $30 Bonus RebatesMe $30 Bonus RebatesMe $30 Bonus
ADVERTISEMENT
Home Investing

State Farm Investing Promotions: Mutual Funds And IRAs

Tony Jay by Tony Jay
October 25, 2022 11:54 pm CDT
in Investing
A A
0
Statefarm
50
SHARES
831
VIEWS
TwitterFacebook

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus
ADVERTISEMENT

StateFarm offers investment products such as Mutual Funds, Retirement and IRA accounts and often has sign-up promotions that you can find here.

When you make the decision to start investing, you’re going to want to make sure that you choose the best investment accounts for your financial situation and the goals that you want to meet. Commonly seen as an insurance provider, State Farm agents are also capable of telling you about their investment accounts and ensuring that you invest your money wisely.

*Also see our Best Brokerage Promotions Page for more offers.

State Farm Promotions: $500 In Free Shares

*This offer has expired

You can get up to $500 in shares with an Individual Retirement Account from State Farm.

StateFarm $500 Promotion

  • $500 in shares offer set to expire on 06/30/2016
  • Roll over, transfer or add to a new/existing Traditional or Roth IRA and you’ll receive additional bonus shares.
  • Bonus size depends on contribution amount:
    • $200 bonus for contribution of $25,000 to $49,999
    • $300 bonus for contribution of $50,000 to $99,999
    • $500 bonus for contribution of $100,000 and more
  • For the bonus, State Farm will purchase Mutual Fund shares at NAV.
  • You must make your contributions within 90 days from the date of the first qualifying rollover or transfer purchase.
  • Your additional bonus shares are typically bought and placed in your Mutual Fund IRA account within two weeks.
  • If net deposits from external sources less assets withdrawn or transferred out of the Account equal to at least the minimum required amounts (minus trading losses) do not remain in the account for at least one year after the date of the first, then State Farm may, in its sole discretion, charge the amount of the bonus shares back to the Registered Account.

Learn MoreAt State Farm

You May Like These Brokerage Promotions:

  • Merrill Edge Promotions: $600, Up To $750, and Up To $1,000 Investment Offers
  • Best Stock Broker & Investing Promotions, Bonuses of March 2023
  • Best Online Brokerages for Stock Trading & Investing of March 2023
  • Charles Schwab Brokerage Bonus: $100 To $1000 Sign-Up Offer
  • J.P. Morgan Self-Directed Investing Up To $700 Bonus – Ends 4/13/23
  • Best Fidelity Investing Bonuses, Promotions
  • TD Ameritrade Bonuses: $350, $700, $1000, $1500, $2500 Cash Promo
  • E*Trade Brokerage Promotion: Up To $3,500 In Cash Bonuses

State Farm IRAs

Open a State Farm IRA and you can grow your money tax deferred, which lets it grow faster than a taxable account. Even if you already participate in a retirement program at work, you can still contribute to a State Farm IRA.

Choose between a Traditional IRA or Roth IRA (read about the differences here).

Traditional IRA

  • Your contributions here may be deductible on your federal income tax return.
  • There aren’t any income limitations for making contributions. Keep in mind, deductibility for tax purposes IS affected by income.
  • Your earnings are exempt from federal income tax until withdrawn.
  • When you reach the age of 70.5, you must start taking withdrawals.

Roth IRA

  • Your contributions here are not tax-deductible, but they can be withdrawn at any time tax-free.
  • Earnings are tax-free for qualified distributions.
  • There are no mandatory withdrawals at any age.
  • Your contributions are subject to income limitations.

State Farm Mutual Funds

State Farm’s offerings are better for people that want to build wealth and for people that are interested in a short-term investments. There are several different types of mutual funds that they have available including: LifePath Funds, Stock Funds, Bond and Money Market Funds, and Index Funds.

LifePath Funds

If you’re the type of person that isn’t particularly interested in managing your investment portfolio on a regular basis, LifePath Funds might be the mutual fund to take into consideration. These portfolios are designed to grow with you over time and take your personal financial situation into account. This gives users the ability to avoid maintaining and spend their time on other activities while their wealth grows.

Stock Funds

For small and large companies that are interested in long-term growth, stock funds can be incredibly useful. The main purpose of this service is to give business owners the ability to have stocks that match the growth potential of your business and risk.

Index Funds

Index funds are designed to work with well-known stock indexes. These are typically recommended for people that have a general idea of what investing is, how to manage portfolios, and have an interest in the stock market. Two examples of well-known stock indexes that you’ll have access to with index funds include: Russell 2000 and S&P 500. This type of mutual fund is recommended for individuals that are interested in long-term growth.

Bond and Money Market Funds

As the last type of mutual funds that you can get from State Farm, bond funds and monkey market funds are known to provide a steady stream of return. With money market you’ll be investing in high-liquid markets that have shown positive historical trends. This is one of the least risky mutual fund options, especially when compared to stock funds.

TopCashback bonus TopCashback bonus TopCashback bonus
ADVERTISEMENT
Back To Top
Tags: state farm
Previous Post

Spotting Out The Stackable 55% Banana Republic Coupon Codes

Next Post

LendingClub: How To Make Money As An Investor

Tony Jay

Tony Jay

I'm all about finding new finance-related promotions and bonuses here at MoneysMyLife. Contact me here.

Recommended For You

EquityMultiple Review: A Comprehensive Guide for Accredited Investors

March 31, 2023 3:27 am CDT
EquityMultiple Review: A Comprehensive Guide for Accredited Investors

EquityMultiple is an innovative platform that combines crowdfunding with a traditional real estate investing approach, providing the potential for high returns. However, it is only available to accredited...

Read more

Baselane Review 2023: Banking & Finances For Landlords ($300 Bonus Available)

March 24, 2023 1:10 am CDT
Baselane Review by moneysmylife

Baselane (baselane.com) is a comprehensive financial platform with several tools for managing and expanding your investment portfolios. Baselane might be a suitable option for you if you're thinking...

Read more

Plynk Investing: Up To $260 In Bonuses Via Swagbucks & Plynk Offers

March 24, 2023 3:47 am CDT
Moneysmylife Featured Image Deals

As a new member of Plynk, you can take advantage of various Plynk promotions and Swagbucks to earn up to $260 in bonuses. More investment promotions here. Plynk...

Read more

Fidelity Spire Promotions: $50 New Account, $5 Sign-Up & $5 Referrals Bonuses

March 22, 2023 6:58 am CDT
Fidelity Spire Promotions: $50 New Account, $5 Sign-Up & $5 Referrals Bonuses

Fidelity Spire is offering a $5 cash bonus when you sign up. You'll also get a $5 cash bonus for every person you successfully refer to the free...

Read more

Bitrue Promotions: Up To 50% Referral Commission

March 19, 2023 1:25 am CDT
bitrue

Bitrue (bitrue.com) is currently offering up to a 50% bonus commission on your referrals' trading fees. Click here for more cryptocurrency promotions. Also, see crypto offers from Coinbase,...

Read more
Next Post

LendingClub: How To Make Money As An Investor

Budgeting

Lookin' For Free Budgeting Software? Here Are A Few!

College

College Students, Check Out These Important Financial Basics!

Leave a Reply Cancel reply

Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

Your email address will not be published. Required fields are marked *

Chase Business Complete $300 Bonus Chase Business Complete $300 Bonus Chase Business Complete $300 Bonus
ADVERTISEMENT
TD Bank $300 Bonus TD Bank $300 Bonus TD Bank $300 Bonus
ADVERTISEMENT
ADVERTISEMENT
Get new posts by email:

Featured Articles

Featured Chase Image

Chase Total Checking® Account $200 Bonus Offer [Nationwide] – Ends 4/19/2023

March 28, 2023 12:03 pm CDT
Moneysmylife Featured Image Bank Banking Offers

Best Bank Bonuses, Promotions of March 2023

March 30, 2023 3:32 am CDT
Chase Private Client Office

Chase Private Client Up To $3,000 Bonus Offer – Ends 4/19/23

March 21, 2023 11:17 am CDT
TD Bank

Best TD Bank Bonuses, Promotions of March 2023

March 19, 2023 12:47 am CDT
Moneysmylife Featured Image Bank Banking Offers

Best Axos Bank Bonuses, Promotions of March 2023

March 2, 2023 12:05 am CST
Featured Chase Image

Best Chase Bank Bonuses of March 2023 (up to $2000!)

March 20, 2023 2:41 am CDT
BMO Harris Bank

Best BMO Harris Bank Bonuses, Promotions of March 2023

March 2, 2023 12:04 am CST
Moneysmylife Featured Image Cryptocurrency Crypto

Best Cryptocurrency Bonuses, Promotions of March 2023 (Free Bitcoin & More)

March 2, 2023 12:04 am CST
Robo Advisors

Best Robo-Advisor Promotions, Offers of March 2023

March 2, 2023 12:03 am CST
Best Money Transfer Services Intro

Best Money Transfer Service Promotions, Bonuses, Offers of March 2023

March 1, 2023 11:59 pm CST
Brokerage and Investing Promotions from moneysmylife

Best Stock Broker & Investing Promotions, Bonuses of March 2023

March 1, 2023 11:58 pm CST
The Best Referral Deals on moneysmylife

Best Referral Programs, Offers, Deals to Make Money – March 2023

March 1, 2023 11:57 pm CST
U.S. Bank Bonus

U.S. Bank Smartly™ Checking up to $600 Bonus – Ends 4/11/23

March 1, 2023 11:11 pm CST
Best Free Checking Account Offers (No Monthly Fees) of March 2023

Best Free Checking Account Offers (No Monthly Fees) of March 2023

March 1, 2023 10:59 am CST
Moneysmylife Featured Image Investing

J.P. Morgan Self-Directed Investing Up To $700 Bonus – Ends 4/13/23

February 16, 2023 1:55 am CST
Chase Bank

Chase Business Complete℠ Banking $300 Sign-Up Bonus [Nationwide] – Ends 5/18/2023

February 1, 2023 9:01 am CST
M1 Finance

Best M1 Finance Bonuses: $50, $500, $4000, $10000 Offers

February 7, 2023 11:15 pm CST
Bank of America

Bank of America Checking Account $100 Bonus Offer – Ends 6/30/23

January 26, 2023 4:37 am CST
Best Online Mattress Promotions, Offers, Discounts of 2023

Best Online Mattress Promotions, Offers, Discounts of 2023

January 30, 2023 2:16 am CST
Bank of America $100 Checking Bonus Bank of America $100 Checking Bonus Bank of America $100 Checking Bonus
ADVERTISEMENT

Search by Categories

  • Bank Promotions
  • Banking
  • Credit Cards
  • Cryptocurrency Promotions
  • Deals
  • Featured
  • Investing
  • Other
  • Referral Promotions

Latest Articles & Updates

Moneysmylife Featured Image Bank Banking Offers

CIT Bank Money Market Account Earns 1.55% APY (Nationwide)

March 31, 2023 7:18 am CDT
Moneysmylife Featured Image Bank Banking Offers

CIT Bank Savings Connect Earns 4.50% APY (Nationwide)

March 31, 2023 7:17 am CDT
Moneysmylife Featured Image Bank Banking Offers

Earn Up To 5.00% APY: CIT Bank’s Best Certificate of Deposit Account Offers (Available Nationwide)

March 31, 2023 7:14 am CDT
Moneysmylife Featured Image Bank Banking Offers

CIT Bank Platinum Savings Earns 4.75% APY (Nationwide)

March 31, 2023 7:12 am CDT
moneysmylife.com featured image deal

Freebie From Epic Games: Tunche (List Price $19.99) – Ends 4/6/23

March 31, 2023 6:21 am CDT

Newsletter

Get new posts by email:

Recent Articles

Moneysmylife Featured Image Deals

Freebie From Epic Games: The Silent Age (List Price $9.99) – Ends 4/6/23

March 31, 2023 6:16 am CDT

moneysmylife.com featured image deal

IDNYC Card: Your Key to Free Museum Memberships, Discounts, and More in New York City

March 31, 2023 6:05 am CDT

Topics

Categories

Banking Bank Promotions Credit Cards Cryptocurrency Promotions Deals Featured Investing Other Referral Promotions

*Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card and banking companies from which MoneysMyLife.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MoneysMyLife.com does not include all credit card and banking companies or all available credit card and banking offers. This content is not provided or commissioned by the bank advertiser. Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. This site may be compensated through the bank advertiser Affiliate Program.

© 2022 MoneysMyLife. All rights reserved.

  • About
  • Advertiser Disclosure
  • Disclaimer
  • Privacy
  • Terms
  • Contact
No Result
View All Result
  • Home
  • Bank Bonus
    • Best Bonuses
      • Best Bank Bonuses
      • Chase
      • Bank of America
      • U.S. Bank
      • BMO Harris
      • TD Bank
      • HSBC
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Checking Accounts
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Crypto
    • Best Crypto Offers
    • All Crypto Offers
  • Deals
    • All Deals
    • Referral Deals
    • Best Referral Deals
    • Best Contests & Sweepstakes
    • Best Freebie Deals
  • Credit Cards
    • Best Credit Card Bonuses
    • All Credit Card Deals
  • Advertiser Disclosure

© 2022 MoneysMyLife. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.