Description: In the article which centers on ameritrade login, the author talks about how to open an account at TD Ameritrade. Tree SAApp is a long-term investment allocation tool designed to save your time and money. You can create your investment account at TD Ameritrade.
Opening a new account is simple, go to TD Ameritrade.com and click on open new account, you’ll notice that you have a lot of information to fill out, sit down, relax and go through the information, when you get to the section where you must select what type of an account you’re going to open, select the appropriate account.
That’s an individual account, a non-qualified taxable account, if it’s a traditional IRA which is typically where you’ll send rollover money from a 401 K or a 403 B or maybe you’re transferring from another traditional IRA, select it or a Roth IRA.
Those are probably the most common of the account types, after that you’re going to have to go through this section where it says you expect to buy, hold, occasionally trade stocks, mutual funds, ETFs or bonds, select that one, where it asked if you’re new to investing, you can select yes or no, it won’t make any difference.
Then you’re going to have to agree to the TD Ameritrade privacy statement, the simple answer to this one is that you can check the box and hit continue, however I’d highly encourage you to understand what it is that you’re agreeing to prior to agreeing to it. So take a look.
Continue through the application process by entering all your personal information, employment information and financial information, make your that’s good enough, on the personal affiliations section, the answer is probably no on each of those three questions, but you’ll probably need to read them thoroughly, then click continue.
Be sure to review all of your information before you click continue, there’s any error, edit it now, it’ll be a lot easier, the next page is going to verify your social security number in that it’s accurate, this is an attestation, be sure that your social security number is correct before you hit the continue button.
Then click continue, this is where you’re going to create your secure login, the user ID is a simple thing for most people, but if you’re going to have multiple accounts, you might want to have a specific user ID that identifies each one of your account.
For example if you have a spouse with an IRA, you might want to put your spouse’s name, at the end of it put IRA, it’s going to be used in a drop-down box later, once you’re managing your accounts, you’ll probably want to be able to quickly identify which account you want to look at.
So create an appropriate user ID, be sure to write it down, create a good password, then select all the appropriate security questions, those will help you log in in case you forget any of login information, review all of your information, you may want to print this, this would be great to have in your file somewhere.
Then click continue, here’s how you’re going to fund your account, they’re asking you some simple questions, is it coming from a rollover? Are you going to write a check? Is it going to be an external transfer meaning from a mutual fund company?
Go through each one of these options, understand which one it is, select it and then hit continue, TD Ameritrade has a great process, they’ll walk you through that process until you’re able to fully fund your account, you’ve got a lot of different areas you have to read and check, I’ll make it simple.
Check the box that says cash only account, you’ll notice that about every other question on this page will suddenly disappear, click continue and move on, you want monthly electronic statements and confirms, if you choose the other one, the cost of your Commissions will go up.
Check the box that says shareholder information, click continue and move on, if you have a qualified account which is an IRA or Roth IRA except any of those type of retirement accounts, it’s going to ask you to set up beneficiary information.
If you have a spouse, your spouse must be your primary beneficiary with a hundred percent of the allocation to that person, they’ll use the date of birth or the social security number, I’d recommend that you put both in there in case something happens to you, there’s no question to where it should go.
Here’s your opportunity to add contingent beneficiaries, notice that before you click continue, you can add a contingent beneficiary, this means that if your spouse pre deceases you, the money is going to go to your contingent beneficiary. I’d highly recommend that you be sure that you fill these sections out and you do it completely.
Click continue, move on, confirm your beneficiary information, make sure it’s all correct, move on, answer these questions appropriately, click continue and move on, I want you to uncheck that little box where it says client rewards credit card.
TD Ameritrade is going to try to market a few things to you, in fact they’re probably even going to have somebody call you trying to sell you a couple of things, you can tell them no thank you, uncheck this box, click continue and move on.
TD Ameritrade needs to establish some risk tolerance profile on every person who holds an account there, answer these honestly but don’t put too much credence into it, it’s not going to affect how they’re going to allow you to invest your account or how you’re going to invest your account.
Move through it, select if you have any experience with stocks, bonds, options, mutual funds and then move on, if you have investments that are not in your TD Ameritrade account, you might want to check it and move on, click continue.
This is an area where I would say the TD Ameritrade has no business of knowing, I would prefer not to answer on the first one, on the second one if you have a 401 K, click yes or no, the nice thing about this is if you have an IRA there and you make a contribution, they’ll probably let you know that you’re ineligible for it.
Then you can skip the last two questions, they’re doing this for marketing purposes, move on, click on take me to my account now, it’s going to log you in, click on continue to the site, we’ll wait for your account to be funded, then you’ll be trading with Tree SAApp.