{"id":24015,"date":"2026-04-20T00:58:33","date_gmt":"2026-04-20T00:58:33","guid":{"rendered":"https:\/\/incredipros.com\/?p=24015"},"modified":"2026-04-20T00:58:34","modified_gmt":"2026-04-20T00:58:34","slug":"what-is-a-brokerage-account","status":"publish","type":"post","link":"https:\/\/incredipros.com\/?p=24015","title":{"rendered":"What Is a Brokerage Account?"},"content":{"rendered":"
\n

While your 401(k) at work and a Roth IRA are the\u00a0best\u00a0<\/em>ways to save for retirement, they\u2019re not the\u00a0only\u00a0<\/em>ways to invest. That\u2019s where a brokerage account comes in.\u00a0\n <\/p>\n

Under the right circumstances, brokerage accounts (or taxable investment accounts) can give your nest egg a bigger boost beyond your tax-advantaged retirement accounts.\n <\/p>\n

We always recommend investing in your 401(k) and IRA\u00a0first<\/em>\u00a0because they offer tax benefits that you can\u2019t find anywhere else. But when you\u2019ve maxed out those options, a brokerage account might provide you with a place to keep investing. Here\u2019s what you need to know!\u00a0\n <\/p>\n

What Is a Brokerage Account?<\/h2>\n

A brokerage account is an investment account you can open directly through a bank or brokerage firm that lets you buy and sell all kinds of different investments.<\/strong> With a brokerage account, you have the freedom to invest in whatever you want\u2014from stocks and mutual funds to bonds and ETFs.\n <\/p>\n

They\u2019re also known as\u00a0taxable investment accounts\u00a0<\/em>because the money that grows in your account will be taxed by Uncle Sam.\n <\/p>\n

How Do Brokerage Accounts Work?<\/h2>\n

It\u2019s pretty simple: When you want to invest in mutual funds or stocks through a brokerage account, you\u2019ll place an order through the account, deposit the funds, and then the transactions will be carried out for you by the bank or brokerage firm.\n <\/p>\n

\n

Market chaos, inflation, your future\u2014work with a pro to navigate this stuff.<\/p>\n<\/p><\/div>\n

There are two main types of brokerage accounts you can choose from: full-service brokerage accounts, which come with some type of financial guidance, or an online brokerage account that you basically manage yourself or with help from a \u201crobo-advisor\u201d (more on those below).\u00a0\n <\/p>\n

With a brokerage account, you get no tax benefits. Zilch.\u00a0<\/em>Instead, you\u2019ll pay taxes on any\u00a0capital gains, dividends and interest you earn in your account. Let\u2019s break that down a little more!\n <\/p>\n

When you sell investments inside your brokerage account, you\u2019ll pay capital gains taxes on any money you make from the sale . . . but how much you pay is based on how long you owned the investment.\n <\/p>\n

For example, if you bought shares of a mutual fund and held them for a year or longer before selling, you\u2019ll pay the long-term capital gains rate (0%, 10% or 15%, depending on your ordinary income). But if you bought and sold those shares in less than a year, then you\u2019ll be charged at the short-term capital gains rate (which is the same as your\u00a0income tax rate).1<\/sup>\n <\/p>\n

If you receive\u00a0dividends\u00a0from your investment, they will be taxed either at your ordinary income tax rate (for unqualified or \u201cordinary\u201d dividends) or at your long-term capital gains rate (for\u00a0qualified dividends) in the same year you received them.\u00a0\u00a0\u00a0\u00a0\n <\/p>\n

Phew!<\/em>\u00a0We know . . . that was a lot to take in. Trying to calculate what you owe in taxes on a brokerage account can get complicated, so you\u2019ll probably want to\u00a0work with a tax advisor\u00a0who can help you sort it all out.\n <\/p>\n

Types of Brokerage Accounts<\/h2>\n

There are several types of brokerage accounts you might come across when looking for one. Here\u2019s what you need to know about each type so that you can pick one that\u2019s right for you.\n <\/p>\n

Full-Service Brokerage Accounts<\/h3>\n

A full-service managed brokerage account usually comes with help from a\u00a0financial advisor\u00a0or a broker. These accounts are usually more expensive since these brokers will charge a fee or commission for making trades or purchases on behalf of their investors.\n <\/p>\n

Online Brokerage Accounts<\/h3>\n

Online brokerage accounts are made for the do-it-yourself investor. They come with lower fees, but you\u2019re pretty much on your own when it comes to buying and managing your investments.\n <\/p>\n

Some online brokerage accounts now come with help from \u201crobo-advisors,\u201d which rely on computers and algorithms instead of humans to help build and manage your investment portfolio based on your preferences.\n <\/p>\n

Cash Brokerage Account<\/h3>\n

With a cash brokerage account, any investments you buy must be\u00a0paid in full.\u00a0<\/em>That means you\u2019re not allowed to borrow any money from a broker to pay for any investment transaction. That\u2019s a good thing, because it prevents you from turning your brokerage firm into a debt collector. Speaking of which . . . \u00a0\n <\/p>\n

Margin Brokerage Account<\/h3>\n

Whenever you hear the word\u00a0margin<\/em>, think\u00a0debt<\/em>. A margin account lets you borrow money from the brokerage firm or bank in order to make trades\u2014you\u2019ll basically be going into debt to invest. That\u2019s a disaster waiting to happen! Because if you borrow money to invest and the value of that investment tanks, the broker you borrowed money from could demand you cover that loss right away.\n <\/p>\n

Listen to us,\u00a0never<\/em>\u00a0borrow money to invest. Not only is it extremely risky, but you\u2019ll also have to pay interest on what you owe.\n <\/p>\n<\/p><\/div>\n

\n

Ramsey\u00a0Solutions is a paid, non-client\u00a0promoter of\u00a0participating pros.\u00a0<\/em>\n <\/p>\n

How to Open a Brokerage Account<\/h2>\n

Is opening a brokerage account tough to do? Not at all! In just a few easy steps, you can have a brokerage account opened up in no time at all. There are just a few things to keep in mind along the way. Here\u2019s what you need to do:\n <\/p>\n

1. Pick a brokerage firm.<\/h3>\n

Take some time to compare the costs, fess and services offered by a few brokerage firms before deciding which one is right for you. Ask your investment professional about your options before deciding where to invest your hard-earned cash. \u00a0\u00a0\u00a0\n <\/p>\n

2. Choose the type of brokerage account you want.\u00a0\u00a0<\/h3>\n

According to The\u00a0National Study of Millionaires, most millionaires work with a financial advisor to help them reach their net worth and they don\u2019t use debt to invest. With that in mind, steer clear of margin accounts at all costs!\n <\/p>\n

3. Fill out an application.<\/h3>\n

Once you find a brokerage firm you want to open an account with, opening a brokerage account is a pretty simple process that just takes a few minutes to complete.\u00a0You might need to sign some forms and provide some personal information, like your Social Security number, employment status, net worth and more.\n <\/p>\n

4. Fund the account and start investing.<\/h3>\n

After you\u2019ve set up your account, you can make an initial deposit or even set up automatic withdrawals from your bank into that investment account each month. Once your account is funded, you can start investing. It\u2019s as easy as that!\n <\/p>\n

What\u2019s the Difference Between Brokerage Accounts and Retirement Accounts?<\/h2>\n\n\n\n\n\n\n\n\n
\n

Feature<\/strong>\n <\/p>\n<\/td>\n

\n

Traditional 401(k)<\/strong>\n <\/p>\n<\/td>\n

\n

Roth IRA<\/strong>\n <\/p>\n<\/td>\n

\n

Brokerage Account<\/strong>\n <\/p>\n<\/td>\n<\/tr>\n

\n

Eligibility<\/strong>\n <\/p>\n<\/td>\n

\n

Only available through an employer-sponsored program and there may be a waiting period before enrollment.\n <\/p>\n<\/td>\n

\n

Must have an earned income, but restrictions apply after a certain income based on your filing status.\n <\/p>\n<\/td>\n

\n

Some brokerage firms will require a minimum investment to open an account, but there are no restrictions based on income. \u00a0\n <\/p>\n<\/td>\n<\/tr>\n

\n

Taxes<\/strong>\n <\/p>\n<\/td>\n

\n

Investments are made with pretax dollars, lowering your taxable income. But you\u2019ll pay taxes on any money you withdraw in retirement.\n <\/p>\n<\/td>\n

\n

Investments are with after-tax dollars, allowing investments to grow tax-free.\n <\/p>\n

Plus, no taxes on withdrawals in retirement. Win-win! \u00a0\n <\/p>\n<\/td>\n

\n

Generally, you will have to pay capital gains taxes when you sell investments through your account. Any dividends and interest you receive will also be taxed in the year you received them.\u00a0\n <\/p>\n<\/td>\n<\/tr>\n

\n

Contribution Limits<\/strong>\n <\/p>\n<\/td>\n

\n

For\u00a02024, $23,000 per year ($30,500 per year for those 50 or older).\n <\/p>\n<\/td>\n

\n

For 2024, $7,000 per year ($8,000 per year for those age 50 or older).\n <\/p>\n<\/td>\n

\n

There are no restrictions on how much money you can invest into your account.\n <\/p>\n<\/td>\n<\/tr>\n

\n

Investment Menu<\/strong>\n <\/p>\n<\/td>\n

\n

Account is controlled by a third-party administrator who handles (and limits) investment options.\n <\/p>\n<\/td>\n

\n

A wider variety of investment options and more control over how you invest.\n <\/p>\n<\/td>\n

\n

You can buy and sell investments through your broker, who may offer\u00a0a wider range of investment options, including stocks, mutual funds and bonds.\n <\/p>\n<\/td>\n<\/tr>\n

\n

Withdrawals<\/strong>\n <\/p>\n<\/td>\n

\n

Penalties for withdrawals before age 59 1\/2.\n <\/p>\n<\/td>\n

\n

Penalties for withdrawals before age 59 1\/2.\n <\/p>\n<\/td>\n

\n

You can take money out of your account at any time without paying fees or penalties.\n <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

When it comes to\u00a0saving for retirement, there are some major differences between brokerage accounts and tax-advantaged retirement accounts like a 401(k) and Roth IRA. The main difference (and it\u2019s a big one) is how they are taxed.\n <\/p>\n

Brokerage accounts don\u2019t have the same tax benefits as retirement accounts.<\/h3>\n

With a brokerage account, you don\u2019t get to claim your contributions as tax deductions like you could with your traditional 401(k). And you don\u2019t enjoy tax-free growth or tax-free withdrawals that come with a Roth IRA. That makes brokerage accounts a much less attractive retirement savings option than those tax-advantaged accounts.\u00a0\n <\/p>\n

Listen, we\u00a0always\u00a0<\/em>recommend maxing out your traditional and Roth retirement accounts before you even consider opening up a brokerage account for retirement savings.\n <\/p>\n

Now, although brokerage accounts don\u2019t have the same tax benefits as tax-advantaged retirement accounts, they do come with fewer restrictions and rules. Here are some of the main benefits of having a brokerage account.\n <\/p>\n

Brokerage accounts have more flexibility.<\/h3>\n

You can take money out of a brokerage account at\u00a0any time<\/em>\u00a0and for\u00a0any reason<\/em>\u2014just like you could with a regular bank account\u2014without paying an early withdrawal penalty. You have to wait until age 59 1\/2 to take money out of a 401(k) or IRA without penalty.\n <\/p>\n

Again, max out your retirement accounts first, but brokerage accounts can be used in situations like \u201cbridge accounts\u201d for early retirement or other situations where you need access to the funds.\n <\/p>\n

Brokerage accounts have no contribution limits.<\/h3>\n

You can put as much money as you want into a brokerage account. You\u2019ve already paid income taxes on the money (from your paycheck), so the government doesn\u2019t care about how much you invest. (And besides, the government will hit you with capital gains taxes later, so they\u2019ll get their taxes anyway.)\n <\/p>\n

The IRS, meanwhile, sets limits on how much you can put into a 401(k) or IRA each year.\n <\/p>\n

Brokerage accounts have no income limits.<\/h3>\n

It doesn\u2019t matter if you make $25,000 a year or $250,000\u2014anyone can open up a brokerage account and put money in one. You can\u2019t contribute to a Roth IRA if your income rises above a certain level.\n <\/p>\n

In summary:<\/strong>\u00a0Brokerage accounts are more flexible than retirement accounts, but don\u2019t have some of the same tax advantages.\n <\/p>\n

When Should I Consider Opening a Brokerage Account?<\/h2>\n

Great question! Keep in mind that\u00a0working with a financial advisor\u00a0who can give you guidance on the pros and cons of opening a brokerage account in\u00a0your\u00a0<\/em>situation is\u00a0always\u00a0<\/em>a good idea.\n <\/p>\n

Now, here are four scenarios where a brokerage account might play a big role in helping you reach your financial goals:\n <\/p>\n

1. You maxed out your 401(k) and IRA contributions.<\/h3>\n

First things first: We\u00a0recommend you invest 15% of your gross income into tax-advantaged options like your 401(k) and Roth IRA. But if you\u2019ve maxed out your tax-advantaged options and\u00a0still<\/em>\u00a0haven\u2019t invested 15% of your gross income, you can use a brokerage account to help you hit that mark.\n <\/p>\n

For 2024, you can put up to $23,000 in a 401(k) and $7,000 into your IRA. If you\u2019re age 50 or older, you can put in \u201ccatch-up contributions\u201d that allow you to invest $30,500 in a 401(k) and $8,000 into an IRA this year.2<\/sup>,<\/sup>3<\/sup>\u00a0Make sure you focus on investing as much as you can in\u00a0those<\/em>\u00a0accounts before turning to a brokerage account. You don\u2019t want to miss out on those tax benefits!\n <\/p>\n

Just like with your 401(k) and IRA, we\u00a0recommend spreading your investments in a brokerage account across\u00a0four different types of mutual funds: growth and income, growth, aggressive growth, and international.\u00a0\n <\/p>\n

2. You\u2019re looking to invest beyond 15% of your income.<\/h3>\n

We want you to dream for a second. Imagine you just made your last mortgage payment and now you\u2019re sitting in a paid-for house. If you had a typical mortgage payment, that means you might have an extra $1,600 every month to work with!3<\/sup>\n <\/p>\n

Having a paid-for house opens up a lot of possibilities for you, like investing beyond 15% of your gross income so that you can\u00a0really\u00a0<\/em>run up the score and squirrel away a huge pile of savings for retirement. A brokerage account might be an option, especially if you want to bump up your retirement by a few years. Speaking of which . . .\n <\/p>\n

3. You want to retire early and avoid early withdrawal penalties.<\/h3>\n

A lot of Americans dream about\u00a0retiring early, but the early withdrawal penalty they might get hit with for taking money out of a 401(k) or Roth IRA before age 59 1\/2 makes them think twice about it.\n <\/p>\n

To avoid giving Uncle Sam a huge chunk of your nest egg, you might want to set up a brokerage account as a \u201cbridge account\u201d that will give you an income stream to tap into until you\u2019re able to pull from your 401(k) and IRAs. Since you can take money out of a brokerage account at any time and for any reason, they\u2019re perfect for bridging that gap!\n <\/p>\n

4. You have long-term savings goals that you\u2019re saving for.<\/h3>\n

Brokerage accounts don\u2019t have to be just for retirement! They can also help you reach some important financial goals that might take a long time to reach. For example, if you want to buy a house with cash or save up a very large down payment, a brokerage account might be a good option if you plan to save for about five years.\n <\/p>\n

But for savings goals that will take less than five years, you might want to use a regular savings account or a money market account. You won\u2019t earn very much on those accounts, but you won\u2019t be vulnerable to short-term market swings.\n <\/p>\n

Work With an Investment Pro<\/h2>\n

Still have questions about brokerage accounts? It\u2019s worth scheduling a meeting with an investment professional.\n <\/p>\n

Our SmartVestor program can help you find an investment professional in your area who can walk you through the pros and cons of your investing options and help you can make informed decisions for your future.\n <\/p>\n

Find an investment pro today!\n <\/p>\n

\u00a0\n <\/p>\n<\/p><\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

While your 401(k) at work and a Roth IRA are the\u00a0best\u00a0ways to save for retirement, they\u2019re not the\u00a0only\u00a0ways to invest. That\u2019s where a brokerage account comes in.\u00a0 Under the right circumstances, brokerage accounts (or taxable investment accounts) can give your nest egg a bigger boost beyond your tax-advantaged retirement accounts. We always recommend investing in<\/p>\n","protected":false},"author":1,"featured_media":24016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[],"class_list":{"0":"post-24015","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"\nWhat Is a Brokerage Account? | IncrediPros<\/title>\n<meta name=\"description\" content=\"While your 401(k) at work and a Roth IRA are the\u00a0best\u00a0ways to save for retirement, they\u2019re not the\u00a0only\u00a0ways to invest. That\u2019s where a brokerage account\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/incredipros.com\/?p=24015\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is a Brokerage Account? | IncrediPros\" \/>\n<meta property=\"og:description\" content=\"While your 401(k) at work and a Roth IRA are the\u00a0best\u00a0ways to save for retirement, they\u2019re not the\u00a0only\u00a0ways to invest. That\u2019s where a brokerage account\" \/>\n<meta property=\"og:url\" content=\"https:\/\/incredipros.com\/?p=24015\" \/>\n<meta property=\"og:site_name\" content=\"IncrediPros\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-20T00:58:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-20T00:58:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/incredipros.com\/?p=24015#article\",\"isPartOf\":{\"@id\":\"https:\/\/incredipros.com\/?p=24015\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/incredipros.com\/#\/schema\/person\/780bbc4cd0333994745122c9e8e5a639\"},\"headline\":\"What Is a Brokerage Account?\",\"datePublished\":\"2026-04-20T00:58:33+00:00\",\"dateModified\":\"2026-04-20T00:58:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/incredipros.com\/?p=24015\"},\"wordCount\":2369,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/incredipros.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/incredipros.com\/?p=24015#primaryimage\"},\"thumbnailUrl\":\"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/incredipros.com\/?p=24015#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/incredipros.com\/?p=24015\",\"url\":\"https:\/\/incredipros.com\/?p=24015\",\"name\":\"What Is a Brokerage Account? | IncrediPros\",\"isPartOf\":{\"@id\":\"https:\/\/incredipros.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/incredipros.com\/?p=24015#primaryimage\"},\"image\":{\"@id\":\"https:\/\/incredipros.com\/?p=24015#primaryimage\"},\"thumbnailUrl\":\"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg\",\"datePublished\":\"2026-04-20T00:58:33+00:00\",\"dateModified\":\"2026-04-20T00:58:34+00:00\",\"description\":\"While your 401(k) at work and a Roth IRA are the\u00a0best\u00a0ways to save for retirement, they\u2019re not the\u00a0only\u00a0ways to invest. That\u2019s where a brokerage account\",\"breadcrumb\":{\"@id\":\"https:\/\/incredipros.com\/?p=24015#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/incredipros.com\/?p=24015\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/incredipros.com\/?p=24015#primaryimage\",\"url\":\"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg\",\"contentUrl\":\"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/incredipros.com\/?p=24015#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/incredipros.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Is a Brokerage Account?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/incredipros.com\/#website\",\"url\":\"https:\/\/incredipros.com\/\",\"name\":\"IncrediPros\",\"description\":\"Latest Personal Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/incredipros.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/incredipros.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/incredipros.com\/#organization\",\"name\":\"IncrediPros\",\"url\":\"https:\/\/incredipros.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/incredipros.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/incredipros.com\/wp-content\/uploads\/2024\/03\/d-icon.png\",\"contentUrl\":\"https:\/\/incredipros.com\/wp-content\/uploads\/2024\/03\/d-icon.png\",\"width\":512,\"height\":512,\"caption\":\"IncrediPros\"},\"image\":{\"@id\":\"https:\/\/incredipros.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/incredipros.com\/#\/schema\/person\/780bbc4cd0333994745122c9e8e5a639\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/incredipros.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d9712434f1a26cf97165a2d1eec1ebc76c3ebf856de2b444c71150b833e8aae2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d9712434f1a26cf97165a2d1eec1ebc76c3ebf856de2b444c71150b833e8aae2?s=96&d=mm&r=g\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/incredipros.com\"],\"url\":\"https:\/\/incredipros.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What Is a Brokerage Account? | IncrediPros","description":"While your 401(k) at work and a Roth IRA are the\u00a0best\u00a0ways to save for retirement, they\u2019re not the\u00a0only\u00a0ways to invest. That\u2019s where a brokerage account","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/incredipros.com\/?p=24015","og_locale":"en_US","og_type":"article","og_title":"What Is a Brokerage Account? | IncrediPros","og_description":"While your 401(k) at work and a Roth IRA are the\u00a0best\u00a0ways to save for retirement, they\u2019re not the\u00a0only\u00a0ways to invest. That\u2019s where a brokerage account","og_url":"https:\/\/incredipros.com\/?p=24015","og_site_name":"IncrediPros","article_published_time":"2026-04-20T00:58:33+00:00","article_modified_time":"2026-04-20T00:58:34+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/incredipros.com\/?p=24015#article","isPartOf":{"@id":"https:\/\/incredipros.com\/?p=24015"},"author":{"name":"News Room","@id":"https:\/\/incredipros.com\/#\/schema\/person\/780bbc4cd0333994745122c9e8e5a639"},"headline":"What Is a Brokerage Account?","datePublished":"2026-04-20T00:58:33+00:00","dateModified":"2026-04-20T00:58:34+00:00","mainEntityOfPage":{"@id":"https:\/\/incredipros.com\/?p=24015"},"wordCount":2369,"commentCount":0,"publisher":{"@id":"https:\/\/incredipros.com\/#organization"},"image":{"@id":"https:\/\/incredipros.com\/?p=24015#primaryimage"},"thumbnailUrl":"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/incredipros.com\/?p=24015#respond"]}]},{"@type":"WebPage","@id":"https:\/\/incredipros.com\/?p=24015","url":"https:\/\/incredipros.com\/?p=24015","name":"What Is a Brokerage Account? | IncrediPros","isPartOf":{"@id":"https:\/\/incredipros.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/incredipros.com\/?p=24015#primaryimage"},"image":{"@id":"https:\/\/incredipros.com\/?p=24015#primaryimage"},"thumbnailUrl":"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg","datePublished":"2026-04-20T00:58:33+00:00","dateModified":"2026-04-20T00:58:34+00:00","description":"While your 401(k) at work and a Roth IRA are the\u00a0best\u00a0ways to save for retirement, they\u2019re not the\u00a0only\u00a0ways to invest. That\u2019s where a brokerage account","breadcrumb":{"@id":"https:\/\/incredipros.com\/?p=24015#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/incredipros.com\/?p=24015"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/incredipros.com\/?p=24015#primaryimage","url":"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg","contentUrl":"https:\/\/incredipros.com\/wp-content\/uploads\/2026\/04\/brokerage-account.jpg","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/incredipros.com\/?p=24015#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/incredipros.com\/"},{"@type":"ListItem","position":2,"name":"What Is a Brokerage Account?"}]},{"@type":"WebSite","@id":"https:\/\/incredipros.com\/#website","url":"https:\/\/incredipros.com\/","name":"IncrediPros","description":"Latest Personal Finance News and Updates","publisher":{"@id":"https:\/\/incredipros.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/incredipros.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/incredipros.com\/#organization","name":"IncrediPros","url":"https:\/\/incredipros.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/incredipros.com\/#\/schema\/logo\/image\/","url":"https:\/\/incredipros.com\/wp-content\/uploads\/2024\/03\/d-icon.png","contentUrl":"https:\/\/incredipros.com\/wp-content\/uploads\/2024\/03\/d-icon.png","width":512,"height":512,"caption":"IncrediPros"},"image":{"@id":"https:\/\/incredipros.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/incredipros.com\/#\/schema\/person\/780bbc4cd0333994745122c9e8e5a639","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/incredipros.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d9712434f1a26cf97165a2d1eec1ebc76c3ebf856de2b444c71150b833e8aae2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d9712434f1a26cf97165a2d1eec1ebc76c3ebf856de2b444c71150b833e8aae2?s=96&d=mm&r=g","caption":"News Room"},"sameAs":["https:\/\/incredipros.com"],"url":"https:\/\/incredipros.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/incredipros.com\/index.php?rest_route=\/wp\/v2\/posts\/24015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/incredipros.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/incredipros.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/incredipros.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/incredipros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24015"}],"version-history":[{"count":1,"href":"https:\/\/incredipros.com\/index.php?rest_route=\/wp\/v2\/posts\/24015\/revisions"}],"predecessor-version":[{"id":24017,"href":"https:\/\/incredipros.com\/index.php?rest_route=\/wp\/v2\/posts\/24015\/revisions\/24017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/incredipros.com\/index.php?rest_route=\/wp\/v2\/media\/24016"}],"wp:attachment":[{"href":"https:\/\/incredipros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/incredipros.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/incredipros.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}