Cancel Subscription and Membership

How to Cancel Stash Step-by-Step




Are you thinking about cancelling your Stash plan? Perhaps you’ve achieved your financial goals, or maybe you’ve found an alternative investment platform that better aligns with your needs. Whatever the reason, cancelling your Stash plan is a straightforward process. In this step-by-step guide, we’ll walk you through the process of cancelling your Stash account.

Step 1: Log in to your Stash Account

The first step is to log in to your Stash account either through the Stash app or website. You will need your registered email address and password to access your account.

Step 2: Turn off Auto-Invest

Once you’re logged in, navigate to your account settings and locate the auto-invest feature. Disable auto-invest to ensure that no further investments are made from your Stash account.

Step 3: Sell Your Investments

If you have investments in your Stash Individual Retirement Account (IRA), you must sell them before closing your Stash plan. Begin by selling all the investments and allow them to settle, which usually takes up to three business days.

Step 4: Withdraw Deposits

If you have any recent deposits that are not yet available for withdrawal, you will need to wait for them to become accessible. Typically, this process takes around six business days.

Step 5: Access Subscription Settings

Click on your name located in the top right corner of the Stash interface, and choose “Subscription” from the left-hand side menu options.

Step 6: Manage Your Subscription Plan

Next, locate and select “Manage” beside your subscription plan. Make sure you are managing the correct plan associated with the Stash account you wish to cancel.

Step 7: Close Your Stash Account

After accessing your subscription plan, scroll to the bottom of the page. There, you will find the option to “Close my Stash for good”. Click on this option to initiate the account closure process.

Step 8: Follow the Prompts

Finally, follow the prompts provided by Stash to complete the account closure process. Be sure to read and understand any additional information or terms that Stash presents. Once you’ve completed all the necessary steps, your Stash account will be closed successfully.

It’s essential to note that if you have a retirement portfolio (IRA) within your Stash account, you must close your IRA before cancelling your Stash plan. Additionally, all investments within your personal brokerage account will be sold upon closing your Stash account, and the proceeds will be returned to your external linked account. If you have an external bank account linked to Stash, any remaining balances will be automatically transferred to that account.

In conclusion, cancelling your Stash plan can be done by following these step-by-step instructions. Take the time to review your account and ensure that you have completed all necessary actions before proceeding with account closure. Remember, it’s always wise to consult with a financial advisor or conduct thorough research on alternative investment options before making any decisions regarding your financial future.

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