iFlip currently supports the following account types, all of which can be opened directly in the iFlip app:
- Individual — a standard brokerage account in your name.
- Joint — an account with shared ownership between you and another person.
- Trust — held in the name of a trust, with a primary trustee (and any additional trustees).
- Corporation and LLC — held in the name of a corporate entity.
- Custodial (UGMA/UTMA) — opened by you on behalf of a minor; the account becomes theirs when they reach adulthood (18–21, depending on the state).
- IRA: Traditional IRA, Roth IRA, SEP IRA, Inherited IRA, and Inherited Roth IRA.
- Self-Directed IRA (SDIRA): opened through our partner, IRA Club, for more flexibility over how your retirement funds are invested, including alternative assets.
See Does iFlip offer retirement accounts? for more detail on the IRA and SDIRA options.