Will I pay taxes if I move an account to Carbon Collective?

Moving an external account to Carbon Collective is pretty simple. Most accounts can be moved electronically with no additional work on your end. When the account transfers, our software will automatically sell its existing holdings and allocate the funds into your select Carbon Collective portfolio.

If you transfer an IRA, you will not pay capital gains taxes on the sale until you begin making withdrawals (generally after you retire). If you transfer a general brokerage account, you may be liable to pay capital gains taxes. Learn more about transferring external accounts and capital gains taxes by talking with a qualified tax professional about your specific financial situation.