Marcus Invest makes it easy to automate your investing. We provide portfolio recommendations aligned with your investment timeline and risk tolerance. Our portfolios are designed to keep costs low and optimized to help balance your investment account’s risk and return. Behind the scenes, our team and technology keep your money at work by monitoring your portfolio daily and rebalancing periodically. 

We offer three types of investment accounts: Individual Investment Accounts, Joint Investment Accounts, and Individual Retirement Accounts (IRAs). Each of these account types offers different benefits depending on your plans. Investment accounts offer deposit and withdrawal flexibility, and your realized investment gains are taxable. IRAs, on the other hand, may offer tax advantages depending on your circumstances.

We offer three types of Individual Retirement Accounts (IRAs): Traditional IRAs, Roth IRAs, and Simplified Employee Pension (SEP) IRAs.

Traditional IRAs:

• You may be able to deduct contributions from your taxable income, depending on your circumstances
• If you or your spouse qualify to participate in a retirement plan with your employers (such as a 401(k)), you may not be able to deduct contributions made to this type of IRA
• The maximum annual contribution for 2020 and 2021 is $6,000 (or $7,000 for those 50 and older)
• Withdrawals are taxed. If you withdraw any funds before you turn 59½, you’re subject to penalties unless you meet certain exceptions

Roth IRAs:

• While you pay taxes before you put money in, post-retirement withdrawals are tax free if certain conditions are met
• Depending on your income and tax filing status, you may not be allowed to contribute to this IRA or can only contribute a reduced amount
• The maximum annual contribution for 2020 and 2021 is $6,000 (or $7,000 for those 50 and older)
• Withdrawals of the money you put in are penalty and tax free. If you withdraw from your interest or earnings before age 59½ (or before the account’s 5 years old), you’re subject to income tax and a 10% penalty unless you meet certain exceptions

SEP IRAs:

• You may be able to contribute more to SEP IRAs than you can to Traditional or Roth IRAs, and you must be self-employed (earn 1099 income) to contribute
• Can have tax deferred growth, and you may be able to deduct IRA contributions on your income tax return
• Maximum annual contribution for 2020 is $57,000 and for 2021 is $58,000, although the amount you can deduct from your taxes may be less
• Withdrawals are taxed. If you withdraw any funds before you turn 59½, you’re subject to penalties unless you meet certain exceptions

For Traditional and SEP IRAs, you’re required by the IRS to start taking required minimum distributions (RMDs) by April 1 following the year you turn age 72 and by December 31 in the following years. Failure to take RMDs may result in penalties. RMDs were required starting at age 70 ½ if you reached the age of 70 ½ before January 1, 2020.

Yes, you can fund your Marcus Invest IRA with a rollover. You can consolidate your retirement savings in one place by rolling over an eligible IRA or 401(k) to Marcus Invest. To roll over an existing IRA, please ensure the type of IRA you open with Marcus Invest is the same IRA type (e.g., Roth, Traditional or SEP) as the IRA you plan to roll over, as we do not support rollovers between different IRA types.

Need a hand? Our customer support specialists are here to help.

Through our three investment strategies, we offer over 50 managed portfolios of stock and bond ETFs that are diversified across asset classes to help balance risk and returns through market ups and downs. Based on your investment timeline and risk tolerance, we’ll recommend a portfolio aligned to your preferences that could help you reach your goal.

We offer 3 different Investment Strategies that will help determine the mix of ETFs you’ll be invested in, Goldman Sachs Core, Goldman Sachs Impact and Goldman Sachs Smart Beta:

• Goldman Sachs Core: For people who believe it’s hard to beat the market’s average returns and prefer to track market benchmarks.
  
• Goldman Sachs Impact: For people who want to support sustainable business practices and avoid environmental and social harm while tracking market benchmarks.
• Goldman Sachs Smart Beta: For investors who are willing to withstand more variability to market benchmarks for potential higher long-term gains, and want to be invested in Goldman Sachs ETFs. Please note that this strategy is only available for Individual or Joint Investment Accounts, not IRAs.  

A stock ETF is composed of a range of stocks. Stocks are typically more volatile than bonds, but can potentially yield greater returns over time. A bond ETF is composed of a range of bonds. Bonds are typically less volatile than stocks and may yield more modest returns over time, but they often pay out interest on a regular schedule.

There are three types of fees:

Marcus Invest charges a quarterly management fee, based on the average daily value of assets held in your account. This fee covers the cost of asset allocation, trades, daily monitoring, and periodic rebalancing. To see an estimate of your management fee cost, you can review a detailed fee breakdown by searching for marcus.com online, and then selecting “Our Pricing” under the Investments tab.

All ETFs charge an ETF fee to cover their management and operational costs.

Marcus Invest covers any additional fees for ancillary services such as requests for printed statements, check copies or account ownership transfers.

For additional information on Marcus Invest fees and charges, you can review the Goldman Sachs & Co. Marcus Invest ADV Part 2 Brochure.

Marcus Invest leverages expertise from across Goldman Sachs, giving you access to our years of investment experience. Meet our team:

Investment Strategy Group (ISG)

ISG provides thoughtful asset allocation advice to businesses and clients throughout Goldman Sachs. Their approach focuses not only on diversification across asset classes, but also on diversification across the underlying sources of return and risk. With the power of advanced quantitative modeling and analysis, and leveraging the team’s proprietary market and economic views, ISG designs our asset allocations models to help maximize returns over the long term while managing risk.

Alternative Investment and Manager Selection (AIMS)

AIMS specializes in evaluating global investment opportunities, and they’re responsible for sourcing, researching and vetting the catalog of third-party ETFs available for use by Marcus Invest. They start with investment and operational due diligence on ETF providers, then apply a quantitative screen, which includes a variety of metrics: from tracking error to total assets, trading activity to track records. Simply put, they’ve done their homework.

Portfolio Management Group (PMG)

Our portfolio managers within the Portfolio Management Group put all of the above strategy and due diligence into action. They collaborate with other Goldman Sachs investment professionals to decide which ETFs should be used to construct our portfolios, and continually analyze performance and liquidity based on a variety of quantitative and qualitative inputs.

Digital Investing and Advice

The Digital Investing and Advice team consists of software engineers, product developers and designers who bring Marcus Invest to you. Their technology monitors portfolios as the market moves, and recommends trades (which are reviewed by portfolio managers) to make sure your account stays aligned to your target allocation. Their intuitive design helps make it easy to understand how your investments are allocated, and how they’re performing. 

We don’t offer employer-sponsored IRAs, SIMPLE IRAs or corporate 401(k) plans. Depending on your employer’s plan, you may be able to roll over certain accounts if you leave or change jobs.

Before deciding to roll over a retirement account, you should consider your personal circumstances and needs. To roll over an existing IRA, please ensure the type of IRA you open with Marcus Invest is the same IRA type (e.g., Roth, Traditional or SEP) as we do not support rollovers between different IRA types.