Can I set up automatic contributions to my account on Dreyfus?
Asked 3 months ago
Dreyfus offers various options for managing your investment account, including the possibility of setting up automatic contributions. Automatic contributions can be a convenient way to consistently invest over time, allowing you to build your portfolio with minimal effort. Typically, investors can set up automatic transfers from a bank account to their Dreyfus investment accounts on a regular schedule, such as monthly or quarterly. This feature allows investors to take advantage of dollar-cost averaging as well. To get detailed information on how to set up automatic contributions, including any requirements or potential limitations, it is advisable to review the relevant sections on the official Dreyfus website or check the specific guidelines and policies related to automatic contributions. The website may provide you with updated forms or instructions needed to initiate this process.
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