Can I set up automatic contributions or withdrawals from my Goldman Sachs mutual fund account?
Asked a year ago
Yes, investors can set up automatic contributions or withdrawals from their Goldman Sachs mutual fund account. This service, known as automatic investment plan or systematic withdrawal plan, allows investors to establish a regular schedule for depositing funds into or withdrawing funds from their mutual fund account. It provides convenience and flexibility in managing their investments. Automatic contributions help investors increase their savings over time by regularly adding to their investment portfolio, while systematic withdrawals offer a predictable cash flow to meet financial goals or necessary expenses. This feature enables investors to tailor their investment strategy according to their specific financial needs and objectives. Investors can contact Goldman Sachs or their financial advisor to set up and customize automatic contributions or withdrawals for their mutual fund account.
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