What is the minimum investment required to open an account?
The minimum investment required to open an account with Principal Financial varies depending on the type of account you are interested in. For individual retirement accounts (IRAs), the minimum initial contribution is $1,000. However, some accounts may have higher minimums, such as $5,000 for certain managed accounts. It is important to note that these minimums may be subject to change and additional fees or requirements may apply. We recommend contacting Principal Financial directly or consulting their website for the most up-to-date information regarding specific account types and their respective minimum investment requirements.
Answered Nov 1, 2023
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