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What is the minimum requirement to open an IRA account?

A $5,000 minimum deposit is required to open a Prosper IRA account. With the minimum deposit, Prosper will pay your annual IRA service fee for the first year. Prosper will continue to pay the annual IRA service fee on your behalf each year if you reach and maintain a greater than $10,000 invested balance in the second year and beyond. If you begin with a $10,000 or greater transfer, your IRA fees will be paid each year that your balance is greater than $10,000.

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