How does money get into the BreadVault account?

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  • In the initial registration process, BreadVault users establish a brokerage account with TD Ameritrade. Once the account is established, BreadVault provides you a form to establish a connection between your home bank and the TD Amertirade account. This form allows the account owner to initiate a set dollar amount and a set frequency of deposits that transfer from the bank account to the brokerage account via ACH. Any manual, one-time dollar transfers between the bank and brokerage account can be completed directly on the TD Ameritrade website.
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  • What if you started the registration process but didn't complete it with establishing the TD Ameritrade account? That's what I did. I wasn't ready to set it up, so I didn't. And now I can't figure out how to get back to setting up the TD Ameritrade account for my BreadVault account. Help please!
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  • Hi NancyM,

    I can help you with that. We have decided to move BreadVault forward without asking users to create a brokerage (TDA) account. Instead, users are now able to register for BreadVault in a few quick steps, which include using your Facebook login info. You are now able to use virtual money to fund your account.

    Feel free to check out the new features at www.breadvault.com.

    Please let me know if I didn't answer your question, or if you have any other questions.

    Thanks!
    Whitney
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  • Hi NancyM,

    We are considering alternative ways to link real money flows to the site, but as Whitney mentioned, hard-wiring the brokerage link was becoming a non-starter based on early user feedback. One idea we are considering is a reloadable debit card option, and we may have some news on that front soon. For the time being, you'll manually enter the virtual dollar amount on BreadVault's family summary page to mirror the real deposit you made at your financial institution.

    Thanks for the question! We appreciate your feedback as we continue to fine tune the BreadVault platform for optimal use.

    Ross Almlie
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