How are you funding your Neighborly account?

As a broker-dealer complying with federal anti-money laundering regulations, we are required to ask how you anticipate paying for your investments with Neighborly. 

PATRIOT Act and IRS withholding confirmations

Why do we ask this question?

How do you file your taxes?

We use this information to determine taxes that may apply to returns you earn on Neighborly. We know this is personal. Our goal is to help you plan long-term investments that fit your unique life experiences. The more we know about you or anyone else you might be planning for, the better we can meet your needs.

What is your employment status?

What was your household income last year before taxes?

In most cases, revenue earned from municipal bonds is tax-exempt. To determine this benefit, we need to understand what tax bracket you belong to. 

Your gross annual income can include money received from several sources. If you are 21 or older and regularly use income from others to pay your bills, you can include that too. Why do we ask this question?

What is your total net worth?

Calculate the total value of all assets you currently hold, such as retirement accounts, investments, cash and other personal property, excluding your primary residence, minus your liabilities. Liabilities include loans, credit card balances and taxes. 

What is your liquid net worth?

Calculate the total value of all assets you currently hold that can be readily turned into cash, such as stocks and mutual funds. This does not include items that are more difficult to convert, such as real estate or cars.

How many dependents do you have?

Any qualifying child or relative filed with your taxes may be counted.

What are your estimated total recurring annual expenses?

Annual expenses may include mortgage payments, rent, long-term debts, utilities, alimony or child support. This does not include regular travel expenses. Why do we ask this question?

Do you have any other upcoming financial commitments?

Financial commitments could include the anticipation of buying a home or car, or paying for significant education or medical expenses. 

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