How to Open a Tax-Efficient Account in Yeeld

Opening a tax-efficient account with Yeeld is straightforward. Here’s how you can get started:

Step-by-Step Guide to Opening a Tax-Efficient Account:

1. Navigate to the Portfolio Section:

   • Open the Yeeld app and tap on the 'Portfolio' option at the bottom menu.

2. Select the Account Type:

   • Choose the type of tax-efficient account you wish to open, such as an ISA or SIPP. Each option will have detailed information about the account features, benefits, and any tax advantages.

3. Complete the Suitability Questions:

   • You will be prompted to answer a series of questions about your financial goals, investment experience, and risk tolerance. These questions help ensure that the chosen account aligns with your financial objectives.

4. Confirm and Fund Your Account:

   • After completing the questions, review the account details, agree to the terms, and confirm the setup. You can then deposit funds into your new tax-efficient account.

By following these steps, you can take advantage of the tax benefits available through Yeeld’s range of accounts.