Yes, and we won't charge you for any withdrawals. It can take up to 3 business days to withdraw your Wealthsimple Save contributions. We're constantly working on improving the speed of withdraws so you can have access to your money faster.

Wealthsimple Save accounts are covered by SIPC insurance up to $500,000 with principal and returns combined.

When you invest with Wealthsimple your assets are held in custody with our brokerage partners at Apex Clearing Corporation, a clearing services firm. Apex is a member of the Securities Investor Protection Corp (SIPC), which is the non-profit organization that protects the customers of brokers or dealers from loss in case of financial failure of the broker or dealer.

SIPC insures investments up to $500,000 in securities for each type of account you hold with Wealthsimple in case of any failure or default by our brokerage partner. Your investments with Wealthsimple Save will be protected up to $500,000, and you will also have access to additional coverage beyond that if required.

Not yet. Right now, you can use a Wealthsimple Save portfolio in a personal account.

Wealthsimple Save deposits don't count toward assets managed free because you are charged a different fee than your investment accounts. Deposits to Wealthsimple Save do count toward Wealthsimple Black status. You can learn more about how to qualify for Wealthsimple Black here.

The Wealthsimple Save portfolio is designed offer a modest yield to help preserve the real value of savings. But, like any investment, you may experience a loss. Any historical returns, expected returns, or probability projections may not reflect actual future performance.