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March 02, 2012 at 11:29 AM
Fidelity Investments announced Friday that its IRA clients could make deposits using the Fidelity Investments for iPad app.
Fidelity receives approximately 45% of annual IRA contributions in the 28 days ahead of the April tax deadline. To accommodate those investors, the app allows them to take a picture of their check with the camera on their iPad and send it to Fidelity to be deposited in their traditional or Roth IRAs, or into a brokerage account.
“Fidelity has a long history of addressing customer needs and providing investors with service and innovation they cannot get elsewhere,” Richard Blunck, executive vice president of digital distribution for Fidelity, said in a press release.
