New E*Trade iPhone App

E*Trade announced a new iPhone App this week called E*TRADE Mobile Pro for iPhone.  The App provides the same core functionality as the desktop and is fully synchronized in real time with the online account.  (They also have an service for BlackBerry users – see

Customers are provided:

  • Streaming real-time quotes, news and market information
  • Easy stock and options trading
  • Live accounts, watch lists and portfolios
  • Quick free cash transfers


See also:

$250 Social Security Checks Coming Soon

Retirees and other eligible Social Security beneficiaries will receive $250 this month as part of the recently enacted stimulus plan.  All eligible recipients should have their money by the end of May and will arrive in the same manner as current payments (e.g. check or direct deposit).  The government has a website with all the relevant information.

Nearly 55 million Social Security and Supplemental Security Income (SSI) beneficiaries will receive a one-time payment of $250 each. Individuals who were not eligible for Social Security, SSI, Veterans, or Railroad Retirement benefits at any time during the months of November 2008, December 2008, or January 2009 are not eligible for the one-time payment.

The government website has many more details, including answers to frequently asked questions and an informative video.


Get Up to $500 with E*Trade IRA

From now until April 15th, you can get up to a $500 cash credit for rolling over your 401(k) into an E*Trade Securities IRA.  The cash credit depends upon the initial deposit.  Deposits over $250,000 receive $500; deposits between $100,000 and $249,999 receive $250; deposits between $50,000 and $99,999 receive $100; deposits between $25,000 and $49,999 receive $50. They have a tool to help with roll over information.

E*Trade is really making a push for IRA business.  Last month we mentioned their 100 Free Trades Offer.  That is still available as a separate offer.