How Many Bank Accounts Should I Have?

4. Non-retirement investment account

If you’ve set up your retirement account and still have extra cash lying around, then a non-retirement investing account may be a great option to consider.

A regular investment account comes with many benefits including the ability to access your funds without being penalized and the ability to save beyond your 401(k) or IRA.

These account types can be set up with a brokerage like Vanguard or Fidelity or with a robo-advisor like Betterment.