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When I sell my stock how do I get my money


Receiving the Money Once the proceeds from the sale of stock have been credited to your brokerage account, you must still get the money from the account. You can set up Automated Clearing House -- ACH -- transfers, which allow you to get the money to a bank account in one to two additional days.

When I sell stock when do I get money?

For most stocks, the standard period to receive the proceeds of a stock sale is two days; this is also known as the T+2 settlement period.

How do I get my money after selling stock?

When you buy or sell securities, the official transfer of the securities to the buyer's account or the cash to the seller's account is called "settlement." For most stock trades, settlement happens two business days after the trade is executed.

What happens after I sell a stock?

When you sell the stock, you'll either receive a gain or a loss on your investment. The money from the sale of the stock, including your principal investment and any gains if you sold it for more, should be in your account and settled within two business days. You'll need to report sales of stock on your tax return.