You have two choices for your Automatic Investment Plan Funding Method: an electronic funds transfer or your cash balance.
With an electronic funds transfer from your checking or savings account, the required funds are automatically requested from the bank account on file the day before your scheduled investment. When setting your funding source as an electronic funds transfer you won't have to remember to set up a separate deposit for each investment, just set it and forget it.
Tip: Although we do not charge for an electronic funds transfer, some financial institutions may have fees associated. Although rare, check with your financial institution to determine if it charges for electronic fund transfers.
If you instead go with the cash balance, you'll then need to create a deposit for each plan investment. There are a few ways you can deposit funds into your cash balance besides an electronic funds transfer:
All funds deposits into your ShareBuilder account are held in the cash balance until used for an investment.
Tip: Changes to your Automatic Investment Plan must be entered and saved prior to 5:00 PM ET on the business day before the scheduled investment. After 5:00 PM ET it's too late, and any changes apply to future weeks only.