How do I set deposit allocations for my pockets?
Just like your Taxes pocket, you can automatically save a portion of your deposits into your custom pockets. Deposit allocations help you automate your finances by separating your spendable funds and working toward your savings goals.
To add or change a deposit allocation, follow these steps:
Open the pocket that you’d like to set a deposit allocation for.
Select the gear icon to open Settings and select Deposit Allocation to adjust the allocation amount. Don’t want to automatically allocate to this pocket anymore? Set the slider to 0%.
As you receive deposits, tap the deposit in your Found activity list to see where those funds were allocated. Keep in mind that deposit allocations are always made after any tax auto-savings that you may have set.
for the self-employed
*Found is a financial technology company, not a bank. Banking services are provided by Piermont Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category.
The Found Mastercard Business debit card is issued by Piermont Bank pursuant to a license from Mastercard Inc.
The information on this website is not intended to provide, and should not be relied on, for tax advice.
Direct deposit funds may be available for use for up to two days before the scheduled payment date. Early availability is not guaranteed.