ALERT: USPS is experiencing unprecedented volume increases and limited employee availability due to the impact of COVID-19. This is impacting the delivery of client statements and payments, Equity Trust is encouraging clients to use electronic methods for depositing and delivery of payments: Rental and Note Payments can be submitted using our Online Payment Center | Request purchase funds, bill payments, and distributions using Wire or ACH payment methods through myEQUITY Wizards | Review USPS.com for updates.
All-Inclusive Fee Schedule Provides Unbeatable Value
Equity Trust’s continued growth and success is based in part on our commitment to providing incredible services for a fair price. While some IRA custodians have complicated fee structures and others require large upfront set-up fees (sometimes thousands of dollars), we provide a straightforward fee schedule.
With our all-inclusive fee schedule, there are no hidden fees or surprise charges. It’s very simple and easy to understand, and it comes with unbeatable value that you can only get from a leading self-directed IRA custodian.
Annual Fee Schedule
Account Set-up Fee: Online Application Paper Application
Please note the following:
The annual fee is assessed in the 1st Quarter of each year.
There are no transaction or distribution fees. There are special service fees (View Retail Fee Schedule PDF) for paper bill pay or statements, any special handling requested and/or the account is being terminated.
The fee schedule does not include brokerage commissions.
The above fees are effective from January 1 to December 31 of any given calendar year.
All fees are subject to change.
IRA maintenance fees are not prorated.
Any investment fees are taken from your account on the day an investment is processed unless you pre-pay the fees.
Fees cannot be refunded.
Partial Termination Fee $100.00 / asset
Full Termination Fee $225.00
Distribution of Asset/Re-registration Fee $100.00 / asset
Coverdell Education Savings Accounts for Minors
Special maintenance fees apply to Equity Trust CESA accounts opened on behalf of children and teenagers under the age of 18:
When a minor opens an Equity Trust account valued at $10,000 or less, a $50 one time set-up fee is assessed along with a $70 yearly maintenance fee.
Once the child reaches age 18 or the account exceeds $10,000, the account converts to the regular maintenance fee schedule and is billed annually.
The Family Plan allows a minimum of four members of the same family to open Equity Trust accounts on the same day with only one $50 setup fee. All required documents for opening each account must be submitted at the same time.
For example, a father, daughter, grandfather, and uncle of the same family can open four Equity Trust self-directed IRAs for $50. Those family members would normally pay $200 in setup fees.
The following relationships qualify as family members:
Father and mother
Sons and daughters
Aunts and uncles
Brothers and sisters
Stepbrothers and stepsisters
Stepfather and stepmother
In-laws family members
Family members who are “second removed” – such as second cousins or second aunts or uncles – do not qualify.
Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Any information communicated by Equity Trust Company is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever making an investment decision, please consult with your tax attorney or financial professional. Equity Institutional services institutional clients of Equity Trust Company. Brokerage Services Available Through ETC Brokerage Services, Member SIPC, and FINRA. *Founded in 1974 | Self-Directed IRA Custodian since 1983. The predecessor business to Equity Trust Company was established in 1974 and the IRS approved as a custodian in 1983. **Assets under custody as of 3/1/2020.
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