- Self-Directed Accounts
- Investment Types
- Why Equity Trust
- Institutional Solutions
Open your account online in less than 10 minutes. You will be guided through the steps to provide your personal information and method of funding for your account. Then after completing a final review your application will be submitted.
Your account will typically be opened within 3 business days. Delays may occur if there are any corrections needed from you in order to complete the account setup process.
There is a $2,000 annual contribution limit imposed by the IRS for CESAs. There are also annual income limits that may impact your ability to contribute to a CESA. For more information related to eligibility requirements, visit www.irs.gov or speak to a CPA or other financial professional.
You can fund your new HSA with a contribution, transfer from an existing HSA, or complete a once in a lifetime rollover from a Traditional IRA (up to the contribution limit).
Each year annual contribution limits are set by the IRS for HSAs. For 2019, the contribution limit for an individual HSA is $3,500 or $7,000 for a family HSA. If you are 55 or older, you can contribute an extra $1,000. To qualify for an HSA, you must have a high-deductible insurance plan. To learn more about eligibility requirements, visit www.irs.gov.
You direct all investments for your account with the freedom and flexibility to diversify your portfolio with both alternative and traditional assets.
You can process your investment direction online using the intuitive wizards or Transaction Launcher feature on myEQUITY to submit your request. The Transaction Tracker and dashboard provides access to monitor transactions, around-the-clock and from any device.OPEN YOUR ACCOUNT ONLINE
Education and Health Savings Accounts
A Coverdell Education Savings Account (CESA) allows you to save for educational expenses in a tax-advantaged account. Earnings from investments in the account grow tax-deferred and distributions are tax-free when used for qualified expenses.
A Health Savings Account (HSA) allows you to save for current and future medical expenses in a tax-advantaged environment, while potentially reducing your health insurance premiums.
You are leaving trustetc.com to enter the ETC Brokerage Services (Member FINRA/SIPC) website (etcbrokerage.com), the registered broker-dealer affiliate of Equity Trust Company. ETC Brokerage Services provides access to brokerage and investment products which ARE NOT FDIC insured. ETC Brokerage does not provide investment advice or recommendations as to any investment. All investments are selected and made solely by self-directed account owners.Continue