Due to Covid-19 related USPS mail delays of our client statements, late fees for non-payment of Annual Maintenance Fees will not be assessed until Apr. 30th (extended from Mar. 16th) – Learn More

Delivery of our client statements and payments have been impacted due to COVID-19 related USPS mail delays.

In response, Equity Trust has pushed out the date for assessments of late fees for non-payment of Annual Maintenance Fees from March 16th to April 30th. (Due date for the 2020 AMF invoice was Wednesday, March 3, 2021.)

  • Equity Trust is encouraging clients to use electronic methods for depositing and delivery of payments: Rental/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.
Generic selectors
Exact matches only
Search in title
Search in content
Filter by Categories
Cryptocurrency Investing
ETC News
Investor Insights Blog
Managing Your Account
Promissory Note Investing
Real Estate
Real Life Examples
Roth IRA
Self-Directed IRA Concepts
Small Business Plans
Tax Insights
Tax-Advantaged Accounts

Solutions for Individuals

Tax-Advantaged Accounts for Individuals

Traditional and Roth IRAs, Education and Health Savings Accounts

Traditional IRA

Allows you to make contributions with pre-tax money and may provide a tax deduction, while the investment earnings are tax-deferred until withdrawn from the account.

Advantages:

  • Contributions may be fully or partially tax deductible depending on your circumstances
  • Taxes on investment earnings are deferred

Individuals age 59½ are eligible to start taking withdrawals, but at age 72, required minimum distributions must begin.

Learn More

Roth IRA

Allows you to make contributions with after-tax dollars (not eligible for tax deduction). The Roth IRA is designed to allow investment earnings to grow tax-free and provides the opportunity for tax-free withdrawals in retirement. Earnings and qualified distributions are tax-free after age 59½.

Advantages:

  • Qualified withdrawals are tax-free
  • Investments can compound tax-free
  • No required withdrawals at any age

U.S citizens, regardless of age, can open a Roth IRA, assuming their individual Modified Adjusted Gross Income (MAGI) is within allowable limits.

Learn More

Health Savings Account (HSA)

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.

Advantages:

  • Potentially lower health care premiums
  • Triple tax advantages – possible tax deductions, funds grow tax-deferred, and qualified expenses are tax-free
  • Not a “use it or lose it” plan
Learn More

Coverdell Education Savings Account (CESA)

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.

Advantages:

  • Save for higher education
  • Save for more than just college – help pay college expenses, in addition to elementary and secondary tuition, as well as books and supplies
  • Anyone can contribute to a CESA
Learn More