Unlike many other providers, our fee schedule is clear, honest and simple to understand. You will see an administration and investment management fee. With RolloverChoice there are no investment transaction fees to pay.
Annual
Administration Fee
A $50 annual fee is charged but is waived when the account balance exceeds $35,000, and all accounts are charged 31.7 cents for every $1,000 in your account each month. These fees cover the cost of administering your account, fund screening, access to online advice, creating statements, executing transactions, providing custody services, providing secure 24/7 online access and Customer Care Center Support.
Investment
Management Fees
There are no fees charged separately to your account to cover the cost of screening the investments and making periodic changes to the investments available in RolloverChoice.
Event Driven Fees
These are fees that apply only when you request a service that does not involve the everyday maintenance of your account. The most common fees are:
Applies for non-schedule withdrawals.
Applies when monthly or quarterly withdrawals are taken.
There is NO CHARGE to view and print your quarterly account statement online.
To keep things simple, all fees are collected by selling a prorated share of all of your investments based on the total dollar amount of your fees.
Any other non-standard fees that may apply to your account are listed in the Financial Disclosure that is part of the account opening document you sign.