Unlike many other providers, our fee schedule is clear, honest and simple to understand. You will see an administration and investment management fee. With Rollover123 there are no investment transaction fees to pay.
Administration Fees
Set-up Fee = $40 one-time
Monthly Fee = $4.58 (waived for all accounts above $35,000)
Monthly Asset Fee:
$0.25 per $1,000 for account balances from $1 to $100,000
$0.21 per $1,000 for account balances between $100,001 and $250,000
$0.17 per $1,000 for account balances over $250,000
These fees cover the cost of administering your account, 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
Your account will be charged a monthly management fee of $0.25 for every $1,000 for screening, review and ongoing monitoring of the investments available to you through Rollover123.
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 those 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.