OWNx IRA Fee Schedule :

OWNx IRA Fee Schedule

Modified on Wed, 13 Dec 2023 at 01:53 PM

Following are fees associated with an OWNx IRA. 

Typical IRA Fees

IRA setup and first year maintenance fee.
Billed for each IRA
$195
Annual IRA Maintenance Fee, billed on the anniversary date of account establishment
$150
Storage Fees
0.5% per year, assessed monthly as 0.0416%

Fees That Are Easy to Avoid

Paper Statement Fee
Avoid by setting up a myEQUITY portal account
$60 per year
Paper Bill Pay or Distribution
Avoid by submitting through myEQUITY portal
$15 each
Wire Transfer Fee
Select check processing to avoid
$30 each
Cashier's Check, Certified Mail
(Select regular check to avoid)
$30 each

Other Fees (Rare Occasions)

Overnight Mail$50 each
Express Transfer Processing (Reviewed same day)$75 each
Expedited Process Service$75 each
Special Document Processing$10 each
Miscellaneous Activity Request$75 / hour
Special Handling Fee$25 each
Foreign Currency Fee$100 annually
Stop Payment, Return Check Fee$30 each
In-Kind Distribution or Transfer Out$50 per transaction
Account termination fee$250

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons

Feedback sent

We appreciate your effort and will try to fix the article