Wfcs Ira Disclosure Statement And Custodial Agreement
The first part of each document contains the statement required by the Internal Revenue Service for the specific types of accounts listed below. Disclosures explain the ground rules and tax considerations that you need to understand when introducing an IRA and/or ESA Coverdell. The second part of the document contains the Agreement on the Holding of Liberty. Use the links below to view the custody declaration and agreement for each account type. Wells Fargo Advisors customers can find information and disclosures about the Cash Sweep program on wfa.com/cashsweep. 1 The “Retirement provision” field in box 13 of your W-2 tax form must be reviewed if you were covered by a pension scheme at work. The Disclosure Statement and Custody Agreement are intended to give you an overview of the Individual Retirement Account (IRA) and/or a Coverdell Education Savings Account (ESA), including tax benefits and considerations, as well as contribution and distribution rules. Eligibility is based on the type of investment account and the type of ownership of the account. Open an IRA or transfer a 401(k), 403(b), or 457(b) plan from the state to an IRA Advisory account, and tax-free accounts may receive rates higher than published rates.
For up-to-date information, please contact your financial advisor. See the custody agreement will go traditional and disclosures from Wells Fargo Bank (PDF) Consider consolidating your financial assets to simplify your finances and get a better overview of your overall financial situation. Wells Fargo Advisors Attention: MAC N9160-01P PO Box 77046 Minneapolis MN 55480-9902 or fax at 1-844-879-1439. If you need help with this form, call 1-800-TRADERS (1-800-872-3377). If you have any questions about WellsTrade, call us at 1-877-573-7997 The Standard Bank Deposit Sweep consists of interest-bearing deposit accounts with two or more banks of programs linked to WFCS, LLC (“Related Banks”). Expanded Bank`s Sweep Deposit Sweep consists of interest-rate deposits with up to five banks, including affiliated and unrelated banks. The return on each sweep option displayed varies over time and may be lower than the interest rates available to customers who make deposits directly with related banks or other banks or who invest directly in other MONEY MARKET funds that are not offered through the sweep program. The plan is prioritized based on the account type and the total household value of your account(s). For more information, see the Cash Sweep Disclosure Statement (PDF). *Money market funds offered under the Cash Sweep program include those for which a subsidiary of WFCS, LLC provides investment management or other services. Standard Bank Deposit Sweep Expanded Bank Deposit Sweep Money Market Fund Sweep investment funds are sold by prospectus.
Before investing, please carefully consider the investment objectives, risks, fees and expenses of the fund. The prospectus and, if applicable, the summary prospectus contain this and other information and may be obtained by telephone from the fund company or your financial advisor. Read the prospectus and, if applicable, the summary prospectus carefully before investing. Support with existing accounts, including contributions, rollovers, and distributions To add functionality to your checking account, simply download the appropriate form or request, print and fill it out, and send it via the fax number or mailing address provided. Wells Fargo Clearing Services, LLC (WFCS) is a non-bank company of Wells Fargo & Company. Wells Fargo Asset Management is a trade name used by the wealth management business of Wells Fargo & Company. Wells Fargo Funds Management, LLC, a wholly-owned subsidiary of Wells Fargo & Company, provides investment advice and management services to Wells Fargo Funds. Other wells Fargo & Company affiliates provide sub-advice and other services to the funds. The funds will be distributed by Wells Fargo Funds Distributor, LLC, a member of FINRA, a subsidiary of Wells Fargo & Company. .