At the foundation of TCA by E*TRADE's self-directed IRA offerings is its custody expertise. Maintaining a strong focus on holding custody of traditional assets such as stocks, bonds, and mutual funds and non-traditional holdings such as limited partnerships, direct participation programs, and real estate, we help provide peace of mind to individual account holders.
In addition to providing custody for client assets, we provide a full range of administrative services for IRA's, including:
Statements for individual account holders, their representatives, and other interested parties
Facilitation of required IRS distributions
Coordination with servicing agents
Posting of principal, interest, and other asset income
In administering distributions from IRA's, E*TRADE Advisor Services follows IRS guidelines for minimum payout levels.
Online Account Access
Individuals and their representatives may view IRA account information 24/7 via web-based access. Password protected, each account site includes current positions and a transaction history and is updated nightly to reflect balances as of the end of the previous day.
To convey an accurate snapshot of a retirement plan’s profile, E*TRADE Advisor Services provides consolidated statements that incorporate traditional and non-traditional holdings. Each statement features a high-level overview of account activity, a comprehensive transaction summary, fee information, and posting of principal, interest, and other asset income.
E*TRADE Advisor Services handles required tax reporting responsibilities at the state and federal level. We send individual clients an annual tax report that includes 1099R filings to report distributions and 5498 filings to report contributions, fair market value and any required minimum distributions. E*TRADE Advisor Services also supports federal and state tax withholding.
Investment Products: Not FDIC Insured - No Bank Guarantee - May Lose Value.
E*TRADE, E*TRADE Advisor Services, and Liberty are registered trademarks or trademarks of E*TRADE Financial Corporation. All other trademarks mentioned herein are the property of their respective owners. Product and service offerings are subject to change without notice.
E*TRADE Savings Bank and its affiliates (“E*TRADE”) do not warrant these products, services and publications against different interpretations or subsequent changes of laws, regulations and rulings. E*TRADE does not provide legal, accounting, or tax advice. Always consult your own legal, accounting, and tax advisors.