Provide ultimate investment control and choice.
The SDBA is a brokerage option that offers you the ability to invest in individual stocks, bonds, CDs, over 100 commission-free ETFs, and more than 13,000 mutual funds. You have, to complete an application form to set up a
separate Self-Managed Account before you can trade securities.
$50 annual maintenance fee. Additionally, there is a varying sales load associated with load mutual funds or a flat transaction fee on no-load funds.
In order to open a SDBA, you must complete the SDBA Application Package. Call the Plan Information Line to request one be mailed to you. Upon receipt of your completed application, TD Ameritrade (the brokerage service provider) will send you a welcome kit, which includes a welcome letter with your brokerage account number. To learn more about the TD Ameritrade SDBA, view the video at tdameritraderetirement.com/demo
If you wish to identify a fee-based financial advisor to manage your investments in your self-directed brokerage account (SDBA), you must complete a Limited Power of Attorney Form
and remit to TD Ameritrade.
SDBA Fact Sheet
SDBA Fee Sheet