Open Account

Open your Equity Trust Company Account in a few easy steps!

Taking control of your financial future starts with opening your Equity Trust account. In 3 easy steps and less than 10 minutes, you can complete all the required information for the application to establish your account. After submitting the online application, be sure to complete the electronic signature request that will be emailed to you. Once Equity Trust receives the electronic signature, we will review the application. A welcome email will be sent to you upon completion. After receiving your welcome email, which includes your account number, register at myEQUITY for access to wizards, account information, and activity status updates as you create a portfolio that truly works for you.

ACCOUNT INFORMATION

FUND YOUR ACCOUNT

REVIEW, SUBMIT, AND SIGN

Select your account type and enter your personal information.

Select a method to fund the account. You can select from Transfer, Rollover, or Contribution.

After making your account preference selections, review all the information and submit your application for processing.

Before you start your application, please have this information:

Your Social Security Number
Your Date of Birth
Your Legal Address

Account Types

What type of accounts can I open at Equity Trust Company?

Individual Accounts

Traditional IRA

A Traditional IRA is a tax-deferred account (funded with pre-tax dollars). If qualified, you may receive a tax deduction based on the contributions made to this account type. For more information about Traditional IRA accounts, please review IRS Publication 590

Note: If you have an existing tax-deferred IRA, 401k, 403b, 457, or TSP that you intend to rollover or transfer, you will select a Traditional IRA as the account type of your Equity Trust IRA.
Roth IRA

A Roth IRA is a tax-free account (funded with after-tax dollars). To contribute to a Roth account you must meet income requirements and contributions are not tax deductible. Qualified distributions from a Roth IRA are not subject to ordinary income taxes. For more information about Roth IRA accounts, please review IRS Publication 590

Small Business Accounts

SEP - Simplified Employee Pension

Designed for self-employed individuals and small business owners, the SEP allows the employer to make contributions to employees’ accounts. For more information about SEP IRA accounts, please review IRS Publication 560
SIMPLE - Savings Incentive Match Plan for Employees

The SIMPLE IRA is a plan for small businesses with 100 or fewer employees who have no other qualified plans. Employers are also eligible to make contributions to employees’ accounts. For more information about SIMPLE IRA accounts, please review IRS Publication 560

Other Savings Accounts

CESA - Coverdell Educational Savings Account

Coverdell Education Savings Accounts allow individuals to invest funds for educational purposes. Formerly known as an Education IRA, this custodial account is created for the purpose of paying qualified education expenses of the designated beneficiary. Individuals including parents, grandparents, friends, and other relatives are able to contribute to a CESA to save for a child’s educational expenses. Contributions are funded with after-tax dollars, while qualified distributions are not subjected to taxation. For more information about CESA accounts, please review IRS Publication 970
HSA - Health Savings Account

An HSA is a tax-advantaged account for individuals that are enrolled in a high deductible health plan. HSA contributions are tax deductible (subject to limitations), and withdrawals are tax-free when used for qualifying medical expenses. For more information about HSA accounts, please review IRS Publication 969

Equity Trust also custodies Solo 401(k), Participant Plans, and Non-Retirement accounts. To learn more, contact us at 1-888-382-4727 to speak with an Account Executive.

Learn More

Traditional vs Roth IRAs Education Video

Small Business Retirement Plans Education Video

CESA Education Video

HSA Education Video

Funding Your Account

What are the ways I can fund my account?

Moving Funds from Another Account

From an Existing IRA - If you have an IRA elsewhere, you can transfer the funds to Equity Trust via a trustee-to-trustee transfer. Equity Trust will request that you complete the Account Transfer Form (included as a part of the online application). Once Equity Trust receives the form, we will work to process your Transfer. Please note, the speed of funding your account through a transfer is heavily dependent upon your current custodian. We recommend initiating your account transfer as soon as possible to ensure your funds are available when you need them.
From a 401k, 403b, TSP, 457 or other employer sponsored plan, you will establish the account with funding as a Rollover. You will then contact your current plan provider and initiate a “Direct Rollover.” Please complete a Deposit Coupon and send to Equity Trust with your Rollover Funds.

Contributing Fund your account with a one-time contribution. See link for annual Contribution Limits. Contributions can be sent to your account through the following methods:

ACH - The ACH Wizard available on myEQUITY will allow you to submit a one-time contribution or schedule it to recur throughout the year.
Wire - Wiring Instructions are available for where to send your contribution via wire.
Check - Checks should be made payable to: “Equity Trust Company (ETC), Custodian FBO Account Holder’s Name IRA/CESA/HSA.”
Credit Card- You can contribute up to $500.00 per year with a credit card.

Learn More

Funding Your Account Education Video

Ways to Fund Video

Miscellaneous

What are the fees associated with an Equity Trust account?

Equity Trust has an all-inclusive Fee Schedule. Within the application, fees will be calculated and a method of payment required upon submission. You can pay fees using a Credit Card (securely added to your account within the online wizard) or can have them deducted from funds in your account.

Note: Any specialized fees or promotions will not be presented within the online application., Please upload supporting documents on the Summary Page for reference to any promotional pricing.

Have Questions? We're here to answer any questions, help guide you through the application process, and provide more detailed information and education specific to your journey. Call us: 1-888-382-4727

Select your account type

Select from a Traditional, Roth, SEP, SIMPLE, CESA, or HSA Account Type to establish at Equity Trust Company.

Enter your personal information

Name, Social Security Number, Date of Birth, Legal Address, Phone, and Email are required.

Fund your account

Transfer from an existing IRA, submit a Rollover from another qualified account, or make an Annual One-Time Contribution.

Add your account preferences

Add a beneficiary or interested party, select the method for your statement delivery, and other options to make the most out of your account.

Review, Submit, and Sign

After reviewing the details for your new account and uploading supporting documents to expedite your request, choose to sign your final application using eSignature or a physical signature.