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Pension Plan Trust Accounts

A Pension Plan Trust Account is a subaccount that holds assets for a qualified pension. Pension Plan Trust client accounts are trust accounts containing assets beneficially owned by a number of underlying Pension Plan participants.

Pension Plan Trust Accounts are subject to the following requirements:

  • Pension Plan Trust Accounts are for U.S.-based customers only.
  • Each plan must be a qualified plan as specified in Section 401(a) of the U.S. Internal Revenue Code.
  • Pension Plan Trust Accounts are not individual Pension or 401K Accounts pertaining to individual beneficiaries.

To add a Pension Plan Trust Account, a Professional Advisor sends an invitation for a fully electronic account application from within Account Management.