Opening Your IRA
Funding Your IRA
Investing Your IRA
Ongoing Account Maintenance
How much does it cost to set up a Self Directed IRA?
What is Madison’s quarterly custodial fee?
The quarterly custodial fee is $100 (this includes the first asset). The custodial fee for additional assets is $25 per quarter.
To learn more about our flat-rate model vs. the asset-based model used by other custodians, please click here: Pricing Model.
Please click here to view our complete Fee Schedule.
When will I be charged my quarterly fee?
The $100 fee will be charged when you sign up for an account, and then quarterly as follows:
January 1st – $100
April 1st – $100
July 1st – $100
October 1st – $100
What is Madison’s minimum cash balance?
The minimum cash balance is $500 which may be paid as follows:
The minimum balance is not a cost to you. Madison will only deduct funds from the $500 minimum for quarterly fees if an accountholder is in arrears and does not provide any other payment method. Upon account termination, the $500 minimum balance is returned to the accountholder.
What payment methods does Madison accept for custodial and transaction fees?
How do I update my credit card information?
Please contact our support team at (800) 721-4900 to update your credit card information.