Fees

How much does it cost to set up a Self Directed IRA?

The cost to set up an account at Madison Trust Company is $50. 

What is Madison’s quarterly custodial fee?

The quarterly custodial fee is $75 (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 $75 fee will be charged when you sign up for an account, and then quarterly as follows: 

January 1st – $75
April 1st – $75
July 1st – $75
October 1st – $75

What is Madison’s minimum cash balance?

The minimum cash balance is $500 which may be paid as follows: 

  1. Personal Check (non-IRA deposit)
  2. Credit Card (a $25 administrative fee will apply)
  3. Deduction of $500 from your IRA funds 

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?
  1. Credit Card
  2. Auto-deduct from your Madison account
How do I update my credit card information?

Please contact our support team at 800-721-4900 to update your credit card information.

Have Questions?

Read our FAQs, or feel free to contact our team directly.

Contact us

Ready to Get Started?

Take control of your investments.

open an account

Getting started is easy

1

Speak with a specialist

You’ll be asked a few simple questions to make sure that a Self Directed IRA is your best option.

2

Open an Account

Madison will guide you step-by-step through the process, including any necessary transfers.

3

Invest

Your funds will be invested directly into the asset of your choice.


Get started with a new account