About The Program
The SAVE252 Program
The SAVE252 Program provides you access to an automated network that makes daily contributions from your bank account to your IRA or a regular individual or joint account 252 days a year - every day the financial markets are open.
SAVE252 puts you in control and does not lock you in. You are able to change your "account settings" to fit your current financial situation. For example, you can increase or decrease the dollar amount you want to save or you can temporarily "defer" your contributions for any reason. You can also turn your account off by placing a "stop date" or make additional "one time contribution" if extra money is available. Best of all, the system gives you access to your money penalty free, with one click of a button by using the "distribution" function.*
As a SAVE252 Participant, you will have access to confidential information through a secure password protected user interface that is specific to your Program. This information includes transaction history, account balances, quarterly statements and personal profile.
Activating an account requires uploading encrypted instructions, which takes about 7 minutes to complete. Once your SAVE252 Program is activated, contributions will automatically begin. No additional actions are required.
To help the government fight terrorism and for your protection SAVE252 strictly enforces its Privacy, Anti Money Laundering and Patriot Act policies. While registration is simple, you will need to provide the following information.
- Name and address
- Social Security Number
- Your check book (routing and bank account number)
A weekly Program fee of $1 will be charged to the bank account on file. Please read all pertinent information and user agreements made available to you. Please call our toll free customer service line at 866-538-9513 should you have any questions or need assistance.
* The Federal tax code imposes special rules on distributions from IRA accounts which may include taxes and penalties.
