Fees

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

The quarterly custodial fee is $95 (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.

The $95 fee will be charged when you sign up for an account, and then quarterly as follows: 

January 1st – $95
April 1st – $95
July 1st – $95
October 1st – $95

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.

1. Credit Card
2. Auto-deduct from your Madison account

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