BofA Merrill Lynch Global Research is equity research produced by Merrill Lynch, Pierce, Fenner & Smith incorporated and/or one or more of its non-U.S. affiliates.
Neither Merrill Lynch nor any of its affiliates or financial advisors provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Footnote 1 Other fees may apply. Sales are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs. To learn more about Merrill Edge pricing, visit merrilledge.com/pricing.
Footnote 2 For 2018, contributions can be made up to the federal gift-tax exclusion limit of $15,000 per beneficiary per year ($30,000 for married couples) without incurring federal gift taxes or generation-skipping transfer tax. You can take advantage of a forward gifting provision that allows you to contribute up to $75,000 ($150,000 for married couples filing jointly) per beneficiary in a single year without incurring gift tax. Contributions between $15,000 and $75,000 ($30,000 and $150,000 for married couples filing jointly) made in one year can be prorated over a five-year period without subjecting you to gift tax or reducing your federal unified estate and gift tax credit. If you contribute less than the $75,000 ($150,000 for married couples filing jointly) maximum, additional contributions can be made without you being subject to federal gift tax, up to a prorated level of $15,000 ($30,000 for married couples filing jointly) per year. Gift taxation may result if a contribution exceeds the available annual gift tax exclusion amount remaining for a given beneficiary in the year of contribution. For contributions between $15,000 and $75,000 ($30,000 and $150,000 for married couples filing jointly) made in one year, if the account owner dies before the end of the five-year period, a prorated portion of the contribution may be included in his or her estate for estate tax purposes. Please consult your tax and/or legal advisor for such guidance.
Footnote 3 Merrill Edge Roadmap® participation requires a Merrill Edge Advisory Center™ account.
Footnote 4 You have choices for what to do with your employer sponsored retirement plan. Depending on your financial circumstances, needs and goals, you may choose to roll over to an IRA or convert to a Roth, roll over to an employer sponsored plan from a prior employer to an employer sponsored plan at your new employer, take a distribution or leave the account where it is. Each choice may offer different investment options and services, fees and expenses, withdrawal options, required minimum distributions, tax treatment and provide different protection from creditors and legal judgments. These are complex choices and should be considered with care. Visit http://www.merrilledge.com/retirement/rollover-ira or call a Merrill Edge rollover specialist at 1.888.637.3343 for additional information about your choices.
Footnote
Eligibility: Commissions are only waived for online stock and ETF trades conducted via an individual or jointly owned self-directed personal
CMA® or IRA account.
Merrill Edge waives its commission fee for:
- 10 monthly online stock & ETF trades for Preferred Rewards Gold tier members
- 30 monthly online stock & ETF trades for Preferred Rewards Platinum tier members
- 100 monthly online stock & ETF trades for Preferred Rewards Platinum Honors tier members & Bank of America Private Bank clients
For details about commissions, transaction fees and any other fees that may apply, visit
our Pricing page. Other restrictions may apply. Preferred Rewards for Wealth Management clients (formerly known as Banking Rewards for Wealth Management), other than Bank of America Private Bank clients, do not receive Merrill
Edge® Self-Directed commissions waivers.
Learn more about Preferred Rewards.
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