There are some fees to keep the account up and running. After June 30, 2019, the annual flat fee will be $35 prorated quarterly and billed directly to your account at the end of each calendar quarter.
Plus, there’s an annual administrative fee of 0.30% to 0.38% of the account’s balance and fees for the investment option. Please see the Plan Disclosure for more information about fees.
Additional fees are added based on how you use the account:
- $1.25 per month for the prepaid card
- $10 per year for paper statements when you choose to opt out of electronic statements
- $2.50 per check withdrawal
- $25 if a transfer fails or a check bounces
Any additional services may have extra fees.