IBC trust fees are low and fixed, particularly for large account holders.

• Account opening fee $50.00
• Maintenance and fees - Billed quarterly (1st day of each quarter)
• 0.3% of total asset market value (minimum $200, maximum $1,800)
• No additional charge for pre-setup automatic payment and rental deposits
• Service Including (No Charge)
• Deposit investment income checks
• Setup ACH to transfer fund for routine investment income (ex. rental) into custodian IRA account.
• Setup ACH/AFT for mortgage and/or escrow property tax/insurance expense payments.
• Setup ACH with utility companies and village water service for routine expense payment.
• Review and approve on demand expense request with customer's Authorized Payment Letter & support documents.
• Property tax payment.
• Home owner association due.
• Renovation and repair expenses.
• Prepare Trust check and associate ACH transactions for approved on demand expense request.
• Internet access of Trust account balance and statements.
• Required Minimum Distributions by check.
• Safekeeping of documents.
• Quarterly trust statement.
• Annual 5498 filing of roll over and/or contribution.
• Annual valuation report of all accounts under trust.
• Loan or Mortgage Servicing Set-up fee $100 (if apply)
• Buy, sell or exchange real estate, LLC, LP fee $250
• Form 990-T draft fee $120

Bank fees

Normal bank service charge such as wiring, returned checks, stop payments, etc. will be applied to custodian account.