Special offer for our valued clients

This offer applies to clients with an eligible E*TRADE from Morgan Stanley retirement account(s) (“E*TRADE retirement account(s)”).  Eligible E*TRADE retirement account(s) include only the following E*TRADE retirement account types: Traditional Individual Retirement Account (“IRA”), Roth IRA, Rollover IRA, Inherited IRA (including Traditional or Roth), Roth Individual 401(k), Traditional Individual 401(k), SEP IRA, and SIMPLE IRA.

Cash credits will be granted based on deposits of new funds or securities from external accounts made within 60 calendar days of enrollment, as measured and calculated on the 60th day from when the account was enrolled in the offer, if all terms and conditions are met, in consideration for such deposit(s) and for compliance with the terms of this offer.

Deposits made in eligible-linked E*TRADE retirement accounts during the 60-day period will be aggregated for purposes of the reward and the credits will be paid pro-rata to all eligible E*TRADE retirement accounts where deposits were made during the 60-day period. An “eligible-linked E*TRADE retirement account” refers to more than one (1) eligible E*TRADE retirement account (Traditional IRA, Roth IRA, Rollover IRA, Inherited IRA (including Traditional or Roth), Roth Individual 401(k), Traditional Individual 401(k), SEP IRA, and SIMPLE IRA accounts) that are all linked to one and the same E*TRADE retirement account holder based on their Social Security Number.

Subject to satisfying the offer’s terms and conditions, cash credits will then be paid (i) if you deposit under $20,000,000, then within seven (7) business days following the expiration of that 60-day period; or (ii) if you deposit $20,000,000 or more, then within seven (7) business days of your date of deposit. Any cash credits will be paid to the same new E*TRADE retirement account where the deposit was made, for the benefit of that E*TRADE retirement account.

OFFER RULES FOR ALL PARTICIPANTS

This offer applies only to the above listed eligible E*TRADE from Morgan Stanley retirement account types (including with respect to eligible-linked E*TRADE retirement accounts).

For the E*TRADE retirement account to receive any cash credit, the qualifying new funds or securities must (i) be deposited or transferred to the E*TRADE retirement account within 60 calendar days of enrollment in this offer, and will be measured and calculated on that 60th day from offer enrollment (ii) be from accounts outside of E*TRADE; and (iii) remain in the E*TRADE retirement account (at the same value as at the time of deposit, at a minimum, plus or minus any market related fluctuations) for a minimum of twelve (12) months running from the last day of that 60-day funding period, otherwise your cash credit(s) will be surrendered and the E*TRADE retirement account will be deemed ineligible for this promotional offer (and E*TRADE reserves the right, at its sole discretion, to debit the E*TRADE retirement account for the cash amount of the credit). For purposes of the value of a deposit, any securities transferred will be valued as of the closing price of that security on the business day the deposit is received as reflected in the transaction history. For the avoidance of doubt, removing, withdrawing or transferring any deposit or account asset (including securities or cash) from the E*TRADE retirement account during that 60-day funding period may result in a lower reward credit amount or loss of the reward completely.

Any assets transferred to the E*TRADE retirement account from an existing Morgan Stanley retirement or nonretirement account(s) will be excluded from the reward amount calculations, at E*TRADE’s sole discretion.

OFFER LIMITATIONS

This offer is only valid for E*TRADE retirement accounts (including eligible-linked E*TRADE retirement accounts), if eligible based on the above qualifying account types, terms and conditions, and only if such E*TRADE retirement account is funded within 60 calendar days with a qualifying deposit.

This offer is not available to any account types other than the eligible E*TRADE retirement account types listed above (including with respect to eligible-linked E*TRADE retirement accounts). For the avoidance of doubt, the following account types will be excluded from this offer, without limitation: any business (incorporated or unincorporated) accounts, retirement accounts (including IRAs) not explicitly designated under “Offer Details” above as eligible (including, without limitation, any money purchase plans, profit sharing plans, or investment only non-custodial retirement plan accounts), advisory accounts, E*TRADE Futures accounts, Morgan Stanley AAA brokerage accounts, Morgan Stanley Private Bank, National Association accounts (“Excluded Accounts”). E*TRADE from Morgan Stanley reserves its right at all times to modify any and all eligibility terms or conditions, including to designate any account type as ineligible for this promotion at any time (including any retirement account type listed as eligible for this promotion). This offer excludes non-U.S. residents, and residents of any jurisdiction where this offer is not valid. You must be the original recipient of this offer to enroll Client accounts may only be enrolled in one offer at any given time (such that participation in this offer means that the relevant E*TRADE retirement account will not be eligible for any other offer, under this promotion or any other, until the cash-credit for the current offer has been paid out. This offer cannot be combined with any other offers. Any eligibility or participation in this offer will not in any way, and shall not be construed to, indicate, guarantee, promise or imply eligibility or participation in any other offer or promotion, currently or in the future, including any similar or subsequent retirement offers or promotions.

E*TRADE from Morgan Stanley reserves the right to change, suspend, void, amend, modify, cancel, or terminate this offer (including any terms or conditions) at any time, in part or in whole, in its sole discretion, and further reserves the right to refuse eligibility or participation to any account or accountholder, for any reason or no reason at all, at any time, as it may deem appropriate in its sole discretion.

By participating in this offer, you acknowledge and agree that (a) this offer and any participation is subject to all the terms and conditions set forth herein; (b) E*TRADE will characterize any cash credit for which you may be eligible as interest or other earnings paid to the E*TRADE retirement account for E*TRADE’s information tax reporting purposes; (c) E*TRADE has made no representation to you regarding, and in no way promises nor guarantees, any particular tax treatment of any cash credit under this offer; (d) you are solely responsible for any tax consequences associated with any cash credit under this offer; (e) E*TRADE has advised you to seek advice from your own tax and/or legal advisors; and (f) you agree that E*TRADE does not provide any tax or legal advice and you have consulted with a tax and/or legal advisor as you deem advisable. 

Except as explicitly set forth in this offer, all other aspects of the E*TRADE retirement account relationship shall be governed by the account agreements and disclosures applicable to the account, including (but not limited to) the applicable Morgan Stanley IRA Agreement and the E*TRADE from Morgan Stanley Client Agreement for Self-Directed Accounts (collectively, the “Account Agreements”), as amended from time to time, which are incorporated by reference and made a part hereof.  By participating in this offer, you acknowledge and agree that the Account Agreements contain a pre-dispute arbitration clause that shall apply to any dispute under this offer.

This offer neither is, nor should be construed as a recommendation or solicitation to buy, sell, or hold any security, financial product or instrument or to open a particular account or engage in any specific investment strategy.

Morgan Stanley Smith Barney LLC does not provide tax or legal advice, and you should always consult your own tax and/or legal advisors regarding your personal circumstances before taking any action that may have tax consequences.

Consolidation is not right for everyone, so you should carefully consider your options.  Before deciding whether to retain assets in a retirement plan account through a former employer, roll them over to a qualified retirement plan account through a new employer (if one is available and rollovers are permitted), or roll them over to an IRA, an investor should consider all his or her options and the various factors including, but not limited to, the differences in investment options, fees and expenses, services, the exceptions to the early withdrawal penalties, protection from creditors and legal judgments, required minimum distributions, the tax treatment of employer stock (if held in the qualified retirement pan account), and the availability of plan loans (i.e., loans are not permitted from IRAs, and the availability of loans from a qualified retirement plan will depend on the terms of the plan).  For additional information, visit the FINRA Website.

If you have multiple IRAs at E*TRADE or at other financial institutions, the annual contribution limit applies to contributions made to all of your IRAs (traditional and Roth IRAs) combined which can impact your ability to make a contribution to an IRA for the current tax year.  Before making a contribution, check your other IRAs and refer to the Contribution Limits Table for more details.