$750 RETIREMENT BONUS

Open an Account

Get up to $750 when you Open an IRA and fund it from an old 401k or rollover another IRA

 

When you do, we’ll deposit up to $750

cash in your account, in the
following amounts:

  • $25,000 – $99,999 = $250
  • $100,000 – $249,999 = $500
  • $250,000 or more = $750

We also make it easy; we’ll do most of the paperwork. All you have to do is sign your name. 

Make a qualifying net deposit of your old 401(k) or IRA into a new or existing Shenouda IRA of $25,000 or more, and you can earn a cash bonus in your account.

How you can take part in Shenouda Cash Bonus :

  1. To enroll, call our Rollover Consultant at 650.242.9171 or stop by our office between now and December 31, 2013.
  2. Make a qualifying $25,000 net deposit into a new or existing Shenouda IRA.
  3. Get your cash bonus—up to $750— deposited into your Shenouda IRA within one week of confirmation of the total qualifying net deposit, which occurs as of the 45th day after enrollment.

The net deposit amount, minus any market losses, must be held in the account for at least one year or the value of the cash portion of the award may be subject to a chargeback.

Roll over into a Shenouda IRA and get:

  • No account service fees. Open and maintain a Shenouda IRA  with no inactivity fees (management fees apply)
  • Personalized investment support. Once your account is open, you can receive a complimentary consultation with a Shenouda investment professional who can help you tailor your IRA to your personal goals.
  • A variety of investment choices. Professional Investment Management.
  • Specialized service. Your Rollover Consultant will assist you with paperwork and transfers.

 

Please take into consideration, when making the decision to roll over a 401(k) account to an IRA, that investment choices and retirement payment options between the accounts will differ. There are costs associated with trading certain securities in a Shenouda IRA and other costs and expenses that may differ. Rolling over funds to a Shenouda IRA does not guarantee that securities held within the Shenouda IRA will outperform securities held within the 401(k) account or experience lesser loss during periods of market volatility. Please seek the advice of a tax professional prior to making the decision to roll over your 401(k) to an IRA.

Shenouda’s Cash Bonus Terms and Conditions

This offer is valid from January 1, 2016, through December 31, 2016, for individuals who make a qualifying net deposit into a retail investment account. Net deposits must be completed within 45 days of enrollment in the offer (“Enrollment”). Net deposits are assets deposited into the enrolled account on or after Enrollment and on or before the 45th day after Enrollment, minus any assets withdrawn from the account and transferred out of Shenouda during the same time period. The net deposit calculation for the cash bonus will be calculated as of the 45th day after Enrollment, and the cash bonus will be credited to your account within one week of confirmation of your total qualifying net deposit. Only outside assets new qualify. Transfers between Shenouda brokerage accounts or from Shenouda affiliates, for example, do not qualify. The cash bonus (“Bonus Award”) will be applied only to the enrolled account for which the net deposit was calculated. You must maintain the net deposit amount (less market losses, if any) in your taxable brokerage account at Shenouda for at least one year or Shenouda may charge back the value of the cash bonus.

This offer is limited to one per account, with a maximum of two taxable brokerage and two IRA accounts enrolled per client. This offer is valid only for nonprofessional retail brokerage accounts and does not apply certain tax-qualified retirement plans and accounts, or education savings accounts. The value of the cash bonus, when combined with the value received from any other Shenouda offers in the last 12 months, may not exceed $5,000 per household. This offer is not transferable, saleable, or valid in conjunction with certain other Shenouda offers. This offer is available to U.S. residents only. If you are an employee or contractor, or spouse of an employee or contractor, of Shenouda or a Shenouda affiliate; or are an employee of the Financial Industry Regulatory Authority (FINRA) or any U.S. stock, option, or commodity exchange, you are not eligible. Shenouda may modify or withdraw this offer at any time without notice. Other restrictions may apply.

You should consult with your tax or legal advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of the Bonus Award prior to enrolling in the offer or accepting the Bonus Award. Any taxes related to the offer are your responsibility.

Roth or traditional:

What’s the difference? With a Roth you pay taxes on your contributions now and withdraw the money tax-free in retirement, as opposed to a traditional IRA, which puts off taxation until you withdraw the money in retirement.

Open an Account
 

Starting Out: Begin Funding for Your Financial Security

Asset Allocation: A Sound Investment Strategy

 

.A secure, comfortable retirement is every person's dream, especially since we are now living longer, healthier lives.

Get the advantages of retirement savings accounts with simplified plan management and specialized customer service.

Investing is just one of the many complex cash management functions most treasury professionals must perform on a daily basis