Investment Products • Not FDIC Insured • No Bank Guarantee • May Lose ValueCheck the background of Morgan Stanley Smith Barney LLC on FINRA's BrokerCheckand see
the Morgan Stanley Smith Barney LLC RelationshipSummary.PLEASE READ THE IMPORTANT DISCLOSURES BELOW.
Banking products and services are provided by Morgan Stanley Private Bank, National Association, Member FDIC.
IMPORTANT NOTE: Options and futures transactions are complex and involve a high degree of risk, are intended for sophisticated investors and are not suitable for all investors. For more information, please read the Characteristics and Risks of Standardized Options and Risk Disclosure Statement for Futures and Options before you begin trading options. Supporting documentation for any claims made regarding options will be supplied upon request.
Select the following link to view E*TRADE Futures LLC FUTURES DISCLOSURE DOCUMENTS AND OTHER FINANCIAL INFORMATION.
The fund's prospectus contains its investment objectives, risks, charges, expenses and other important information and should be read and considered carefully before investing. For a current prospectus, visit www.etrade.com/mutualfunds or visit the Exchange-Traded Funds Center at www.etrade.com/etf.
Investing in securities involves risk, including possible loss of principal. Past performance is not an indication of future results. Supporting documentation for any claims will be provided upon request.
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 plan 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, view the FINRA Website.
Neither E*TRADE from Morgan Stanley or Morgan Stanley Private Bank will charge you a fee for withdrawing funds from any institution's ATM, but the owner/operator of the ATM may charge a fee. You may be eligible for a refund.
For brokerage accounts, pleasevisit www.etrade.com/atmrefundpolicyfor additional information and important details about how the ATM fee refund will beapplied.
For bank accounts, please visitetrade.com/rateandfeeforadditional information and important details about eligibility and how the ATM fee refund will beapplied.
All withdrawals from Individual Retirement Accounts will be considered distributions and reportable on IRS Form 1099-R. You must include all amounts you receive from the IRA in your gross income except amounts attributed to nondeductible contributions and amounts rolled back into an IRA or qualified plan.Federal and state income tax will not be withheld from payments from your E*TRADE Complete IRA using the checking, online bill pay or ATM/debit card features of the account, and it is your responsibility to make estimated tax payments if necessary. Withdrawals processed from your E*TRADE Complete IRA using the checking feature will be tax reported on IRS Form 1099-R for the year in which the funds are debited from your IRA after the check is cashed by the payee (even if the check was sent to the payee in the prior tax year). You expressly assume the responsibility for any adverse consequences that may arise from an IRA withdrawal and agree that Morgan Stanley Smith Barney LLC shall in no way be held responsible. Morgan Stanley Smith Barney LLC and its affiliates do not provide tax advice, and you always should consult your own tax advisor regarding your personal circ*mstances before taking any action that may have tax consequences.
E*TRADE from Morgan Stanley ("E*TRADE") charges $0 commissions for online US-listed stock, ETF, mutual fund, and options trades. Exclusions may apply and E*TRADE reserves the right to charge variable commission rates. The standard options contract fee is $0.65 per contract (or $0.50 per contract for customers who execute at least 30 stock, ETF, and options trades per quarter). The retail online $0 commission does not apply to Over-the-Counter (OTC) securities transactions, foreign stock transactions, large block transactions requiring special handling, futures, or fixed income investments. Service charges apply for trades placed through a broker ($25). Stock plan account transactions are subject to a separate commission schedule. All fees and expenses as described in a fund's prospectus still apply. Additional regulatory and exchange fees may apply. For more information about pricing, visit etrade.com/pricing.
You can invest in mutual funds without paying sales loads, transaction fees, or commissions. Underlying mutual fund fees and expenses apply as described in each fund prospectus. We receive revenue sharing, administrative service fees and other types of payments from most funds and/or their affiliates. For more information, please review our mutual fund page in our Disclosure Library and Relationship Summary. Please read the prospectus carefully before investing.
Pricing applies to online secondary market trades. Includes Agency bonds, Corporate bonds, Municipal bonds, Brokered CDs, Pass-thrus, CMOs, and Asset Backed Securities. Other fees and commissions may apply to other fixed income trades. Click here for full details.
A distribution from a Roth IRA is federal income tax free and penalty tax free provided the distribution occurs (a) after the five-tax-year holding period, and (b) on or after age 59 1/2, on account of the death or qualifying disability of the Roth IRA owner, or for a qualified first-time homebuyer purchase. The five-tax-year holding period begins with the first tax year for which you made a contribution (or in which you made a rollover or conversion contribution) to any Roth IRA established for you as owner (not as beneficiary of a deceased individual).
Securities products and investment advisory services offered by Morgan Stanley Smith Barney LLC, Member SIPC and a Registered Investment Adviser. Commodity futures and options on futures products and services offered by E*TRADE Futures LLC, Member NFA Stock plan administration solutions and services offered by E*TRADE Financial Corporate Services, Inc., and are a part of Morgan Stanley at Work. Banking products and services provided by Morgan Stanley Private Bank, National Association, Member FDIC. All entities are separate but affiliated subsidiaries of Morgan Stanley. E*TRADE from Morgan Stanley and Morgan Stanley at Work are registered trademarks of Morgan Stanley. System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. Statement of Financial Condition | About Asset Protection | Account Agreements and Disclosures | Quarterly 606 Report | Business Resiliency Plan ©currentYear E*TRADE from Morgan Stanley. All rights reserved. E*TRADE Copyright Policy
