Our Retirement Plan Manager (RPM) Account is a unique brokerage account designed to simplify the operation of qualified retirement programs for small- to mid-sized businesses. The RPM Account can act as the main control account for your retirement plan by recording all assets in one place, receiving and tracking plan contributions and tracking plan earnings, loans and distributions on either a plan or participant level. In addition, the RPM Account may be used in conjunction with a company's own retirement plan document to purchase and sell securities on a cash basis.
Key features
- Investment flexibility within a special brokerage account that may invest in publicly traded securities, Unit Trusts, Certificates of Deposit and Mutual Funds.
- Comprehensive account statements that can track purchases and sales arising from contributions, investment performance, distributions and loan activity.
- Ability to establish distinct subaccounts to track individual participant investments.
- Automatic daily sweep of uninvested cash balances into our Bank Deposit Program.
- Convenient year-to-date summary statements designed to facilitate the completion of IRS Form 5500
Our retirement planning services are not financial planning (unless they are specifically called financial planning). They do not create an investment advisory relationship between you and Morgan Stanley Smith Barney. Morgan Stanley Smith Barney can prepare a financial plan at your request.
Tax laws are complex and subject to change. Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Smith Barney Financial Advisors do not provide tax or legal advice and are not “fiduciaries” (under ERISA, the Internal Revenue Code or otherwise) with respect to the services or activities described herein except as otherwise agreed to in writing by Morgan Stanley Smith Barney. This material was not intended or written to be used for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Individuals are urged to consult their tax or legal advisors before establishing a retirement plan and to understand the tax, ERISA and related consequences of any investments made under such plan.
