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Minimum Balance Requirements

MYRA requires a $100 initial deposit to open an INVEST account (incl. Standard: Individual Brokerage, Joint Brokerage, Trust and Retirement: Traditional IRA, SEP IRA), except Roth IRA accounts. Roth IRAs do not require an initial deposit. 

MYRA does not require an ongoing minimum balance to maintain an INVEST account.

Note: There is a $25 (minimum) monthly fee for all INVEST accounts. For INVEST accounts with less than $25 on the last business day of the month, the fee will be the total balance in the account on the last business day of the month.