PERAPlus 401(k) Plan

Frequently Asked Questions

How do I use the Self-Directed Brokerage Account?

You must transfer $1,000 or more to open a Self-Directed Brokerage Account with TD Ameritrade and must keep at least $500 invested in the PERAdvantage funds. Money in the PERAdvantage funds will be used to pay the annual $50 self-directed brokerage fee. You will also be subject to additional transaction and management fees for your activities and investments in the brokerage account. The Plan administration asset-based fee for the Self-Directed Brokerage Account has been reduced to 0 percent because PERA receives revenue sharing from TD Ameritrade.

Self-Directed Brokerage Account Application Form