Commissions & Fees Schedule
Equities
| Online* | Equity trades – $19.95 Clients with TIAA-CREF brokerage assets over $500,000 – $15.95 |
||
|---|---|---|---|
| Automated Telephone System (ATS) | $35 | ||
| Client Service Assistance 800 927-3059 |
$55 | ||
| Foreign securities | $75 for each order (not applicable to American Depositary Receipts) + commission | ||
Equity Notes:
- Fees shown reflect stock prices greater than $1 per share. Orders to buy shares priced under $1 will not be accepted.
- Orders to sell shares priced under $1 are handled via Client Service Assistance at $19.95 per transaction.
- The lower fee is based on a household asset balance of $500,000 held in Brokerage Services. Contact a TIAA-CREF Brokerage Consultant regarding householding eligibility.
Bonds & CDs
| Bonds and CDs are available via Client Service Assistance. Please call 800 927-3059 for more information. | |
U.S. Treasury Securities |
|
| New issues (at auction) | $50 per transaction |
|---|---|
| Existing issues | $1 per $1,000 face amount, $50 minimum |
| Municipal bonds, government agency bonds, unlisted (over-the-counter, or OTC) corporate bonds and mortgage-backed securities | $50 + $2 per bond |
Certificates of Deposit |
|
| New issues | Purchase minimums of $5,000, no commission (interest rate reflects issuing bank's fee) |
| Sale before maturity | $35 per transaction (actual value may be less than par due to early redemption) |
Options
| Online | Automated Telephone System (ATS): 800 842-2252 | Client Service Assistance: 800 927-3059 |
| $19.95 + $2.00 per contract | $35 + $2.00 per contract | $55 + $2.50 per contract |
Mutual Funds
| No-transaction-fee (NTF) funds |
|
|---|---|
| Transaction-fee (TF) funds |
|
Account Maintenance Fees
| Annual account maintenance fee |
TIAA-CREF Brokerage Account - $30, waived for IRA, CSA Silver, Gold and Platinum accounts TIAA-CREF Self-Directed Brokerage Account within an Employer Sponsored Retirement Plan $40 |
|---|---|
| Foreign Security Receive and Deliver Fee | $75 |
| Safekeeping fee for Physical Securities | $2 per account, per position, per month |
| Wired funds fee | $25 |
| Overnight check delivery fee | $12 |
| NSF/Return check deposit fee | $25 |
| Duplicate statements or confirms | $2.50 per copy or $30 for full year |
| Margin extensions | $15 |
| Transfers - GNMA, Restricted, Legal | $65 per transfer |
| Transfers - register & ship | $80 per transfer |
| Transfers - outgoing account | $50 per transfer |
| Transfers - accommodation | $80 per transfer |
| Reorganizations - voluntary | $25 |
| Post effective requests - voluntary | $75 |
| Account research | $20 per hour |
| Stop payment order fee | $15 |
Cash Solutions Account (CSA)
| Annual account fee |
Silver: $25 *Silver Tier annual fee is waived for accounts that have $25,000 or more in average month-end closing cash sweep balances. |
|---|---|
| Returned check or Automated Clearing House (ACH) transaction (for any reason) | $25 |
| Stop payment order fee | $25 (free for Platinum Tier) |
| Lost or stolen checkbook | $25 |
| Checkbook reorder (CSA) | Silver: $15; Gold: $10; Platinum: Free |
| Copy of canceled checks | $2.50 per copy |
| ATM Out-of-Network Reimbursement | Silver: N/A Gold: Up to $5/month Platinum: Up to $10/month Note: No charge for access at over 6,500 PNC ATMs and 43,000 Allpoint Network (Gold: up to $1500 daily; Platinum: up to $3000 daily); other banks may charge a fee for out-of-network transactions. ATM card is not available with a Silver account. |
TIAA-CREF Brokerage Services, a division of TIAA-CREF Individual & Institutional Services, LLC, members FINRA and SIPC, reserves the right to change this commission and fee schedule without prior notice.
