Quick answers to your most immediate questions

Yes, if you are eligible to fund an IRA, then you may make contributions to your Millennium Trust IRA up to the IRS's annual contribution limit. You may also transfer funds from another IRA or an employer sponsored plan.

You can update your credit card information by going online at https://map.mtrustcompany.com/paymentform and following the instructions to complete the online Payment of Fees Authorization form.

To designate a third party on your account, you would need to complete our third party authorization form. Please note that this form needs to be signed by both the third party and the account owner.

In order to update the beneficiary information you have listed for your account, you will need to complete our Beneficiary Designation form. Review your designations periodically and revise them to reflect changing circumstances, major life changes or updated goals.

A beneficiary can be any person or entity you, as the owner, choose to receive the benefits of a retirement account or an IRA after you die. Beneficiaries of a retirement account or traditional IRA must include in their gross income any taxable distributions they receive.

In order to convert your Traditional IRA at Millennium to a Roth IRA, you would need to complete our Roth Conversion form. If you change your mind about your Roth IRA conversion, you have until the tax return due date, plus extension to undo the conversion. This is called a Recharacterization.