Millennium Trust Support | Schwab - Millennium Trust Company

Millennium Trust Support

How can we help you?

We're here to help with any concerns that you may have.

Most Popular Questions

  • How will the CARES Act affect my IRA?

    The CARES Act waives RMDs for 2020, allows for $100,000 withdrawals penalty-free and extends the IRA contribution deadline to July 15, 2020.

    Learn more with our CARES Act FAQs.

  • How did Millennium Trust prepare for COVID-19?

    View our Novel Coronavirus (COVID-19) Preparedness Statement for frequently asked questions (FAQs) about actions we are taking and plans we have in place during the COVID-19 outbreak.

  • What do you do as custodian?

    At its most basic, we hold assets in an account on behalf of the owner. The account owner (or their authorized agent) is responsible for directing all investment/account activity. At their direction, we purchase/sell assets, as well as transfer or distribute assets from the account. As part of our role as custodian we also provide required account statements and tax reporting. For additional information, please refer to the Retirement Income Trust Association (RITA) document, Understanding the Role of a Directed IRA Custodian.

  • What is a self-directed IRA?

    A self-directed IRA is just like other Individual Retirement Accounts in that it provides a way for individuals to save for retirement in a tax-deferred account. The term "self-directed" became popular because the account owner has the freedom to invest in a wide range of investment options, including both alternative and traditional assets.

  • What is an alternative investment?

    An alternative investment is any asset that is not publicly traded. Examples of alternative investments include: hedge funds, private equity or debt, real estate and precious metals, among others.

What people are saying about us

We continually strive to deliver a superior experience for all. We invite you to read our clients' most recent ratings and reviews gathered directly from Trustpilot.

 

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Where we are

 

Millennium Trust is located 18 miles west of downtown Chicago at 2001 Spring Road, Oak Brook, IL. The reception to our offices is located on the 7th Floor. The facility includes 24-hour security features, including surveillance cameras.

Corporate Headquarters & Mailing Address:

Millennium Trust Company
2001 Spring Road, Suite 700
Oak Brook, IL 60523
800.258.7878