Let's Connect You With Your Account
Investing should be easy. That’s why Capital One and Millennium Trust have ensured your individual retirement account (IRA) information is ready for you to verify through our secure Log In process. You will be able to view your balance, make an investment or transfer your money on the platform.
If you are new to the platform, you can register by selecting “New User” and provide the information requested.Log In
Why Millennium Trust?
IT’S QUICK & SIMPLE
You can register and invest in minutes and avoid having to fill out extra paperwork for other financial institutions that can sometimes take weeks.
JOIN MILLIONS OF SAVERS
Join over 2.6M investors saving for retirement at Millennium. We’ve been in business for 20 years & have $44.1B assets under custody.
INVEST WITH EASE
You’ll have access to a wide array of traditional investment options, and our Simple Select tool makes it easy to pick what’s right for you in just a few clicks.
GET SUPPORT YOUR WAY
Whether you prefer an automated phone assistant, chat, or speaking with our experienced U.S.-based client service team we’re here to support you every step of the way.
Your Investments, Under Your Control.
The MTC Investment Platform makes it easy to manage your IRA while accessing a wide array of investment choices, including treasury bills, bonds, stocks, ETFs, mutual funds and more.
Need help getting started? Simple Select at Millennium Trust makes it easy to narrow your search, make informed decisions, and allocate your funds across different asset classes and investing styles. This quick-and-easy tool can help you select your next investment from a list of funds curated by the experts at Morningstar - all with no transaction fees.Explore Simple Select
Why is my account being transferred to Millennium Trust?
Capital One Financial is resigning as custodian of your individual retirement account and has made arrangements for Millennium Trust to serve as the successor custodian of your account as of the date provided in the resignation letter you received from Capital One Financial.
How will my account balance be invested?
Upon transfer of your IRA to Millennium Trust, the funds in your IRA will initially be invested in one or more FDIC-insured, interest-bearing, demand accounts at banks not affiliated with Millennium, which we refer to as the Cash Sweep Program. For more information on the Cash Sweep Program, review the article titled “Cash Sweep Program, Uninvested Funds, Compensation” in the custodial agreement.
What happens if I had multiple accounts with Capital One of the same account type?
If you have multiple accounts transferring from Capital One that are the same account type (for example two traditional IRAs), they will be consolidated into one account. Even if your accounts have been transferred at different times, all funds will be added to the account that was first opened.
Will I need to sign up as a new user if I currently have a Millennium Trust account or had one in the past?
If you are an existing or former client with credentials on the MTC Investment Platform, your transition will be simple. If you choose to keep your Capital One IRA with us, you won’t need to pre-register on our platform. You can simply use your existing credentials, and your Capital One IRA will appear when you log in. If, however, you are an existing or former client on our old platform—or not on any platform—you will need to get set up and log in as a “New User.” When the account is funded, you can continue to explore investment options by using customizable watch lists, market data from Morningstar and manage statements, tax forms, transactions and holding reports.
Will my recurring contributions/distributions continue?
Any recurring transactions that you have set up with Capital One will not transfer over to Millennium Trust.
To continue recurring distributions you are receiving from your IRA, including those set up with respect to Required Minimum Distributions (RMDs), please download and submit the IRA Distribution Request to Millennium Trust. Be sure to select “Systematic Payments” in section C and complete Section D in its entirety to set up the recurring distribution payments.
To continue recurring contributions to your IRA, please download and submit the ACH Election for Monthly Contributions to Millennium Trust.
Will my beneficiaries transfer over?
Any beneficiaries you have designated on your account with Capital One will not transfer over to Millennium Trust.
You can designate your beneficiaries online in the MTC Investment Platform. Once you have logged in, go to the upper right menu called “Profile”, select “Beneficiaries” then click “Next” to begin.
I was invested in a CD (Certificate of Deposit) at Capital One. What are your current CD rates as I am not interested in any other investment?
Millennium Trust strives to provide you access to products and services to help you meet your investment goals. At this time, we do not offer access to a CD product. We are working to find a solution for this, and will keep you informed.
Will I receive a final statement from Capital One?
Yes, you will receive a final account statement from Capital One reflecting activity in your IRA for the portion of 2022 that your IRA was held there.
Custodial Agreements and
Please download and carefully review a copy of the custodial agreement and important disclosures applicable to your account type that will take effect when your account transfers to Millennium Trust. We encourage you to either save an electronic copy or print them out for your records. You can obtain a free paper copy of the custodial agreement and related disclosures by contacting us if needed.Traditional IRARoth IRAFee Schedule
*Morningstar Research Services LLC, is registered with and governed by the U.S. Securities and Exchange Commission and is a subsidiary of Morningstar, Inc. The select list provided by Morningstar Research Services is derived from the universe of investments available when you use Millennium Trust’s services. The universe does not include all investments available in the marketplace. Both the universe of investments available through Millennium Trust and the select list of investments selected by Morningstar Research Services LLC are subject to change without notice. Particular investments in the select list may not be appropriate investments for every individual, and there may be other investment options that are more suitable. Morningstar Research Services may have more favorable opinions of certain investments which are not included in the universe available through Millennium Trust. Morningstar Research Services’ selections were based on qualitative factors and quantitative analysis in addition to the judgment of analysts. Morningstar Research Services is not acting in the capacity of adviser to investors. The Morningstar name and logo are registered marks of Morningstar, Inc. Neither Millennium Trust nor Morningstar Research Services acts as an adviser to those invested in the select list. Millennium Trust and Morningstar Research Services are not affiliated with each other.