Fillable Education Savings Account (ESA) Application (Charles Schwab)

Fill Online, Printable, Fillable, Blank Education Savings Account (ESA) Application (Charles Schwab) Form

Use Fill to complete blank online CHARLES SCHWAB pdf forms for free. Once completed you can sign your fillable form or send for signing. All forms are printable and downloadable.

Education Savings Account (ESA) Application (Charles Schwab)

On average this form takes 47 minutes to complete

The Education Savings Account (ESA) Application (Charles Schwab) form is 6 pages long and contains:

  • 0 signatures
  • 77 check-boxes
  • 151 other fields

Country of origin: US
File type: PDF

Use our library of forms to quickly fill and sign your Charles Schwab forms online.

BROWSE CHARLES SCHWAB FORMS

Related forms
Fill has a huge library of thousands of forms all set up to be filled in easily and signed.
Fill in your chosen form
Sign the form using our drawing tool
Send to someone else to fill in and sign.
find another form
 
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
CC3994119 (0620-0A9Z) APP20272-23 (06/20)
*
APP20272-23
=01*
Page 1 of 6
www.schwab.com | 1-800-435-4000 (inside the U.S.) | +1-415-667-5009 (outside the U.S.) | 1-888-686-6916 (multilingual services)
For important disclosures about our relationship with you and the services we can provide, please visit schwab.com/transparency.
Complete, sign, date and return the application to Schwab.
1. Account Information
Complete all sections below. We respect your privacy. Charles Schwab & Co., Inc. (“Schwab”) will use the information you provide to open and service your
account, communicate with you, and provide information about products and services. Read about Schwab’s privacy policy at schwab.com/privacy. As
required by federal law, Schwab will use the information provided below to verify your identity.
Designated Beneficiary/Minor Information (Account Holder)
Name (First) (Middle) (Last)
Home/Legal Street Address (no P.O. boxes) City State Zip Code
Mailing Address (if different from above; P.O. boxes may be used) City State Zip Code
Home Telephone Number
( )
Business Telephone Number
( )
Cellular Telephone Number
( )
Social Security/Tax ID Number Date of Birth (mm/dd/yyyy)
Mother’s Maiden Name Is designated beneciary known by any other name? Specify:
ID Number
_____________________________________
Driver’s License State Passport
State/Country of Issuance Expiration Date (mm/dd/yyyy)
Country(ies) of Citizenship (Must list all.)
USA Other: _______________________________________ Other: _______________________________________
Country of Legal Residence
USA Other: _______________________________________
Securities industry regulations require that we collect the following information:
Employment Status (Select only one.)
Employed Self-Employed Retired Homemaker Student Not Employed
Employer Name/Business Name
Occupation (If you selected “Employed” or “Self-Employed,” select one option that best describes your occupation.)
Business Owner/Self-Employed Financial Services/Banking Professional Military Consultant
Executive/Senior Management Information Technology Professional Educator Other (specify): _________________________________
Medical Professional Other Professional Clerical/Administrative Services
Legal Professional U.S. Government Employee (Federal/State/Local) Trade/Service (Labor/Manufacturing/Production)
Accounting Professional Foreign Government Employee (Non-U.S.) Sales/Marketing
Business Street Address
City State Zip Code
FOR CHARLES SCHWAB USE ONLY:
Branch Ofce and
Account Number
Education Savings Account (ESA)
Application
CC
*
APP20272-23
=02*
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
CC3994119 (0620-0A9Z) APP20272-23 (06/20)
Page 2 of 6
Are you afliated with or employed by a stock exchange or member rm of an exchange or FINRA, or a municipal securities broker-dealer?
No Yes (If “yes,” you must attach a letter from your employer approving the establishment of your account when submitting this application.)
Are you a director, 10% shareholder or policy-making ofcer of a publicly held company?
No Yes (If “yes,” enter company name __________________________________________________________ and trading symbol ______________________.)
Marital Status
Single Married Divorced
Number of Dependents
Annual income: Liquid net worth:
Under $15,000 Under $25,000
$15,000–$24,999 $25,000–$49,999
$25,000–$49,999 $50,000–$99,999
$50,000–$99,999 $100,000–$249,999
$100,000 or more $250,000 or more
Specify: _________________
Responsible Individual/Depositor Information (Only one Responsible Individual may be named.)
Name (First) (Middle) (Last)
Home/Legal Street Address (no P.O. boxes) City State Zip Code
Mailing Address (if different from above; P.O. boxes may be used) City State Zip Code
Home Telephone Number
( )
Business Telephone Number
( )
Cellular Telephone Number
( )
Email Address* (Required to update the Designated Beneciary’s account on the web.) Social Security/Tax ID Number Date of Birth (mm/dd/yyyy)
Mother’s Maiden Name Are you known by any other name? Specify:
ID Number
_____________________________________ Driver’s License State Passport
State/Country of Issuance Expiration Date (mm/dd/yyyy)
Country(ies) of Citizenship (Must list all.)
USA Other: _______________________________________ Other: _______________________________________
Country of Legal Residence
USA Other: _______________________________________
Securities industry regulations require that we collect the following information:
Employment Status (Select only one.)
Employed Self-Employed Retired Homemaker Student Not Employed
Employer Name/Business Name
Occupation (If you selected “Employed” or “Self-Employed,” select one option that best describes your occupation.)
Business Owner/Self-Employed Financial Services/Banking Professional Military Consultant
Executive/Senior Management Information Technology Professional Educator Other (specify): _________________________________
Medical Professional Other Professional Clerical/Administrative Services
Legal Professional U.S. Government Employee (Federal/State/Local) Trade/Service (Labor/Manufacturing/Production)
Accounting Professional Foreign Government Employee (Non-U.S.) Sales/Marketing
Business Street Address
City State Zip Code
Are you afliated with or employed by a stock exchange or member rm of an exchange or FINRA, or a municipal securities broker-dealer?
No Yes (If “yes,” you must attach a letter from your employer approving the establishment of your account when submitting this application.)
Are you a director, 10% shareholder or policy-making ofcer of a publicly held company?
No Yes (If “yes,” enter company name __________________________________________________________ and trading symbol ______________________.)
Marital Status
Single Married Divorced
Number of Dependents
Investment Experience
None Limited Good Extensive
*
By providing your email address, you are consenting to receive email from Schwab. Information about opting out of certain email communications is
provided at schwab.com/privacy.
1. Account Information (Continued)
Designated Beneficiary/Minor Information (Account Holder) (Continued)
CC
*
APP20272-23
=03*
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
CC3994119 (0620-0A9Z) APP20272-23 (06/20)
Page 3 of 6
1. Account Information (Continued)
Trusted Contact Designation
A Trusted Contact Person (“Trusted Contact”)* is a resource Schwab, and your advisor (if you have one), may contact on your behalf, if necessary, to
attempt to address concerns regarding potential nancial exploitation, or in communicating with you regarding issues related to your account(s). A
Trusted Contact will not be able to view your account information, execute transactions in your account(s), or inquire about account activity, unless that
person has that authority through another role on the account(s), such as a trustee or power of attorney. Providing Schwab with Trusted Contact
information is voluntary. We encourage you to provide two Trusted Contacts in the event that one is not reachable in the future.
• Schwab suggests that your Trusted Contact(s) be someone other than your nancial consultant or investment advisor.
• You may name up to two Trusted Contacts.
• The person(s) you name as Trusted Contact(s) will be the Trusted Contact(s) on all of your Schwab accounts, as provided for in your account agreement.
• For multiple-party accounts, each party can name separate Trusted Contacts.
• The Trusted Contact(s) must be at least 18 years old.
Trusted Contact Information
Trusted Contact information provided on this form will replace all Trusted Contact information currently on le.
Person 1
If you have no changes to your existing Trusted Contact, please skip this section.
Name (Title, First) (Middle Name) (Last Name, Sufx)
Relationship (Please select only one.)
Spouse Partner Child Parent Sibling Friend Other
Please provide at least one method of contact for each Trusted Contact listed.
Mailing Address (No P.O. boxes) City
State or Province Country Postal or Zip Code
Home Phone
( )
Mobile Phone
( )
Email Address
Person 2
If you have no changes to your existing Trusted Contact, please skip this section.
Name (Title, First) (Middle Name) (Last Name, Sufx)
Relationship (Please select only one.)
Spouse Partner Child Parent Sibling Friend Other
Please provide at least one method of contact for each Trusted Contact listed.
Mailing Address (No P.O. boxes) City
State or Province Country Postal or Zip Code
Home Phone
( )
Mobile Phone
( )
Email Address
* If you provide a Trusted Contact Person(s) to Schwab, you understand that you have authorized Schwab and your advisor (if you have one) to contact
the Trusted Contact Person(s) at their discretion and to disclose information about your account to address possible activities that might indicate finan-
cial exploitation of you; to confirm the specifics of your current contact information, health status (including physical or mental capacity), or the identity
of any legal guardian, executor, trustee, or holder of a power of attorney on your account(s); or as otherwise permitted by FINRA rules or state law. For
more information, please see your Schwab Account Agreement, which is available at schwab.com/accountagreement.
CC
*
APP20272-23
=04*
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
CC3994119 (0620-0A9Z) APP20272-23 (06/20)
Page 4 of 6
2. Required Information About the Account
Overall Investment Objective of Account (Select one only.)
Capital Preservation Income Growth Speculation
Source of Funds (Select all that apply.)
In this section, we’re collecting information about the categories (“sources”) of assets that will be held in your account. Please select all of the sources
of the assets that will be deposited or held in your account, including the original sources of any assets that will be transferred into the account from
another rm.
Salary/Wages/Savings Investment Capital Gains
Social Security Benets Gifts
Sale of Property or Business Gambling/Lottery
Family/Relatives/Inheritance Other (specify): ______________________________________
3. Account Features
Your Consent to Enroll in Schwab’s Cash Features Program
The Cash Features Program is a service that offers the Bank Sweep feature (a “Cash Feature”) to permit your uninvested cash (the “Free Credit
Balance”) to earn income while you decide how those funds should be invested longer term.
You understand that additional information about the Cash Features Program and each Cash Feature is available in the Cash Features Disclosure Statement.
By signing this Application, you consent to having the Free Credit Balance in your brokerage account included in the Cash Features Program, as
described in the Cash Features Disclosure Statement.
The Bank Sweep feature is designated as the Cash Feature for brokerage accounts of account holders residing in the U.S. Through the Bank Sweep
feature, Schwab automatically makes deposits to and withdrawals from deposit accounts at one or more banks afliated with Schwab (“Sweep Banks”).
Your deposits at each Sweep Bank are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 (including principal and accrued
interest) when aggregated with all other deposits held by you in the same insurable capacity at that bank. Your funds may be placed in a Sweep Bank in
excess of the FDIC insurance limit. In certain limited circumstances, Schwab may place your funds in a sweep money market fund. Please see the Cash
Features Disclosure Statement for additional information.
You understand and agree that Schwab can (1) make changes to the terms and conditions of the Cash Features Program; (2) make changes to the terms
and conditions of any Cash Feature; (3) change, add, or discontinue any Cash Feature; (4) change your investment from one Cash Feature to another if
you become ineligible for your current Cash Feature or your current Cash Feature is discontinued; and (5) make any other changes to the
Cash Features Program or Cash Feature as allowed by law. Schwab will notify you in writing of changes to the terms of the Cash Features, changes
to the Cash Features we make available, or changes to the Cash Features Program prior to the effective date of the proposed change.
Paperless Document Enrollment
Here’s how paperless works: You will receive account statements, trade conrmations, shareholder materials, account agreements and related
disclosures, and other regulatory documents, if available in paperless form, by email. For certain documents, including account statements, you will
receive an email notication with a link to log on to our secure website to access your documents. For complete information, please see Important
Information About Your Informed Consent to Receive Paperless Documents in the Appendix to this application.
To opt for Paperless Documents, simply provide your email address in Section 1. The completion of your enrollment will depend on one of the following
scenarios.
Scenario 1:
If you already have an account enrolled in Paperless Documents using the email address provided in Section 1, have logged on to Schwab.com in the
past six months, and agree to the following, your paperless enrollment will be complete once your account is opened.
• I have read and understood the Important Information About Your Informed Consent to Receive Paperless Documents in the Appendix to this applica-
tion and consent to enrolling this account in Paperless Documents.
• I understand that I will receive an email with my new account agreement and related disclosures.
Or
Scenario 2:
If you do not have an existing account enrolled in Paperless Documents, are using a different email address, or have not logged on to Schwab.com in
the past six months, we will send you an email after the account is opened. To complete enrollment, you will need to click the “I Consent” button in that
email and/or follow the instructions to access Schwab.com. If you do not click the “I Consent” button, this account will not be enrolled in Paperless
Documents and we will send your account agreement and related disclosures, as well as future regulatory documents, by postal mail.
If you do not want to participate in Paperless Documents, please check the box below.
No, do not enroll my account in Paperless Documents. Please send my regulatory documents via postal mail.
CC
*
APP20272-23
=05*
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
CC3994119 (0620-0A9Z) APP20272-23 (06/20)
Page 5 of 6
4. Fund the Designated Beneficiary’s Account (Select only ONE of the following choices for your account.)
A. Check or Money Order. Make payable to Charles Schwab & Co., Inc.
New contribution. Indicate the year for which you are contributing on the front of the check. If no year is indicated, the contribution will be credited
for the current year.
Rollover from another Education Savings Account that you have withdrawn in the past 60 days.
B. Transfer of Account. Complete and attach a Schwab Transfer Your Account form.
5. Death Beneficiary Designation
The Minor Account Holder of this ESA may not designate his/her own beneciary until he/she reaches the age of majority (usually 18 or 21, depending
upon the state in which the Minor lives). Upon the Minor attaining the age of majority, the Responsible Individual may resign management of this
account, at which time the Minor may assume control of the ESA assets by lling out a Schwab Education Savings Account Application. The Minor may
designate his/her beneciary at that time.
In the event of the Minor Account Holder’s death, the interest in the account will become the property of the beneciary as designated below. I under-
stand that if no beneciary survives, or if the Responsible Individual cannot locate the beneciary, the Responsible Individual will distribute the benets
to the current Minor Account Holder’s estate as described in the Charles Schwab & Co., Inc. Education Savings Account Plan.
I understand that I may change or revoke this designation at any time by submitting it in writing to Schwab, as long as the original Minor Account Holder
is alive and under age 30 (other than a special needs beneciary). It will become effective when Schwab receives it.
I hereby designate the qualied individual* below as the Minor’s beneciary:
Name (First) (Middle) (Last) Social Security/Tax ID Number
Relationship to Minor Account Owner* Date of Birth (mm/dd/yyyy)
Home/Legal Street Address (no P.O. boxes) City State Zip Code
Country(ies) of Citizenship (Must list all.)
USA Other:_____________________________ Other: _____________________________
Country of Legal Residence
USA Other:______________________________
*Must be a qualied member of the current designated beneciary’s (account holder) family. A qualied family member is dened as the spouse of the
designated beneciary and any child, grandchild, stepchild, sibling, parent, grandparent, stepparent, niece or nephew, aunt or uncle, son-in-law,
daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law and the spouse of any such individual as well as the beneciary’s rst
cousins (but not their spouses).
6. Nominate a Successor Responsible Individual (Optional)
Use this section to designate a Successor Responsible Individual to act on this account in the event of your incapacity, death, resignation or removal as
Responsible Individual. This is a nomination only. To activate the role of a Successor Responsible Individual, the account registration must be changed.
I hereby nominate as Successor Responsible Individual/Depositor of the account:
This designation shall take effect as to this account in the event of my incapacity, death, resignation or removal as Responsible Individual.
IN WITNESS THEREOF, I have executed this Designation of Successor Responsible Individual form on (mm/dd/yyyy) .
The witness may NOT be the individual designated as the Successor Responsible Individual and must be at least 18 years of age.
Current Responsible Individual Signature and Date Required
X
Responsible Individual Signature Print Name Date
Witness Signature and Date Required
X
Witness Signature Print Name Date
Name of Successor Responsible Individual
CC
*
APP20272-23
=06*
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
CC3994119 (0620-0A9Z) APP20272-23 (06/20)
Page 6 of 6
7. Authorization to Open Account
By signing this Application, you hereby adopt the
Education Savings Account Plan that names
Charles Schwab & Co., Inc. as custodian of this
account, as further explained in the Charles
Schwab & Co., Inc. Education Savings Account
Plan.
You acknowledge that you have received and
read the attached Application Agreement, which
contains a predispute arbitration provision. You
acknowledge that your signature signies and
constitutes your agreement that this account
and your relationship with Schwab will be
governed by the Application Agreement and all
incorporated agreements and disclosures,
including, but not limited to, the applicable
Education Savings Account Plan, the Schwab
IRA and ESA Account Agreement and the Charles
Schwab Pricing Guide, each as amended from
time to time (the “Agreement and Disclosures”).
You understand there are fees associated with
establishing, maintaining, engaging in transac-
tions and transferring assets out of this
account.
This account is established and effective when
you receive your account number. You have the
right to cancel the account within seven days
from the date the account is established. The
revocation will be reported to the Internal
Revenue Service as a distribution.
I also acknowledge that the securities products
purchased or sold in a transaction with Schwab
(i) are not insured by the Federal Deposit
Insurance Corporation (“FDIC”); (ii) are not
deposits or other obligations of Schwab and are
not guaranteed by Schwab Bank; and (iii) are
subject to investment risks, including possible
loss of the principal invested.
For purposes of this Account Application and the
attached Application Agreement, the terms
“you,” “your” and “Account Holder” refer to each
person who signs this Account Application and
apply with respect to both a person’s individual
capacity as well as any applicable representa-
tive or duciary capacity. The terms “we,” “us,”
“our” and “Schwab” refer to Charles Schwab &
Co., Inc.
Signature and Date Required
X
Responsible Individual Signature
Print Name Date
FOR CHARLES SCHWAB USE ONLY:
Branch Ofce and Customer Source Code
Account Number ID Number
Approved By Print Name of Approver Date
I certify, under penalty of perjury, that (1) the number shown on this Application is the correct Taxpayer Identication Number; (2) I am not subject to
backup withholding due to a failure to report interest and dividend income; (3) I am a U.S. person (a U.S. citizen or U.S. resident alien); and (4) I am
exempt from Foreign Account Tax Compliance Act (FATCA) reporting. I understand that if I have been notied by the IRS that I am subject to backup
withholding as a result of dividend or interest underreporting and I have not received a notice from the IRS advising me that backup withholding is
terminated, I must cross out item 2 above.
The Internal Revenue Service does not require your consent to any
provision of this document other than the certications required to avoid
backup withholding.
The Agreement with Schwab includes a predispute arbitration clause.
You acknowledge receipt of the predispute arbitration clause contained
in Section 10, page 2, of the Application Agreement.
CC
This page is intentionally blank.
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC3994119 (0620-0A9Z) APP20272-23 (06/20)
Page 1 of 2Education Savings Account Application Agreement
This agreement relates to your account and is part of the Account Agreement between each account holder and Charles
Schwab & Co., Inc. (“Schwab”). Please read and retain for your records.
Section 1: Scope of Agreement. Your agree-
ment with Schwab consists of the terms set
forth in this Application Agreement and the
terms set forth in the Education Savings
Account Plan, the Schwab IRA and ESA Account
Agreement, which incorporates the Charles
Schwab Pricing Guide and a number of other
important disclosures. The Education Savings
Account Plan and the Schwab IRA and ESA
Account Agreement are provided with this
Application or at the opening of your Account.
You agree to contact Schwab if you do not
receive the Education Savings Account Plan and
the Schwab IRA and ESA Account Agreement.
In addition, you may in the future receive from
Schwab supplemental terms or disclosures that
pertain to certain account types, service
features and benet packages. These supple-
mental terms and disclosures, this Application
Agreement, the Education Savings Account Plan,
and the Schwab IRA and ESA Account Agree-
ment are collectively referred to as the
Agreement and Disclosures. You agree to read
the Agreement and Disclosures carefully and
retain copies for your records.
Section 2: Acceptance of Agreements and
Disclosures. You agree that the Agreement and
Disclosures govern all aspects of your relation-
ship with Schwab, including all transactions
between Schwab and you and all products and
services now or in the future offered through
Schwab. Schwab may rely on your use of
Schwab’s products and services as evidence of
your continued acceptance of the Agreement
and Disclosures.
Section 3: Your Representations and Warranties.
You represent and warrant that: (a) you are of
legal age in the state in which you live and you
are authorized to enter into this Agreement;
(b) you have supplied accurate information in
your Account Application; (c) no additional
authorizations from third parties are required for
you to open the Account and effect transactions
therein; (d) except as you have otherwise
indicated on your Account Application or in
writing to us, (i) you are not an employee of or
afliated with any securities exchange or member
rm of any exchange, the Financial Industry
Regulatory Authority (FINRA), or any securities
rm, bank, trust company, or insurance
company; and (ii) you are not a director, 10%
benecial shareholder, policy-making ofcer, or
otherwise an “afliate” (as dened in Rule 144
under the Securities Act of 1933) of a publicly
traded company; and (e) this Application
Agreement, as amended from time to time, is a
legal, valid and binding obligation, enforceable
against you in accordance with its terms.
Section 4: Account Handling. Schwab will
automatically hold of all your securities pur-
chased, sales proceeds, dividends and interest.
Schwab will also release your name, address and
securities positions to companies in which we
hold securities for your Account upon request,
unless you notify us otherwise in writing.
Section 5: Responsibility for Investment
Decisions. You agree that you and any agent
under a power of attorney or Investment Advisor
(if you have one) are solely responsible for
investment decisions in your Account, including
whether to buy or sell a particular security.
Unless required by law, or unless Schwab
provides advice to you that is clearly identied
as an individualized recommendation for you,
you understand that Schwab has no obligation
to determine whether a particular transaction,
strategy, or purchase or sale of a security is in
your best interest. Your obligation includes an
afrmative duty to monitor and stay informed
about your Account and your investments and
respond to changes as you deem appropriate.
Unless we otherwise agree with you in writing,
Schwab does not monitor your account(s) or
investments and has no obligation to update an
investment recommendation, nancial advice, or
nancial plan we may give you. Such recommen-
dation, nancial advice, or nancial plan only
applies at the point in time we provide it to you.
You acknowledge that Schwab does not provide
tax or legal advice.
Section 6: Payment of Indebtedness. You agree
to make payment of any indebtedness related to
your Account, including, but not limited to, any
such indebtedness that results from instruc-
tions provided to Schwab by you, your agent or
any attorney-in-fact under a power of attorney or
Investment Advisor authorized to make
transactions in your Account. We may elect
anytime, with or without notice, to make any
debit balance or other obligation related to your
Account immediately due and payable. We may
report any past-due account to a consumer and/
or securities credit reporting agency. We may
also refer your Account to a collection agency.
Section 7: Liquidations. Whenever it is
necessary, for our protection, to satisfy a debit
in your Account or an obligation owed us with
respect to your Account (including the payment
of any fees and expenses relating to your
Account that are assessed from your Account),
you authorize and direct Schwab to sell, assign
and deliver all or any part of the property in your
Account or close any or all transactions in your
Account or restrict activity in your Account as
may be necessary from time to time to satisfy
any such debit or obligation. You further
authorize and direct us to choose which property
to buy or sell, which transactions to close, and
the sequence and timing of liquidation. We may
take such actions on whatever exchange or
market and in whatever manner (including public
auction or private sale) that we choose in the
exercise of our business judgment pursuant to
this direction. You agree not to hold us liable for
the choice of which property to buy or sell or
which transactions to close, for the timing or
manner of liquidation, or for any tax conse-
quences from such actions pursuant to this
direction. This serves as your direction and
authorization to us, without any additional notice
to you. No demand or notice shall impose on
Schwab any obligation to make such demand or
provide such notice to you in the future. Any
such notice or demand is hereby expressly
waived, and no specic demand or notice shall
invalidate this waiver.
Section 8: Verification. You authorize Schwab
to inquire from any source, including a consumer
reporting agency, as to the identity (as required
by law), creditworthiness and ongoing eligibility
for the Account of the Account Holders, any
other person referred to on this Application, or
any person whom Schwab is later notied is
associated with or has an interest in the
Account (as well as such persons’ spouses if
they live in a community property jurisdiction) at
account opening, at any time throughout the life
of the Account, and thereafter for debt
collection or investigative purposes.
Section 9: Required Arbitration Disclosures.
Regulatory authorities require that any brokerage
agreement containing a predispute arbitration
agreement must disclose that this agreement
contains a predispute arbitration clause. This
Agreement contains a predispute arbitration
clause. By signing an arbitration agreement, the
parties agree as follows:
• All parties to this Agreement are giving up the
right to sue each other in court, including the
right to a trial by jury, except as provided by the
rules of the arbitration forum in which a claim
is led.
• Arbitration awards are generally nal and
binding; a party’s ability to have a court reverse
or modify an arbitration award is very limited.
• The ability of the parties to obtain documents,
witness statements and other discovery is
generally more limited in arbitration than in
court proceedings.
• The arbitrators do not have to explain the
reason(s) for their award unless, in an eligible
case, a joint request for an explained decision
has been submitted by all parties to the panel
at least 20 days prior to the rst scheduled
hearing date.
• The panel of arbitrators will typically include
a minority of arbitrators who were or are
afliated with the securities industry.
• The rules of some arbitration forums may
impose time limits for bringing a claim in
arbitration. In some cases, a claim that is
ineligible for arbitration may be brought
in court.
• The rules of the arbitration forum in which the
claim is led, and any amendments thereto,
shall be incorporated into this Agreement.
CC
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC3994119 (0620-0A9Z) APP20272-23 (06/20)
Page 2 of 2
No person shall bring a putative or certied
class action to arbitration, nor seek to enforce
any predispute arbitration agreement against
any person who has initiated in court a putative
class action; or who is a member of a putative
class who has not opted out of the class with
respect to any claims encompassed by the
putative class action until:
1. the class certication is denied;
2. the class is decertied; or
3. the customer is excluded from the class
by the court.
Such forbearance to enforce an agreement to
arbitrate shall not constitute a waiver of any
rights under this Agreement except to the extent
stated herein.
Section 10: Arbitration Agreement. Any
controversy or claim arising out of or relating to
(i)this Agreement, any other agreement with
Schwab, an instruction or authorization provided
to Schwab or the breach of any such agreements,
instructions, or authorizations; (ii)the Account,
any other Schwab account or Services; (iii)trans-
actions in the Account or any other Schwab
account; (iv) or in any way arising from the
relationship with Schwab, its parent, subsidiaries,
afliates, ofcers, directors, employees, agents
or service providers (“Related Third Parties”),
including any controversy over the arbitrability of
a dispute, will be settled by arbitration.
This arbitration agreement will be binding upon
and inure to the benet of the parties hereto
and their respective representatives, attorneys-
in-fact, heirs, successors, assigns and any other
persons having or claiming to have a legal or
benecial interest in the Account, including
court-appointed trustees and receivers. This
arbitration agreement will also inure to the
benet of third-party service providers that
assist Schwab in providing Services (“Third-Party
Service Providers”) and such Third-Party Service
Providers are deemed to be third-party
beneciaries of this arbitration agreement.
The parties agree that this arbitration agreement
will apply even if the application to open the
Account is denied and will survive the closure of
your Account and/or the termination of services
rendered under this Agreement.
Such arbitration will be conducted by, and
according to the securities arbitration rules
and regulations then in effect of, the Financial
Industry Regulatory Authority (FINRA) or any
national securities exchange that provides a
forum for the arbitration of disputes, provided
that Schwab is a member of such national
securities exchange at the time the arbitration
is initiated. Any party may initiate arbitration by
ling a written claim with FINRA or such eligible
national securities exchange. If arbitration before
FINRA or an eligible national securities exchange
is unavailable or impossible for any reason,
then such arbitration will be conducted by, and
according to the rules and regulations then in
effect of, the American Arbitration Association
(AAA). If arbitration before the AAA is unavail-
able or impossible for any reason, the parties
agree to have a court of competent jurisdiction
appoint three (3) arbitrators to resolve any and
all disputes or controversies between or among
the parties. Each party shall bear its own initial
arbitration costs, which are determined by the
rules and regulations of the arbitration forum.
In the event of nancial hardship, the arbitration
forum may waive certain costs in accordance
with such rules. At the conclusion of the hearing,
the arbitrators will decide how to assess the
costs of the arbitration among the parties.
Any award the arbitrator makes shall be nal
and binding, and judgment on it may be entered
in any court having jurisdiction. This arbitration
agreement shall be enforced and interpreted
exclusively in accordance with applicable federal
laws of the United States, including the Federal
Arbitration Act. Any costs, fees or taxes involved
in enforcing the award shall be fully assessed
against and paid by the party resisting enforce-
ment of said award.
For FINRA arbitrations, FINRA will appoint a
single public arbitrator in customer cases
decided by one arbitrator. In customer cases
decided by three arbitrators, investors have the
option of choosing an arbitration panel with two
public arbitrators and one non-public arbitrator
(Majority-Public Panel Rule) or a panel of all
public arbitrators (Optional All-Public Panel Rule).
If the customer declines to elect a panel
selection method in writing by the applicable
deadline, the Majority-Public Panel Rule for
selecting arbitrators will apply.
All notices from one party to the other involving
arbitration shall be considered to have been
fully given when so served, mailed by rst-class,
certied or registered mail, or otherwise given
by other commercially accepted medium of
written notication.
In addition to the above provisions, if a party
to this Agreement is or becomes a non-U.S.
resident at the time of any controversy subject
to this arbitration agreement, such party
acknowledges and agrees to the following
additional provisions:
(1) The rules of the organization administering
the arbitration specically provide for the
formal designation of the place at which the
arbitration is to be held.
(2) Entering into this Agreement constitutes
consent to submit to the personal jurisdiction
of the courts of the state of California, U.S.A.,
to interpret or enforce any or all of these
arbitration provisions. Judgment on any
arbitration award may be entered in any
court having jurisdiction, or application may
be made to such court for judicial acceptance
of the award and an order of enforcement,
as the case may be.
(3) The exclusive language to be used by the
parties and the arbitrators in the arbitration
proceedings shall be English. Any party
wishing an interpreter shall make all
arrangements directly with the interpreter
and shall assume all costs of the service.
(4) If a party is a foreign government or state,
state-owned or state-operated enterprise or
other instrumentality of a foreign government
or state, such party waives all rights of
sovereign immunity and neither the Federal
Act of State doctrine nor the doctrine of
sovereign immunity shall apply insofar as any
enforcement in courts located in the U.S.A.
is concerned.
Section 11: Electronic Copies. The electroni-
cally stored copy of your (or your agent’s)
signature, any written instructions or authoriza-
tions, the Account Application and the Agree-
ment and Disclosures is considered to be the
true, complete, valid, authentic and enforceable
record, admissible in judicial, administrative or
arbitration proceedings to the same extent as if
the documents and records were originally
generated and maintained in printed form. You
agree to not contest the admissibility or
enforceability of Schwab’s electronically stored
copy of such documents in any proceeding
between you and Schwab.
Section 12: Float. You agree that Schwab will
retain as compensation for services your
Account’s proportionate share of any interest
earned on aggregate cash balances held in
Schwab’s bank account with respect to
(1)assets awaiting investment or (2)assets
pending distribution from your Account. Such
interest retained by Schwab shall generally be at
money market rates. Schwab’s receipt of such
compensation is further described in the
Agreements and Disclosures.
Section 13: Unclaimed Property. If no activity
occurs in the Account within the time period
specied by applicable state law, the Account
may be transferred to the appropriate state.
Section 14: Information About SIPC. To obtain
information about Securities Investor Protection
Corporation (SIPC), including an explanatory
SIPC brochure, please contact SIPC at
www.sipc.org or 1-202-371-8300.
Section 15: Impartial Lottery for Securities
Subject to Partial Call or Partial Redemption.
If Schwab holds securities for you in street
name, in Schwab’s name, or in bearer form that
are subject to partial call or partial redemption,
then in the case of a partial call or partial
redemption Schwab will use an impartial lottery
system to select the securities to be called or
redeemed from among accounts holding those
securities. For a description of Schwab’s lottery
system, please visit schwab.com/partialcalls. If
you would like a printed description of Schwab’s
lottery system mailed to you, please contact a
Schwab representative at 1-800-435-4000.
Printed on recycled paper.
CC
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC3971500 (0118-7F68) REG91285-03 (03/20)
The automatic investment of your free credit balance, including the frequency and the amount of each sweep,
is governed by the terms and conditions set forth in the Cash Features Disclosure Statement and in the Account
Agreement applicable to your account. The material in this document is intended for informational purposes only.
If there is any confl ict between the descriptions in this document and the terms of the Cash Features Disclosure
Statement, the Cash Features Disclosure Statement will control.
How the Cash
Features Program
Works
Schwab’s Cash Features Program is the service (described in the Cash Features Disclosure
Statement) that we provide to automatically invest, or “sweep,” the free credit balance in your
account into a liquid investment to earn interest. The program permits you to earn income
while you decide how those funds should be invested longer term.
Available Cash
Feature
The available cash features currently consist of:
• The free credit balance in your eligible account (the “Schwab One
®
Interest feature”), on
which Schwab pays interest;
• Interest-bearing deposit accounts at one or more of our affi liated banks (the “Bank Sweep
feature” for most accounts and the “Bank Sweep for Benefi t Plans feature” for retirement
plan accounts); and
• For some accounts, one or more affi liated money market mutual funds (the “Money Fund
Sweep feature”).
Eligibility Eligibility for each cash feature is based on the registered ownership and the type of account.
Not all account registrations and account types will be eligible for all cash features. Some
account registrations and account types will be eligible for only one cash feature. Please see
your Account Application and the Cash Features Disclosure Statement for more complete
eligibility details.
Duty to Monitor
Eligibility for Cash
Features
It is your responsibility to monitor your eligibility for the cash features and determine the best
cash feature available to you. Schwab is not responsible for contacting you if you are, or later
become, eligible for other higher-yielding cash features.
Interest Rates and
Yields
The interest rates and yields for the different cash features vary over time. There is no
guarantee that the interest rate and yield on any particular cash feature will be or will remain
higher than the interest rate and yield on any other cash features over any period. Current
interest rates and yields can be obtained by contacting your independent investment advisor
or your Financial Consultant, or by calling us at 1-800-435-4000. If you already have an
account, you can visit our website at www.schwab.com/sweep. If your account is an Advisor
Services account, please contact your advisor, visit www.schwab.com/SA_sweep, or call
Schwab Alliance at 1-800-515-2157.
• The interest rate on the Schwab One Interest feature is set by Schwab. We have the option
to pay as low a rate as possible consistent with our views of competitive necessities. With
certain exceptions, the rate will be tiered based upon the overall free credit balance within
your account.
• The interest rate on the Bank Sweep feature is set by our affi liated bank(s), which also
has the option to pay as low a rate as possible consistent with their views of competitive
necessities. Retirement accounts will be paid a reasonable rate consistent with applicable
legal and regulatory requirements. With certain exceptions, the rate will be tiered based upon
your account type and the combined amount of your account’s Bank Sweep deposits at our
affi liated bank(s).
Brokerage Products: Not FDIC-Insured • No Bank Guarantee • May Lose Value
Cash Features Program
General Terms and Conditions
Page 1 of 2
CC
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC3971500 (0118-7F68) REG91285-03 (03/20)
Cash Features Program General Terms and Conditions | Page 2 of 2
Interest Rates and
Yields
(Continued)
• The interest rate on the Bank Sweep for Benefi t Plans feature is set by our affi liated bank(s),
which intend to pay interest consistent with reasonable rate provisions of applicable legal
and regulatory requirements. This can be lower than some competitors’ rates. Interest rates
do not vary by tiers and do not vary based on your cash balances.
• Money market mutual funds offered through the Money Fund Sweep feature seek to achieve
the highest yield (less fees and expenses) consistent with prudence and their investment
objectives.
Cash features are not intended to be long-term investments, and yields on any of our cash
features can be lower than those of similar investments or deposit accounts offered outside
the Cash Features Program. If you desire to maintain cash balances for other than a short-term
period and/or are seeking the highest yields currently available in the market, please contact
your Schwab representative or visit www.schwab.com/cash for investment options that may
be available outside of the Cash Features Program to help maximize your return potential
consistent with your investment objectives and risk tolerance. If your account is an Advisor
Services account, please contact your advisor, visit www.schwab.com/SA_cash, or call
Schwab Alliance at 1-800-515-2157.
Benefi ts to Schwab We charge fees and receive certain benefi ts under the different cash features. We share a
portion of these fees and benefi ts with our investment professionals. Because of these fees
and benefi ts, we have a fi nancial incentive to select the particular cash features included in the
Cash Features Program.
Differing Risks and
Account Protection
The different cash features are subject to different risks and account protection:
• The Schwab One
®
Interest feature is not subject to market risk and value loss but is subject
to the risk of Schwab’s failure. In the unlikely event that Schwab fails, cash is eligible for
SIPC coverage up to a limit of $250,000 (including principal and interest) per client in each
insurable capacity (e.g., individual or joint). Free credit balances held at Schwab are not
insured or guaranteed by the FDIC.
• The Bank Sweep and Bank Sweep for Benefi t Plans features are not subject to market risk
and value loss but are subject to the risk of the failure of one or more of our affi liated banks.
In the unlikely event that one or more of our affi liated banks fails, deposits at each bank
are eligible for FDIC insurance protection up to a limit of $250,000 (including principal and
interest) per depositor in each insurable capacity (e.g., individual, joint, and plan participant).
This limit includes any other deposits you may have at that bank outside of the Bank Sweep
and Bank Sweep for Benefi t Plans features. You are responsible for monitoring your bank
balances in the Bank Sweep and Bank Sweep for Benefi t Plans features and the balances
in any of your other bank accounts at each affi liated bank to determine if these, in total,
exceed FDIC insurance limits. Monies held in both features are not covered by SIPC.
• Money market mutual funds in the Money Fund Sweep feature invest in high-quality, short-
term securities and seek to maintain a stable value, but are subject to market risks and
potential value loss. They are not bank accounts and are not subject to FDIC insurance
protection. They are instead covered by SIPC, which protects against the custodial risk (and
not a decline in market value) when a brokerage fi rm fails by replacing missing securities
and cash up to a limit of $500,000, of which $250,000 may be cash. Shares held through the
Money Fund Sweep feature are not considered cash, but are treated as securities for SIPC
coverage.
00243317
Brokerage Products: Not FDIC-Insured • No Bank Guarantee • May Lose Value
CC
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC4152148 (0620-0N2E) REG86030-06 (05/20)
The Purpose and Effect of Your Consent
This disclosure and informed consent applies to all communications for
those accounts, products and services offered in person or available via
Schwab.com, Schwaballiance.com, or via a Schwab mobile website or
mobile application used to access those accounts, products or services,
to the extent they are not otherwise governed by the terms of a separate
disclosure and informed consent.
We are required to provide to you “in writing” certain records and
disclosures about our relationship and transactions in your account. You
are entitled to receive those documents on paper. With your affi rmative
consent, we can provide the documents to you electronically instead via
the Schwab Paperless Documents program (“Paperless Documents”).
The information below will help you understand the conditions and
requirements relating to Paperless Documents. You can always fi nd the
most up-to-date version of this important information at schwab.com/
paperless_consent.
Paperless Documents categories include: tax forms, trade confi rmations,
shareholder materials, statements and account documents (e.g., account
statements and other account-related documents associated with
the account, including account agreement amendments and program
disclosures, fund prospectuses, and investment advisory service
disclosures). Each of these document categories is described in detail
below. If you are opening an account, the account agreements and account
and program disclosures delivered to you as part of the account opening
process are also included in Paperless Documents. Electronic documents
specifi c to your transactions and account will be available online for up to
10 years from the date of initial delivery. Your consent to receive documents
electronically is not limited in duration and does not expire.
Depending on where you reside, the initial scope of your Paperless
Documents enrollment, and whether you have made modifi cations to
your enrollment, not all document categories may apply to you. Certain
documents that are not currently included in Paperless Documents may
continue to be delivered to you via postal mail. In the future, some or all
of these documents may be added to Paperless Documents and made
available to you electronically in accordance with your informed consent
to this disclosure. If you are uncertain which documents are covered by
your Paperless Documents enrollment, please check online at schwab
.com/paperless_services or call or email Schwab or Schwab Bank using
the contact information below.
For additional information about Schwab Bank account statements, see
the “Addendum” on the following page.
You indicate your consent to Paperless Documents by providing an email
address and signing an account agreement, or by clicking or touching
an “I consent” or other button indicating assent to or acceptance of the
conditions and requirements relating to Paperless Documents, and we
record your consent. The method of consent may depend on whether you
are opening an account or separately enrolling in Paperless Documents
for an existing account. If you do not provide consent, Schwab or Schwab
Bank will send you paper copies. Your consent will be effective until you
cancel your enrollment in Paperless Documents or Schwab or Schwab
Bank notifi es you that the program is discontinued. If you are a joint
account holder, your consent binds the other account holder.
By providing consent, you confi rm that you have the ability to access
Schwab on the web, and the ability to open, view, save, retain, and print
PDF documents as described below. These abilities demonstrate that you
can receive the documents we will deliver to you. You also confi rm that
you have provided a valid email address as part of the account opening or
Paperless Documents enrollment process.
We may, if necessary and at our discretion, end your participation in
Paperless Documents, or change the terms and conditions relating
to Paperless Documents and electronic communications. It is your
responsibility to review any updates in a timely manner. We will provide you
with notice of any discontinuation or update as required by law.
Our Contact Information to Request Paper or Ask Questions
To access the document and print a copy, log in to your Schwab or Schwab
Bank account, select the “Accounts” tab, then select “Statements.” To
request paper, ask questions about, or report problems concerning
Paperless Documents, you may contact us as follows:
To contact us by email, log in to Schwab.com, click “Contact Us,” and then
click “Send a Secure Message.” Advisor Services clients, please log in to
schwaballiance.com. To contact us by phone:
• Investor Services clients: 1-800-435-4000.
• Schwab Bank High Yield Investor Checking
®
(or other Schwab Bank)
clients: 1-888-403-9000.
• Clients in the U.K.: 00 800 0826-5001.
• Clients in other countries: +1-415-667-8400.
• Advisor Services clients: Contact your independent advisor or call
1-800-515-2157.
• Schwab Intelligent Portfolios Solutions™ clients: 1-855-694-5208.
• Institutional Intelligent Portfolios
®
clients: 1-877-805-3399.
To Withdraw Your Consent
When you change your preference back to postal mail delivery, this cancels
your enrollment in Paperless Documents and withdraws your consent
for the document categories you indicate. You can do this by logging in
to schwab.com/paperless_services, or by calling or emailing Schwab
or Schwab Bank using the contact information above. Allow 48 hours
for processing. Your consent will remain effective for other document
categories for which you maintain a paperless delivery preference.
Important note for Schwab Advisor Services clients: Canceling or
modifying your enrollment may make your account(s) ineligible for lower
commission rates, and the commissions you pay can increase.
Important note for Schwab Intelligent Portfolios Solutions and Institutional
Intelligent Portfolios clients: Intelligent Portfolios is an all-electronic
service. If in the future you request paper documents, withdraw your
consent, or are unable to receive Paperless Documents, Schwab may
terminate your account.
Electronic Notifi cation When a Paperless Document Is Ready
We send you an email to let you know a document is available. For some
documents, the email itself will be the paperless document. For other
documents, the email will contain a link that will allow you to access or
download the document, and your login may be required prior to such
access.
Keeping Your Email Address Current and Actions Schwab or
Schwab Bank Will Take If There Is a Problem
Please note that after three consecutive months of unsuccessful electronic
delivery attempts of your tax forms, trade confi rmations, or statements and
account documents, your account(s) will revert back to postal mail delivery.
This will cancel your enrollment in Paperless Documents and withdraw
your consent to receive Paperless Documents.
It is your responsibility to notify Schwab or Schwab Bank of any change in
your email address by logging in to the Schwab site and going to Service >
My Profi le > Email Addresses or using the contact information above. In
addition to the unenrollment process outlined above, if we receive any
indication either that the email notifi cation did not reach you successfully
or that there is a problem with your email address or service, we will take
the following actions:
• Tax Forms—Send a letter by postal mail within two business days to
inform you that we were unable to deliver your tax form electronically.
In certain circumstances, as may be required by law or regulation or
for other reasons, we may send you the tax form itself by postal mail
within the time period prescribed by the relevant legal or regulatory
requirements.
• Trade Confi rmation—Send a paper copy of trade confi rmation by postal
mail within 24 hours. Also send a letter by postal mail to inform you that
we were unable to deliver your Trade Confi rmation to you electronically.
Page 1 of 2
Important Information About Your Informed
Consent to Receive Paperless Documents
CC
Informed Consent to Receive Paperless Documents | Page 2 of 2
• Statements and Account Documents—Send a letter by postal mail
informing you that we were unable to deliver your statement or account
document electronically.
• Shareholder Materials—Send a paper copy of the shareholder materials
via postal mail within 24 hours. We will send you a letter informing you
that we were unable to deliver your shareholder materials electronically.
The account will be unenrolled from Paperless Documents, and we will
begin to send you paper shareholder materials.
Hardware and Software Requirements
Paperless Documents requires you to have access to a device (computer
or smartphone) with Internet service and an active email account and
address, along with the following:
• A current version of a common Internet browser, with JavaScript
enabled.
• A current version of a program, such as Adobe
®
Reader
®
, that accurately
reads and displays PDF documents. If you do not have Adobe Acrobat
installed on your device, you can download the free software at
adobe.com.
• An operating system on your device that supports the above.
• A printer that connects to your device, if you wish to print documents.
• Electronic storage connected to your device, if you wish to retain records
in electronic form. (If you are using your computer, just save documents
to your local hard drive.)
If you use your smartphone, you must access the full Schwab website to
view and print your documents. If you have questions relating to hardware
and software requirements, please call or email Schwab using the contact
information on the previous page.
Security and Privacy Information
Unless expressly stated, email notifi cations for Paperless Documents are
not encrypted. For security and confi dentiality, unencrypted emails will not
include your name, full account number, or any other personal identifi er.
Be aware, however, that some email addresses may use part of your name
or your entire name. If you use a work email address, your employer or
other employees may have access to your email. To help you identify your
account, we may include some portion, but not all, of your account number.
Schwab or Schwab Bank may use a vendor to deliver Paperless Documents.
Whether Schwab, Schwab Bank, or a vendor delivers the documents,
Schwab’s privacy policy applies.
Records and Disclosures Included in Schwab and Schwab Bank’s
Paperless Documents Program
Tax Forms (“eTax Documents”)
A tax document provides important information you need to complete
your tax returns. Much of the information we provide in tax documents
is also reported to the IRS. This includes any corrected tax documents
and accompanying notices. When a tax document is ready, we will send
an email notifi cation with the subject line “IMPORTANT TA X RETURN
DOCUMENT AVAILABLE” and containing a web link to the document
available after you log in.
Trade Confi rmations (“eConfi rms”)
A trade confi rmation is an offi cial record of your securities transaction.
It includes the price, number of shares, and the commission we charge
you, as well as disclosures required under federal law. If you choose to
receive paperless trade confi rmations, the terms and conditions of your
transaction will appear in the email and on a web page you can link to
from the email. Your consent to receive paperless trade confi rmations
also includes paperless delivery of prospectuses or other regulatory
information we provide to you at the time of your trade. Your consent to
receive paperless trade confi rmations also covers paperless delivery of
Trade Confi rmation Reports (TCRs) if you elect this alternative as part of
your Managed Account enrollment.
Statements and Account Documents (“eStatements”)
An account statement provides important information about your account,
including the price and quantity of securities you hold, the transactions
conducted, other activity in your account, and terms and conditions
governing your account. Account statements are sent at the end of each
month in which you conducted activity in your account or at the end of
each calendar quarter, regardless of any account activity. With your
account statements, we often include accompanying account-related
notices and other regulatory information, including, but not limited to,
Schwab’s Statement of Financial Condition, pricing changes, changes to
payment features, privacy policy, annual notices, amendments to your
account agreements, and any other documents, notices, and disclosures
required by law or regulatory rules to be provided to you. At account
opening and from time to time thereafter, we also send you notifi cations
about your account. Collectively, we call these documents, notices, and
disclosures “account documents.” When you consent to paperless account
statements, you also consent to paperless account documents.
Investment Advisory Service Disclosures
(A Sub-Category of Account Documents)
Your consent to paperless Statements and Account Documents includes
investment advisory program disclosures, brochure supplements with
information about individual Schwab representatives, and related
materials such as periodic updates or annual summaries of any changes
to those documents (“Form ADV Disclosures”) as Schwab makes these
available in the future. The investment advisory programs may include
Schwab Private Client™, Schwab Managed Portfolios™, Schwab Managed
Account Services™, the Schwab Advisor Network
®
, Schwab Intelligent
Portfolios Solutions™, and other similar advisory services, and fee-based
Financial Planning Services. In addition to Schwab’s and its affi liates’
own Form ADV Disclosures, your consent also covers ADV Disclosures
from third-party investment advisors whose services you select through
Schwab. Paperless Form ADV Disclosures may accompany your account
statements or be sent independently. If the third party does not make its
Form ADV Disclosures available electronically, you will instead receive the
standard printed materials by postal mail.
Shareholder Materials (“Electronic Delivery”)
Shareholder materials include regulatory information such as
prospectuses; prospectus supplements; quarterly, semi-annual, and
annual reports; and proxy materials. You will receive an email notifi cation
with a web link to shareholder materials if you have a position in an
equity or mutual fund as of the record date for a particular shareholder
distribution and the materials are made available electronically by the
issuer or third party. If the issuer or third party does not make shareholder
materials available electronically, you will instead receive the standard
printed materials by postal mail. By providing your consent to receive
electronic delivery of shareholder material, you also consent to electronic
householding. This means that if you and someone else enroll in this
paperless service using the same email address, we may send one email
announcement to this email address if each account holds securities of the
same issuer. This avoids duplicate mailings of shareholder documents. If
you no longer want electronic householding of your shareholder materials,
you must modify your Paperless Documents enrollment as described
above. Your shareholder materials may include electronic proxies. You may
elect to vote your proxy online at proxyvote.com by entering the control
number included in your email announcement and the last four digits of
your Social Security number or Taxpayer Identifi cation Number as your PIN.
Addendum for Schwab Bank Paperless Statements
(“eStatements”)
Schwab Bank Paperless Documents categories include statements and
account documents and tax forms. The above information regarding
the purpose and effect of your consent, including how to request paper
delivery, how to ask questions, how to withdraw consent for paperless
delivery, electronic notifi cation of ready statements, keeping a current
email address, hardware and software requirements, and security
and privacy information, are all applicable to Schwab Bank accounts.
Paperless Documents include account statements and tax forms. In
addition, account statements for your Investor Checking account(s),
Investor Savings account(s), and Pledged Asset Line
®
account(s) provide
important information about your accounts, including the account balance;
the transactions conducted; other activity in your accounts; and other
information, terms, and conditions governing your accounts.
Charles Schwab Bank, SSB and Charles Schwab & Co., Inc. are separate but affi liated companies and subsidiaries of The Charles Schwab Corporation. Brokerage products offered by Charles Schwab & Co., Inc.
are not insured by the FDIC, are not deposits or obligations of Charles Schwab Bank, SSB and are subject to investment risk, including the possible loss of principal invested. Deposit and other lending products
and services are offered by Charles Schwab Bank, SSB, Member FDIC and an Equal Housing Lender. Charles Schwab Bank, SSB is not acting or registered as a securities broker-dealer or investment advisor.
00246018
Brokerage Products: Not FDIC-Insured • No Bank Guarantee • May Lose Value
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC4152148 (0620-0N2E) REG86030-06 (05/20)
CC
This page is intentionally blank.
This page is intentionally blank.
©2020 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. CC3994119 (0620-0A9Z) APP20272-23 (06/20)
00243612
CC
Download
Save PDF to desktop
Email
Email completed PDF
Send for Signing
Email for others to sign
Print
Print document
Choose a Field
Click on a field and
select the person that should complete it
Want to add a signature?
You can add a signature field
and assign it to someone else
to sign
Choose a Field
Click on a field and
select the person that should complete it

Education Savings Account (ESA) Application (Charles Schwab)

This document is locked as it has been sent for signing.

You have successfully completed this document.

Other parties need to complete fields in the document. You will recieve an email notification when the document has been completed by all parties.

This document has been signed by all parties.

Completed 22 August 2020

Message

View Audit Log
Print With Audit Log
Duplicate Document