Benefits of Upgrading
Ways to Upgrade
Carried Over
100
You will have more investment choices
What is Flexibility
100
Account is modified to VBA
What is Merge
100
Day and evening phone numbers
What is Merge and merge to existing
200
No added fees
What is the amount of fees you will pay for or after upgrading
200
Vanguard mutual funds are transferred into an identical VBA
What is Merge to Existing
200
These two accounts require this document to be resigned
What is the Brokerage Exchange Agreement
300
Commission-free
What is the charge to buy or sell Vanguard mutual funds or ETF's?
300
A new account is opened
What is Expand
300
Confirmations will not be generated for this transaction into a VBA Settlement Fund
What is a purchase
400
moving assets from an existing mutual fund account and a linked brokerage account
What is the movement of funds when upgrading
400
These two accounts keep the same account number
What is Merge and merge to existing
400
This is now available for VBA accounts
What is Direct Deposit
500
Provides uninterrupted access to historical information
What is the benefit of upgrading if you have multiple accounts
500
No 18 month wait for the purge
What is Merge
500
In this upgrade a Federal Money Market is turned into a sweep account automatically
What is Merge
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