T. Rowe Price Account Types

• Rowe Price offers a variety of brokerage account types to meet different investment needs. The main types include:

• Taxable Brokerage Account: A standard account for buying and selling various investments, including stocks, ETFs, and mutual funds. The minimum initial investment is $2,500.

• Traditional IRA: A retirement account where contributions may be tax-deductible, with a minimum initial investment of $1,000.

• Roth IRA: Contributions are not tax-deductible, but qualified withdrawals are tax-free. The minimum initial investment is also $1,000.

• Rollover IRA: For transferring assets from an old employer-sponsored plan into a traditional IRA, with a minimum investment of $1,000.

• Joint Accounts: Accounts that can be opened by two or more individuals, allowing shared investment.

• Trust Accounts: Accounts set up for managing assets held in trust.

• Accounts for Minors (UGMA/UTMA): Custodial accounts that allow giving or transferring money to a minor, with a minimum initial investment of $1,000.

T. Rowe Price Broker Account Opening Process

Opening a brokerage account with T. Rowe Price is a straightforward process that can be completed online in about 10 minutes. Heres how to get started:

• Choose Account Type: Decide whether you want a taxable brokerage account, traditional IRA, Roth IRA, or another type.

• Complete the Application: You can open an account online or call 1-800-341-1211. If you prefer mail, download a PDF or request a new account form.

• Minimum Investment: Ensure you meet the minimum initial investment requirements:

• Taxable Brokerage Account: $2,500
• Traditional IRA: $1,000
• Roth IRA: $1,000
• Rollover IRA: $1,000

• Fund Your Account: Add a bank link to transfer funds electronically, or fund your account by check, wire transfer, or rollover from another firm.

• Manage Your Account: After your account is opened, you can log in to the T. Rowe Price website or mobile app to start trading stocks, ETFs, options, and mutual funds.

For more information, visit T. Rowe Price Brokerage Accounts.