Common use of General fee policies Clause in Contracts

General fee policies. Fees may be paid by you directly or the custodian may deduct them from your Education Savings Account. Fees may be changed upon 30 days written notice to you. The full annual maintenance fee will be charged for any calendar year during which you have an Education Savings Account with us. This fee is not prorated for periods of less than one full year. If provided for in the Disclosure Statement or Adoption Agreement, termination fees are charged when your custodial account is closed whether the funds are distributed to you or transferred to a successor custodian or trustee. The custodian may charge you for its reasonable expenses for services not covered by its fee schedule. Other charges There may be sales or other charges associated with the purchase or redemption of shares of a fund in which your Education Savings Account is invested. Before investing, be sure to read carefully the current prospectus of any fund you are considering as an investment for your Education Savings Account for a description of applicable charges.