Qualified Custodial Services
Sterling Trust Company also provides custodial only services for qualified retirement accounts. This service is designed for employers, employees or financial advisors who are looking to diversify their or their client's existing qualified retirement plan without the obligation to move their entire account.

Employers are able to maintain their current document and administrative providers while allowing their participants to invest in more diversified investments. Employers also have the option of establishing a pooled account for the entire plan or establishing individual accounts for each participant.

Individual participants who are in self-directed retirement plans are enabled to consolidate their account and change their investment portfolio as often as they choose by utilizing this service.

Sterling Trust also provides tax reporting of distributions and state and/or federal withholding. Easy-to-read comprehensive account statements are generated every quarter and may be given to the third party administrator to ensure proper record keeping.

For more information contact our  Sales & Marketing group at STCServices@uwbank.com or call 800.955.3434, ext. 5077.