My Ami IRA MorningStar
Morningstar® Retirement Manager
My Ami IRA has contracted with Morningstar® Retirement Manager to provide investment advice for your IRA
Through the Morningstar® Retirement Manager, you can receive a personalized retirement plan, which includes retirement-related recommendations and investment strategy for your account.
As an additional service to you, Morningstar® Retirement Manager offers unlimited access to their Retirement Readiness Portal where you can tailor the advice recommendation to fit your personal situation.
After logging into the My Ami IRA portal, select Morningstar on the top of the right-hand side, then select Get Advice. This will take you to the Morningstar website to begin the customization process.
While it’s no secret that reaching a goal is easier with a formal plan, many people never get around to making a plan for funding their retirement because of the time, effort, and costs involved. By eliminating each of these obstacles, Morningstar® Retirement Manager helps retirement investors make their aspirations a reality.
With proper planning, the goals you have today can be within your reach tomorrow. Thank you for giving us this opportunity to help you make them happen!
For more information: To get the Morningstar Disclosure Brochure, Code of Ethics, Privacy Policy, or other documents, visit Morningstar.com.
Fees
We believe our fee schedule is clear, honest and simple to understand. You will see an administration and investment management fee. At My Ami IRA, there are no investment transaction fees to pay, and no hidden fees paid to us by any investment provider.
Administration Fees
These fees cover the cost of administering your account, creating statements, executing transactions, and providing custody services, secure 24/7 online access, and Customer Care Center Support.
Investment Management Fees
These fees cover the cost of screening the investments and making periodic changes to the investments available in My Ami IRA.
Event-Driven Fees
These types of fees apply only if you request a service that does not involve the everyday maintenance of your account. Common examples:
- One-time withdrawal fee – $25 for non-scheduled withdrawals
- Periodic withdrawal fee – $8 per payment when withdrawals are scheduled monthly or quarterly
- Paper Statement fee – $6 per quarter
Fees are collected by selling a prorated share of all your investments based on the total dollar amount of your fees.
Any other non-standard fees that may apply to your account are listed in the Financial Disclosure that is part of the account opening document.
My Ami IRA Benefits
Professionally Screened Investments
To help you diversify your investments in My Ami IRA, AMI carefully screens thousands of mutual funds and ETFs to select top performing, low-cost options for your IRA.
Investment Advice
Review your retirement savings strategy anytime with our Investment Advice Engine provided through Morningstar® Retirement ManagerSM. Our online investment questionnaire can help you make well-informed decisions when deciding how to invest your savings.
Online Access
Stay informed and keep track of your investments 24/7 with our secure online account access. Check balances, change investments, visit Morningstar® Retirement ManagerSM, view transaction history, and more at your convenience.
Consolidate IRAs
Looking to consolidate and simplify your retirement accounts and fees? My Ami IRA accepts transfers from other IRAs and rollovers from retirement plans. You can also add money to your IRA each year up to the annual limit ($7,000 for 2025, plus an additional $1,000 if you’re age 50 or older).
Customer Care Professionals and Tools
My Ami IRA has self-service tools as well as trained representatives available to answer your questions and guide you through the process.