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Invest Disclosures

Option Trading in Individual Retirement Accounts (IRAs)

You must determine whether option trading in an IRA account is advisable based on your financial circumstances, your risk tolerance, the number of years until your retirement, and other factors. You should consult your financial and tax advisors to determine if option trading on a limited basis in your IRA account is consistent with your financial goals.

Not all option trading strategies are permitted in an IRA accounts. In order to trade options in your IRA account, your account must be approved for option trading.

You must closely monitor your account and trading activity to avoid adverse tax consequences.

Borrowing funds or carrying a debit balance is not permitted in your IRA account.

IRA accounts with option trading privileges must maintain sufficient funds to fulfill all cash requirements associated with options trading. Ally Invest reserves the right to liquidate all or a portion of the positions in your account in the event that you cannot or are not able to deposit sufficient funds to satisfy these requirements.

In the event of an option assignment resulting in a long or short stock position in your account, Ally Invest reserves the right to liquidate or cover the stock position.

The Internal Revenue Code places restrictions/limits on the amount of funds that can be deposited to an IRA account. Deposits to the account in excess of such limits may cause adverse tax consequences, including but not limited to forfeiture of tax advantages and/or the risk of penalties imposed by the IRS.

This statement does not disclose all the risks and other significant aspects of trading options in your IRA account. You should initiate option transactions only if you understand the nature and the risks associated with such transactions. You must carefully consider whether option trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances.