How do I pay jazz?
Our fee is a yearly fee based on your account size. It starts at 1.5% per year with a $75 a year minimum. As you grow we lower this fee. (shown)
Total account size:
$2,000 - $25,000 ............... 1.5%
$25,001 - $50,000 ............... 1.25%
$50,001 - $100,000 ............... 1.00%
$100,001 - $250,000 ............... 0.75%
$250,000+ ............... 0.50%
Though it is a yearly fee, we divide the fee over each month so you only pay on your average account balance each month.
If we waited a full year when your account growth and contributions were at its max and then charged you, that would not be very fair to you.
Our fee comes directly from your account so there is no need to pay us using a credit card or mailing us a sack of pennies.