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Min. purchase for initial enrollment: |
$250.00
|
| Min. purchase for enrolled participants: |
$100.00
|
| Max. purchase for enrolled participants: |
$10,000.00 per day
|
| When are optional cash investments made? |
Optional cash is generally invested daily
|
| Sale of Plan Shares: |
Permitted |
| Discount on Optional Cash: |
No Discount |
| Discount on Reinvested Dividends: |
No Discount |
| SafeKeeping: |
Permitted
|
| Monthly Direct Debit: |
Permitted
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| Certificate Withdrawal From Account: |
Permitted
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| Dividend Payable: |
Dividends are paid in Feb, May, Aug, Nov
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| Share Sale Fee: |
$15 and 10 cents per share broker commission
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Paychex Direct Purchase Plan fees:
- Enrollment Fee: None
- Optional Cash Purchase Fee: None
- Dividend Reinvestment Fee: None
- Deposit Fee: None
- Fee to Certificate Shares: None
- Termination Fee:$15.00 and .10 cents per share broker commission
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