General Information: This offer is made available at the discretion of PNC Investments LLC (PNCI) and is valid from September 23, 2024 through November 22, 2024. The offer is available for new PNCI Managed Accounts that are opened during the offer period and for additions made during the offering period into existing PNCI Managed Accounts. See deposit requirements below.
This offer is available to U.S. residents only. PNCI may modify or withdraw this offer at any time without notice. Other restrictions may apply.
Accounts Eligible: PNCI Managed Accounts
Accounts Not Eligible: PNCI Brokerage accounts, Simple IRAs, Pocket by PNC, Conservator, Executor and Guardian accounts.
Deposit Requirements: New Accounts: Deposits of eligible assets into new managed accounts must be completed within 30 days of new account opening and will be credited within 90 days of confirmation of your total qualifying net deposit. Deposits made after the first 30 days are considered deposits into existing accounts and will be treated as described. Existing Accounts: Deposits of eligible assets into existing managed accounts must be completed by November 22, 2024. The net deposit calculation for the cash bonus will be calculated and the cash bonus will be credited to your account within 90 days of confirmation of your total qualifying net deposit at the end of the offering period. New and Existing: The cash bonus will be applied only to the managed account for which the net deposit was calculated. You must maintain the net deposit amount (less market losses, if any) in your managed account at PNCI for at least 12 months or PNCI may charge back the value of the cash bonus. If opening more than one managed account, each account will be considered separately for payment of the bonus. Deposits made into multiple eligible accounts will not be aggregated to reach a higher bonus level. The value of the cash bonus may not exceed $5,000 per account for this offering period. This offer is not transferable, sellable or valid in conjunction with certain other PNCI offers.
Tax Considerations: Cash bonus awards made into taxable accounts of $600 or more within a calendar year will appear on your consolidated Form 1099. Credits made to your IRA account will not appear on the consolidated Form 1099 report. You are encouraged to consult with your tax advisor about appropriate tax reporting and treatment relating to this bonus award and the deposit of the award into an IRA account.
