How Do I Change the Name on My Homestead Funds Account?
You may change your name on your Homestead Funds account(s) by completing and submitting the Account Services Form. You must also provide either a copy of a driver’s license issued under your new name or a copy of the legal document with your name change.
The completed Account Services Form can be mailed to the address on the form.
How Do I Change the Address on My Homestead Funds Account?
There are a few ways you can change the mailing address on your Homestead Funds account:
Online:
Log in to your Homestead Funds account. Click “Account Profile” in the left-side menu and click “Edit.” Input your new mailing address and click “Submit” to save the changes. You may also add an alternate mailing address here.
By Phone:
Call a Homestead Funds representative at 800.258.3030 between 8:30 a.m. and 5:00 p.m. ET on any business day. After verifying your identity, a representative will be able to confirm the address change with you over the phone.
By Mail:
Complete and mail the Account Services Form to the address on the form.
As a security precaution, upon changing your address, a hold will be placed on your account for the next 30 days for redemptions by check processed online. During that period, proceeds from any redemptions will not be released to your new address via check without a letter signed by all account owners, bearing a Medallion Signature Guarantee. Redemptions processed online to an existing bank account will not be affected by your address change. If you have any questions, please contact a Customer Service Representative for assistance from 8:30 a.m. to 5:00 p.m. ET on any business day at 800.258.3030.
How Do I Remove a Deceased Shareowner from a Joint Account?
The following paperwork is required to remove a deceased shareowner from a regular joint account:
- A completed Individual or Joint Account Application. This form will need to be completed and signed by the surviving shareowner exactly as the account is to be registered.
- A Medallion Signature Guaranteed Letter of Instruction detailing your request. You may use our Transaction Request Form to write your request.
- A copy of the death certificate if not previously provided.
- Mail to the address on the form.
How Do I Remove a Custodian from a Minor Account?
UGMA/UTMA Accounts:
When a minor reaches the age of trust termination in their state of residence, the custodian on a Uniform Gift/Transfer to Minor Account (UGMA/UTMA) must be removed and the assets must be transferred to a new account in the name of the former minor. Homestead Funds may restrict fund exchanges and account distributions when the former minor reaches the age of trust termination. The following is required to remove a custodian and transfer assets from a UGMA/UTMA account:
- A completed Individual or Joint Account Application. The application should be completed and signed by the former minor exactly as the account is to be registered.
- A UGMA/UTMA Custodian Removal Form. The form may be signed by either the account custodian or the former minor.
- Mail to the address on the form.
Minor IRA Accounts:
To remove the responsible individual on a former minor’s Traditional or Roth IRA account with Homestead Funds, please submit the following together:
- A completed IRA Account Application. The application should be completed by the former minor and signed exactly as the account is to be registered.
- A Letter of Instruction detailing your request. You may use our Transaction Request Form to write your request. The Transaction Request Form may be signed by either the responsible individual or the former minor.
- Mail to the address on the form.
How Do I Add a Power of Attorney to a Homestead Funds Account?
You may add a Power of Attorney to your Homestead Funds account by submitting the Affidavit to Accompany Power of Attorney along with the current Power of Attorney document . This document should be signed by the shareholder or the Power of Attorney if the shareholder is unable to sign.
- The Power of Attorney will have access to account information and account transactions per the current account settings. This may include the ability to conduct telephone and online transactions if the shareholder currently has permissions established on the account.
- The Power of Attorney will remain on the account unless removed by the shareholder. The shareholder may remove the Power of Attorney by submitting a letter of instruction.
Some transactions requested by the Power of Attorney will require a Medallion Signature Guaranteed letter of instruction.
Mail to the address on the form.
How Do I Add or Update Bank Information?
You may add or update banking information for your Homestead Funds account in two ways:
Online:
Log in to your Homestead Funds account. Click “Bank Information” in the left-side menu and click “+Add New Bank for ACH.”
By Mail:
Complete and submit the Account Services Form. This form must mailed to the address on the form.
As a security precaution, upon adding bank instructions, you must wait 15 days after the instructions have been added to your account before you can process a redemption to the new bank instructions.