Morgan Stanley Smith Barney LLC and its affiliates, Morgan Stanley Financial Advisors, Morgan Stanley Private Wealth Advisors, and Morgan Stanley Financial Advisors ("Morgan Stanley") offer "investment advice" about a retirement plan, individual retirement account, or Coverdell education saving account ("Retirement Account"). Morgan Stanley is a fiduciary as defined by the Employee Retirement Income Security Act of 1973, as amended ("ERISA"), and/or the Internal Revenue Code of 1987 ("Code") as applicable. Morgan Stanley is not considered a fiduciary under ERISA or the Code if it provides investment education, accepts orders without solicitation, or does not offer "investment advice". For more information regarding Morgan Stanley's role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. The tax laws can be complex and are subject to changes. Morgan Stanley cannot provide legal or tax advice. Before establishing a retirement account, individuals should consult their legal and tax advisors. For matters related to taxation or tax planning, consult your tax advisor. Your attorney should be consulted for trust and estate planning, charitable gift planning, and any other legal issues.