Additional IRA Plan Accounts Sample Clauses

Additional IRA Plan Accounts. After establishing one or more IRA Plans, Client generally will be able to open new Accounts under such IRA Plan simply by providing instructions verbally or in writing (including by e-mail) to Client’s Xxxxx Financial Advisor without having to sign new paperwork. For example, if Client has established a Traditional IRA and wishes to establish additional Traditional IRA Accounts at Xxxxx, Client may do so without signing additional paperwork. If, however, Client wishes to establish a new IRA Plan (such as, for instance, a Xxxx XXX in addition to Client’s Traditional IRA), additional paperwork and a new signature will be required to establish the new IRA Plan. Client hereby authorizes Xxxxx, its associates and their designees to accept any verbal or written instruction that Client or Client’s Agent may from time to time provide to Xxxxx. Notwithstanding the foregoing, Client understands, acknowledges and agrees that Xxxxx may require Client to sign additional paperwork if Xxxxx xxxxx it necessary or appropriate to do so. Client understands and agrees, should Xxxxx allow Client to establish one or more additional Accounts under an existing IRA Plan, any new Account established without separate signed paperwork will be established to mirror the characteristics of the most recently- established Account under such IRA Plan, including without limitation any on-demand distribution or withholding instructions and beneficiary designations then-existing on such Account. Client acknowledges and agrees that, following the creation of such an additional Account, Xxxxx may, in Xxxxx’x sole discretion, require new paperwork to change or modify the characteristics of the additional Account, including Client’s named beneficiaries or on-demand distribution and withholding instructions. Any time Client opens a new Account, Client understands and acknowledges that Xxxxx may send Client a new or amended Agreement, Agreement Supplement or other agreement or documentation related to Client’s new or existing Accounts at Baird. Client agrees that each such document provided by Xxxxx to Client in the future is a part of this Supplement and Client agrees to be bound by all of the applicable terms and conditions contained in those documents. Client should carefully review such documentation upon receipt. Client acknowledges and agrees that, as described in Section 18 of the Agreement, changes requested by Client may not become effective immediately.