Common use of Traditional IRA Clause in Contracts

Traditional IRA.  Death Distribution (If not already in a Beneficiary IRA; Must provide a certified copy of the account holder’s Death Certificate)  SEP IRA  Beneficiary IRA  Mail check to the address currently on file. Electronically transfer funds by ACH:  Current Banking Instructions on file  New bank instructions. (Complete below section)  Checking (Voided Check Required)  Savings (Letter on Bank Letterhead Required) Bank Name Routing ABA Number (9-digits) Bank Account Number Bank Account Registration (Include all registration names) • Only one bank account may be on file. • Signature of bank account owner must be same as XXX xxxxxx. • Temporary and Starter checks are not acceptable. • If voided check is not available, a letter on bank letterhead signed by a branch manager outlining all above information.

Traditional IRA.  Death Distribution (If not already in a Beneficiary IRA; Must provide a certified copy of the account holder’s Death Certificate)  SEP IRA  Beneficiary IRA  Mail check to the address currently on file. Electronically transfer funds by ACH:  Current Banking Instructions on file  New bank instructions. (Complete below section) New Bank Instructions  Checking (Voided Check Required)  Savings (Letter on Bank Letterhead Required) Bank Name Routing ABA Number (9-digits) Bank Account Number Bank Account Registration (Include all registration names) • Only one bank account may be on file. • Signature of bank account owner must be same as XXX xxxxxx. • Temporary and Starter checks are not acceptable. • If voided check is not available, a letter on bank letterhead signed by a branch manager outlining all above information.