Common Contracts
1 similar Roth Individual Retirement Account Custodial Agreement contracts
CUSTODIAL AGREEMENT & DISCLOSURE STATEMENTRoth Individual Retirement Account Custodial Agreement • September 28th, 2021
Except in the case of a qualified rollover contribution described in section 408A(e) or a recharacterized contribution described in section 408A(d)(6), the custodian will accept only cash contributions up to $5,500 per year for 2013 through 2017. For individuals who have reached the age of 50 by the end of the year, the contribution limit is increased to $6,500 per year for 2013 through 2017. For years after 2017, these limits will be increased to reflect a cost-of-living adjustment, if any.
