Common Contracts

1 similar Traditional Ira Custodial Account Agreement contracts

Traditional IRA Custodial Account Agreement
Traditional Ira Custodial Account Agreement • April 25th, 2018 • Delaware

Form 5305-A is a model custodial account agreement that meets the requirements of section 408(a). However, only Articles I through VII have been reviewed by the Internal Revenue Service (“IRS”). The Depositor whose name appears in the accompanying application is establishing an Individual Retirement Account (“IRA”) under section 408(a) to provide for his or her retirement and for the support of his or her beneficiaries after death. The account must be created in the United States for the exclusive benefit of the Depositor or his or her beneficiaries.

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