Share Accounts. An IRA is subject to the applicable terms and conditions set forth in this agreement as well as the terms and conditions set forth in the Ascensus application and related disclosures which by this reference are incorporated into this agreement in its entirety. When you open your IRA share account, the Ascensus and related disclosures will be provided to you in accordance with applicable law. Minimum balance requirements for IRA accounts are subject to change. Please refer to our website for further information. You may not pledge any of the funds on deposit in the account as security for any loan(s). Certain federal and state penalties may apply to amounts withdrawn from IRAs. These are set forth in applicable federal and state laws and regulations, which are incorporated by this reference. Funds in an IRA will escheat to the state if you have not done any of the following for a period of more than three (3) years after the funds become payable or distributable:
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