Common Contracts

1 similar Traditional Ira Custodial Account Agreement contracts

TRADITIONAL IRA CUSTODIAL ACCOUNT AGREEMENT
Traditional Ira Custodial Account Agreement • May 21st, 2025

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 IRS. The Depositor whose name appears in the accompanying Application is establishing an 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.