Form 5305-A Tranditional Individual Retirement Custodial Account {5305-A}

Form 5305-A (Rev. April 2017), Traditional Individual Retirement Custodial Account (Under section 408(a) of the Internal Revenue Code), this form 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. A traditional individual retirement account (traditional IRA) is established after the form is fully executed by both the individual (depositor) and the custodian. To make a regular contribution to a traditional IRA for a year, the IRA must be established no later than the due date of the individual’s income tax return for the tax year (excluding extensions). This account must be created in the United States for the exclusive benefit of the depositor and his or her beneficiaries. www.FormsWorkflow.com