IRA Adoption Agreement and Plan Document

A contract between the IRA holder and the financial institution, the IRA plan document explains the provisions of the IRA.

Investopedia Says:
Things you can find in a adoption agreement and plan document includes items such as allowable investments, contribution limits, rules for deducting an IRA contribution, distribution rules and the rights of the IRA owner. An IRA is not considered 'established' until the IRA holder signs the agreement.

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