Account Setup Forms

Beneficiary IRA Account Amendment Form

Use this form to convert an IRA to a beneficiary IRA. To open a new beneficiary IRA, first open a traditional or Roth IRA and then complete this form.

FINRA Member Approval Form

Use this form when you are opening a new account, or updating your settings if you, your spouse, or any other immediate family members, including parents, in-laws, and siblings that are dependents, employed by or associated with the securities industry (for example, investment advisor, sole proprietor, partner, officer, director, branch manager or broker at a broker-dealer firm or municipal securities dealer) or a financial regulatory agency, such as FINRA or the New York Stock Exchange, and this entity requires that you obtain its approval for you to open this account.

SIMPLE IRA Employee Certification Form

Account holders use this form to complete the SIMPLE IRA (type 5304) account opening process.

SIMPLE IRA Employer Certification Form

Employers use this form to complete the SIMPLE IRA (type 5304) account opening process.

Account Servicing Forms

Account Transfer Form

Use this form to gather necessary information and signatures to transfer a corporate account or other account type that our online account transfer screens do not support, from another custodian to us.

Account Transfer Letter of Authorization Form

Use this form for account transfers where the firm sending assets to Folio will not accept an electronic signature on the transfer request. We will provide the physical client signature on this form to the transferring firm so that they will process the transfer to us, the receiving firm.

EFT Authorization Form

Use this form to set up an electronic funds transfer (EFT) link between an account owner’s domestic bank and their Folio Client account only in instances where the Folio account registration is not an exact match with the bank account registration. For example, use this form to establish an EFT link between a Folio Client joint account and an individual account at your bank. In all other cases, please set up the EFT link online.

Internal Account Transfer Form

Use this form to transfer cash and/or securities between existing Folio Client accounts.

IRA Annual Fee Check Deposit Form

Use this form to send a check to pay the annual Retirement Account Fee, instead of paying it from funds in the retirement account.

IRA Distribution Form

Use this form to request distributions from your IRA account and to close an IRA.

IRA Rollover Certification Form

Use this form to certify a rollover distribution from your a current traditional IRA, or Roth IRA, or an eligible Qualified Retirement Plan distribution that you are depositing into a Folio Investing IRA, when you have received a physical check from a qualified retirement plan.

Taxable Account Beneficiary Designation Form – Transfer on Death

Use this form to designate beneficiaries who will become the owner of the account on the death of the last surviving account owner for Individual, Joint Rights of Survivorship, Joint Tenants by Entirety, and Joint Community Property accounts.

Trustee Certification Form

Use this form to change the primary trustee, name a successor primary trustee, and/or remove a trustee on your Folio Client account.

W9 Form

Use this form to update the name on an account that is associated with a Taxpayer Identification Number (TIN) after a marriage or divorce, or to request a correction to the TIN on an account

Additional Documents

Customer Agreement

This Agreement sets forth the basic relationship between you and us, including the custodial terms of an Individual Retirement Account (IRA), a Roth Individual Retirement Account (Roth IRA) and SIMPLE Individual Retirement Account (type 5304). You sign this agreement when you first open an account, an IRA, Roth IRA, or SIMPLE Individual Retirement Account (type 5304) and agree to the current version of this document as it may be updated or amended every time you log into your account online.