When you actually *sign* a document on behalf of the IRA (alluded to at ~ 2:50), how EXACTLY do you sign? Eg: (1) Do you add ", trustee" or similar to indicate that your personal signature is as the trustee of the listed Equity Trust account?, (2) of do you instead add ", custodian". (3) And if you have multiple representations of your name (eg. nicknames, middle names, all sorts of variations in some cultures) which one do you use? Do you match exactly the one used for your Equity Trust account?
Hello Greg, thank you for the question, the client has to sign documents on behalf of the IRA, the titling of the IRA should be below the line and the client can sign their personal name and their role would be “account owner”.
For a Solo 401(k), the FBO typically names the account holder, not just an account number, for clear ID. Check with your custodian for privacy options.
When you actually *sign* a document on behalf of the IRA (alluded to at ~ 2:50), how EXACTLY do you sign? Eg: (1) Do you add ", trustee" or similar to indicate that your personal signature is as the trustee of the listed Equity Trust account?, (2) of do you instead add ", custodian". (3) And if you have multiple representations of your name (eg. nicknames, middle names, all sorts of variations in some cultures) which one do you use? Do you match exactly the one used for your Equity Trust account?
Hello Greg, thank you for the question, the client has to sign documents on behalf of the IRA, the titling of the IRA should be below the line and the client can sign their personal name and their role would be “account owner”.
On the Solo 401k can the last FBO be the account number for anonymity
For a Solo 401(k), the FBO typically names the account holder, not just an account number, for clear ID. Check with your custodian for privacy options.