Account Applications and Transfer Forms

Individual

A standard, non-retirement mutual fund account for an individual.

Joint

A standard, non-retirement mutual fund account for two individuals.

Gift/Transfer to a Minor (UGMA and UTMA)

UGMA and UTMA are accounts that allow a parent/custodian to invest on behalf of and in the name of a minor. The parent/custodian controls and manages the account until the minor reaches the age of trust termination in his or her state of residence.

Trust

An account opened in the name of a trust that allows one or more trustees to control and manage assets for the benefit of the trust.

Corporation or other legal entity

An account can be opened by an authorized person or persons on behalf of and in the name of a legal entity such as a corporation, partnership, or limited liability company.

Roth IRA

A tax-advantaged retirement account where individuals contribute after-tax dollars (subject to IRS limits). Contributions and earnings enjoy tax-free growth. You can make withdrawals from a Roth IRA without paying penalties or taxes when you retire, provided you wait until the age of 59 ½, and your initial contribution was at least five years prior.

Traditional IRA

A tax-advantaged retirement account where individuals contribute pre-tax dollars (subject to IRS limits). Contributions may be fully or partially tax-deductible depending on your filing status and income. Contributions and earnings grow tax-deferred until withdrawn and distributions are taxed as income. Distributions taken before the age of 59 ½ may be subject to an early-withdrawal penalty.

SEP-IRA

An employer-provided retirement plan that allows small business owners, including self-employed individuals, to contribute to an individual retirement account (subject to IRS limits), much like a Traditional IRA, for employees. Contributions may be tax-deductible for the employer. Contributions and earnings grow tax-deferred until withdrawn by the employee and distributions are taxed as income. Distributions taken before the age of 59 ½ may be subject to an early-withdrawal penalty.

SIMPLE IRA

An employer-provided retirement plan that allows employees to invest a portion of their pre-tax salary into an individual retirement account and receive mandatory employer contributions (subject to IRS eligibility rules and limits). Contributions may be tax-deductible to the employer. Contributions and earnings grow tax-deferred until withdrawn by the employee and distributions are taxed as income. Distributions taken before the age of 59 ½ or within the first two years of participation in the account may be subject to an early-withdrawal penalty.

Transferring Assets

Transfer assets from a non-Domini IRA or other retirement plan to a new or existing Domini Roth IRA

Transfer assets from a non-Domini IRA or other retirement plan to a new or existing Domini Traditional IRA

If you are transferring to a new Traditional Domini IRA, you must attach a Traditional IRA Application. 

Convert a Traditional, SEP, or SIMPLE IRA to a new or existing Domini Roth IRA

If converting to a new Roth IRA, you must attach a Roth IRA application.

Transfer assets from a non-Domini SIMPLE IRA plan to a new or existing Domini SIMPLE IRA

If transferring to a new SIMPLE IRA, you must attach a SIMPLE IRA Application.

Coverdell Education Savings Account

A custodial account designed to help a parent/custodian pay for a child’s qualified education expenses.

If transferring to a new Coverdell ESA, you must attach a Coverdell ESA Application and Adoption Agreement.