Roth IRA
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Open
Open a Roth IRA
Account application
Use this application to open a Roth IRA.
Complete the Traditional/Roth IRA Application.IRA brochure
Use this brochure to help your client decide which type of IRA best fits their needs.
Access the Know your IRA options brochure..png/_jcr_content/renditions/cq5dam.web.1280.1280.png?ch_ck=1631577223000)
For answers to common questions, visit Opening Roth IRAs.
Transfers and rollovers
Transfer of assets or direct rollover
Use this form, along with the application, to open a Roth IRA with a transfer of assets or a direct rollover. If requesting a direct rollover, contact the entity holding the assets to determine what additional paperwork and actions may be required to move the assets to Capital Group.
Complete the Request for Transfer of Assets or Direct Rollover.
Indirect rollover
Use this form to roll an IRA or qualified plan distribution back to a Roth IRA within 60 days of receiving the assets.Complete the Indirect Rollover Request.
For additional information on moving funds, how rollovers may affect your client’s taxes and more, visit the IRA incoming transfer and rollover guide.
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Update
Update client’s personal information
Update client’s name
Complete this form and submit it with supporting documentation. Refer to the form for requirements.
Complete the Name Change Request.Update client’s address
Update the address via the client’s online account. Use the options on the right side of the page.
Note: There is a 10-calendar-day wait to process a distribution to the new address unless the distribution request is submitted in writing with a signature guarantee.
Log in to Client Accounts.
Update client’s contact information
A client’s email address and/or phone number can be updated on DST Vision® or by contacting us.
Log in to DST Vision.If your client has experienced a major life event, visit Life events for checklists to assist with account updates they may need to consider.
Add/update client’s bank accounts
Link a bank account for contributions
Add/update the bank information via the client’s online account. Use the options on the right side of the page.
Log in to Client Accounts.Link a bank account for distributions
Use this form.
Note: Unless the form is signature guaranteed, there is a 10-calendar-day wait to process a distribution to the new bank account.
Complete the Add/Update Bank Information form.
Review eligibility, restrictions, requirements and more in Managing client banking information.
Update client’s beneficiaries
Designate or update IRA beneficiaries
Use this form.
Alternatively, your client may be able to make the change by logging in to their account on the investor website.
Complete the IRA Beneficiary Change form.Order the IRA Beneficiary Designation Report
This report lists clients who have either not made a beneficiary designation or not updated their beneficiary designation in the past 5 years.
Order the IRA report.
To learn about the different types of beneficiary designations, visit IRA beneficiary designations.
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Transact
Contributions
Make a one-time contribution online
Access the client’s account online and select Buy. Be sure to have the client’s bank information on hand if it’s not already on file.
Log in to Client Accounts.Make a one-time contribution via check
Checks can be made payable to Capital Bank and Trust Company (CB&T) and should include the account number and investment instructions. Mail the check to the service center near you.
Find a service center.
Set up automatic investments
Access the client's account online and select Automatic Transactions to add or update an automatic investment plan.
Log in to Client Accounts.
For answers to common questions, visit Roth IRA contributions.
Distributions
Take a one-time distribution
Funds can be sent via check or by Automated Clearing House if the client’s bank account is already linked. Access the client’s account online and select Sell.
Log in to Client Accounts.Set up automatic distributions
Funds can be sent automatically by setting up an automatic withdrawal plan.
Complete the IRA Automatic Distribution Request.For answers to common questions, visit Roth IRA distributions.
Exchanges and rebalances
Complete a one-time exchange or rebalance
A one-time exchange or rebalance can be processed by accessing the client’s account online and selecting the appropriate option: Exchange or Rebalance.
Log in to Client Accounts.Set up an automatic exchange or rebalance plan
Automatic exchange and rebalance plans can be set up online. Access the client’s account online and select Automatic Transactions.
Log in to Client Accounts.For answers to common questions, visit Roth IRA exchanges and rebalances.
Transfers and rollovers
Transfer of assets
Use this form to transfer funds from a Roth IRA held elsewhere. Contact the entity holding the assets to determine what additional paperwork and actions may be required to move the assets to Capital Group.
Complete the Request for Transfer of Assets or Direct Rollover.Direct rollover
To transfer funds from a qualified plan held elsewhere, you or your client will need to contact the entity holding the assets to determine what paperwork and actions may be required to move the assets to Capital Group.
If the resigning trustee will accept Capital Group’s paperwork, complete the Request for Transfer of Assets or Direct Rollover.Indirect rollover
Use this form to roll an IRA or qualified plan distribution back to a Roth IRA within 60 days of receiving the assets.
Complete the Indirect Rollover Request.Outgoing transfers and rollovers
Use this form to move assets from a CB&T Roth IRA.
Complete the IRA Rollover/Transfer Request.For additional details about transferring and rolling funds into and out of a CB&T IRA,
visit the IRA incoming transfer and rollover guide or the IRA outgoing transfer and rollover guide.Conversions and recharacterizations
Conversions
Use this form to request a conversion from a traditional or SIMPLE IRA to a Roth IRA. If the Roth IRA does not already exist, include a Traditional/Roth IRA Application.
Complete the Roth IRA Request for Conversion.
Recharacterize an IRA contribution
Use this form to change the nature of an IRA contribution (recharacterize) by moving the contribution plus earnings from one type of IRA to another.
Complete the Traditional and Roth IRA Recharacterization Request.For guidelines and tax considerations when converting a traditional IRA to a Roth IRA, visit IRA conversions and recharacterizations.
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Contact us
Have questions or need additional support?
Contact us 8:00 a.m. to 7:00 p.m. ET, Monday through Friday.
For financial professionals only. Not for use with the public.
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Use of this website is intended for U.S. residents only.
The guidelines and procedures provided in the Account Resource Center may not apply to networked accounts or accounts not directly held by American Funds. The guidelines and procedures provided also apply only to those retirement accounts or Coverdell ESAs invested in American Funds with Capital Bank and Trust Company (CB&T) as custodian. The guidelines and procedures provided in the Account Resource Center do not apply to plans held in our retirement plan solutions — PlanPremier, PlanPremier-TPA or RecordkeeperDirect. Information on the Account Resource Center may change periodically, and previously printed information may not be current. Please refer to capitalgroup.com for the most current information available.
Financial professionals should always contact their back office to determine if there are any restrictions on the use of American Funds products, tools, services, websites and literature.