IRA and Roth IRA 'Open and Fund' Kit - All the forms you need to begin self-directing your retirement through an IRA and Roth IRA. This kit includes
the IRA Application, IRA Funding Form, IRA Owner Agreement and Disclosure Statement, and IRA Fee Schedule.
SEP IRA 'Open and Fund' Kit - All the forms you need to begin self-directing your retirement through a SEP IRA. In addition to the above Open and Fund forms, this kit also includes the IRS form, 5305 SEP.
Solo(k) Plan Document - You will need to read this document and either print - OR - save it to your hard drive. (Note: It consists of more than 50 pages.)
In Kind Transfer/Rollover Requirements Kit- Use these lists of requirements when transferring existing assets to PENSCO Trust 'in kind' (i.e., not liquidating them and transferring as cash) from another custodian.
Fund an Existing Account
IRA
IRA Funding Form - Use this form to fund a PENSCO
Trust IRA, SEP IRA, or Roth IRA via transfer or rollover from another qualified account.
In Kind Transfer/Rollover Requirements Kit- Use these lists of requirements when transferring existing assets to PENSCO Trust 'in kind' (i.e., not liquidating them and transferring as cash) from another custodian.
Solo(k)
Solo(k) Rollover - Use this form to certify a Direct Rollover from a plan of a previous employer or a 60-Day Rollover of funds from an IRA to a PENSCO Trust Solo(k).
Solo(k) Contribution - Use this form to make a new contribution to a PENSCO Trust Solo(k).
Solo(k) In-House Rollover - Use this form for consolidating PENSCO Trust IRAs and SEP IRAs
into your PENSCO Trust Solo(k)
Make an Investment
File a New Investment with PENSCO Trust
File a New Investment Kit
- This kit includes everything an Investment Issuer needs to make an Investment ready for a PENSCO Trust Account Holder.
IRA
Real Estate Purchase Kit
- All the forms you need to purchase real estate using your PENSCO Trust IRA. This kit includes the Real Estate Purchase Checklist,
IRA Non-Public Investment Authorization, and Payment and Funding Instructions forms.
Private Placement Investment Kit
- All the forms you need to invest into a private placement (e.g., LLC, LP, C-Corp, etc.) using your PENSCO Trust IRA. This kit includes the File a New Investment Kit,
IRA Non-Public Investment Authorization, and Payment and Funding Instructions forms.
Secured Loan Investment Kit
- All the forms you need to invest into a secured loan using your PENSCO Trust IRA. This kit includes the Secured Loan Checklist,
Deed of Trust/Mortgage Direction Letter, Loan Servicing Agreement, and Payment and Funding Instructions forms.
Unsecured Loan Investment Kit
- All the forms you need to invest into an unsecured loan using your PENSCO Trust IRA. This kit includes the Unsecured Loan Checklist,
Unsecured Loan Authorization, Loan Servicing Agreement, IRA Non-Public Investment Authorization, and Payment and Funding Instructions forms.
Solo(k)
Real Estate Purchase Kit
- All the forms you need to purchase real estate using your PENSCO Trust Solo(k). This kit includes the Real Estate Purchase Checklist,
Solo(k) Non-Public Investment Authorization, and Payment and Funding Instructions forms.
Private Placement Investment Kit
- All the forms you need to invest into a private placement using your PENSCO Trust Solo(k). This kit includes the File a New Investment Kit,
Solo(k) Non-Public Investment Authorization, and Payment and Funding Instructions forms.
Secured Loan Investment Kit
- All the forms you need to invest into a secured loan using your PENSCO Trust Solo(k). This kit includes the Secured Loan Checklist,
Deed of Trust/Mortgage Direction Letter, Loan Servicing Agreement, Solo(k) Non-Public Investment Authorization, and Payment and Funding Instructions forms.
Unsecured Loan Investment Kit
- All the forms you need to invest into an unsecured loan using your PENSCO Trust Solo(k). This kit includes the Unsecured Loan Checklist,
Unsecured Loan Authorization, Loan Servicing Agreement, Solo(k) Non-Public Investment Authorization, and Payment and Funding Instructions forms.
Account Maintenance
IRA Authorization
for Distribution - Complete and sign to receive a distribution
of funds from your IRA, whether it be a one-time distribution
or to schedule a periodic distribution of funds. You may also
use this form to take a total distribution of your assets, which
will terminate your PENSCO Trust IRA. (Do not use this form to instruct
us to send funds to a third party. If you intend to transfer funds to a third party custodian, please contact
them for a transfer request form.)
Account Access Authorization - Complete and sign
this form to update or change your Account's Designated Representative or Authorized Interested Party
information. The signatures of both the Account Holder and the representative are required.
Forms and Documents Listed Individually Still looking for the form you need? Below are all our forms and documents listed individually, categorized by function. Remember, you can
always call our Client Service Team for help toll-free at 800-969-4472.
'Open and Fund'
IRA Application - Use this form to open an IRA, SEP
IRA, or Roth IRA. (Please note: To open a SEP IRA, in addition to the IRA Application, a 5305-SEP form will need to be submitted.
IRA Funding Form - Use this form to fund a PENSCO
Trust IRA, SEP IRA, or Roth IRA via transfer or rollover from another qualified account.
IRA Fee Schedule
Click here
for a printable version of the fee schedule.
Click here to use our
fee calculator to estimate your Account's Annual Maintenance Fee.
5305-SEP
- This IRS form is required to open a SEP IRA. Please complete and include with your IRA Application.
5305-EA
- This IRS form is required to open a Coverdell Education Savings Account. Please complete and include with your IRA Application.
Solo(k) Plan Document - You will need to read this document and either print - OR - save it to your hard drive. (Note: It consists of more than 50 pages.)
In Kind Transfer/Rollover Requirements Kit- Use these lists of requirements when transferring existing assets to PENSCO Trust 'in kind' (i.e., not liquidating them and transferring as cash) from another custodian.
Investment Forms and Document Checklists
File a New Investment Kit: Private Investment Guidelines - These guidelines are to simplify an understanding of PENSCO Trust’s requirements for the processing of non-publicly traded investments. This page outlines the processing requirements for funding a private placement within a PENSCO Trust Account. Issuer Representation Letter - This form must be completed and signed by the Issuer prior to PENSCO Trust’s acceptance of the Issuer’s investment. PENSCO Trust will not execute an Account Holder’s investment transaction prior to receiving this form. Private Investment Submission Guidelines - These guidelines define the information pertaining to a private placement (e.g. LLC, LP, etc.) required by PENSCO Trust prior to processing an Account Holder's investment into it.
Real
Estate Purchase Checklist - Expedite your purchase by
providing the required documents to PENSCO Trust the first time. Our handy checklist details which documents are required or optional.
Secured
Loan Checklist- A list of forms and
documents necessary to make a secured loan from your Account (i.e., Deed of
Trust or Mortgage Note).
Unsecured Loan Checklist- A list of forms and
documents necessary to make an unsecured loan from
your Account to an individual or entity.
Investment Forms
IRA Non-Public Investment
Authorization
- Complete and sign this form to initiate a non-publicly traded
investment (i.e., when investing in real property, unsecured
notes, private placements, etc.
IRA Public Investment
Authorization - Use
this form to invest in publicly-traded assets such as CDs or
Mutual funds, or to open a Brokerage Account at the firm of
your choice!
Solo(k) Non-Public Investment
Authorization
- Complete and sign this form to initiate a non-publicly traded
investment (i.e., when investing in real property, unsecured
notes, private placements, etc.
Solo(k) IRA Public Investment
Authorization - Use
this form to invest in publicly-traded assets such as CDs or
Mutual funds, or to open a Brokerage Account at the firm of
your choice!
Payment
and Funding Instructions - Complete and sign this form
to provide detailed instructions on how to fund your investment.
(Use the Payment and Funding Instructions to help expedite your
investment by providing detailed instructions.) This form is also used to authorize the payment of expenses associated with your investment.
Loan
Servicing Agreement - PENSCO Trust does not service loans!
Please complete and return this form for both secured and unsecured
loans.
Unsecured Loan Authorization- This is the authorization
form PENSCO Trust needs to make an unsecured loan from your
IRA to an individual or entity.
Account Maintenance
IRA Authorization
for Distribution - Complete and sign to receive a distribution
of funds from your IRA, whether it be a one-time distribution
or to schedule a periodic distribution of funds. You may also
use this form to take a total distribution of your assets, which
will terminate your PENSCO Trust IRA. (Do not use this form to instruct
us to send funds to a third party. Please contact the party
directly.)
Client Contact Information Update/Change - Complete and sign
this form to update or change your contact information, including address, phone number, and email address.
IRA
Beneficiary Update/Change - Complete and sign
this form to update or change your account beneficiary information.
Account Access Authorization - Complete and sign
this form to update or change your Account Designated Representative or Authorized Interested Party's
information. The signature of both the Account Holder and the representative is required.
Credit
Card Authorization Form - Complete and sign this
form to update your account with current credit card information.
Fax Cover Sheets In order to expedite processing,
please print and use the following fax cover sheets to route your
documents to the appropriate department.
Client
Services - Use for inquiries regarding general
account information, i.e., account balances, billing options,
beneficiaries, transaction statuses, etc.
Marketing
- Use for Preferred Professional application forms.
Business
Development - Use to request information on PENSCO Trust's products and services.
Private
Placements - Use to submit paperwork regarding your private placement investment(s), such as when you are submitting paperwork regarding an LLC, LP, or private C-Corp, or faxing in instructions to invest in one of the previous entities.
Real Estate - Use for real estate investment transactions (purchases, mortgage notes/deeds of trust, etc.).
Transfers
In - Use only for confirmation of in-kind asset re-registrations
(changes to asset vesting). DO NOT use for transfer request
forms unless authorized to do so by a PENSCO Trust representative.
(Your relinquishing custodian will normally require us to send
the original.)
Deposits - Use to communicate additional detail, breakdown and/or description
of deposits and payments made in to your account at PENSCO Trust.
Expense Payment - Submit in conjunction with Payment and Funding Instructions form for expense payments.
