Open a Sphere IRA
Your privacy is important to us. We are committed to maintaining the confidentiality, integrity and security of your personal information. We restrict access to your nonpublic personal information to those persons who require such information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your nonpublic personal information. For questions about these policies, or for additional copies of the Sphere Funds Privacy Policy Statement, please contact us at 844-277-4373 (844-2SPHERE) or www.oursphere.org/fund or contact us at PO Box 46707, Cincinnati, OH 45246.
Name
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Date of Birth
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Month
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Day
Year
Social Security Number
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Social Security Number
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Phone Number
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Address
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Email
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Would you like to open a Traditional IRA or a Roth IRA?
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Traditional IRA
Roth IRA
Would you like to skip to the Transfer of Assets form?
Yes
No
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Traditional IRA
How do you plan to initially fund the account?
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Rollover from an employer 401(k) or 403(b) plan
Transfer from an existing Traditional IRA
New contribution
SEP IRA
If you're making new contributions, how much will your first investment be?
You can send this amount in by check or wire. On the next page we'll show you how to set up an automatic investment plan that can pull from your bank account via ACH at whatever time periods you prefer. You have to first fund your account by check or wire before we can initiate an automatic investment plan. There is no minimum amount.
Which tax year is this new contribution for?
Usually it's the current year, unless it's the beginning of the year and you are contributing for the prior year.
Would you like to set up an automatic investment plan?
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Yes
No
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Roth IRA
How do you want to invest?
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New contributions
Transfer from an existing Roth IRA
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Transfer
How much are you transferring from your existing Roth IRA account?
It's ok if this number is approximate - we know accounts fluctuate with the markets
When did you first open your existing Roth IRA account?
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Month
-
Day
Year
Date
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New contributions
If you're making new contributions, how much will your first investment be?
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You can send this amount in by check or wire. On the next page we'll show you how to set up an automatic investment plan that can pull from your bank account via ACH at whatever time periods you prefer, you have to first fund your account by check or wire before we can initiate an automatic investment plan. There is no minimum amount.
Which tax year is this new contribution for?
*
Usually it's the current year, unless it's the beginning of the year and you are contributing for the prior year.
Would you like to set up an automatic investment plan?
*
Yes
No
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Automatic investment plan
Your first investment will have to be by check, wire, or transfer of assets from an existing IRA. After that, we can make automatic investments from a linked bank account.
How often do you want to invest?
Monthly
Twice monthly
Quarterly
Twice annually
Annually
How much do you want invested each period?
What month do you want to start?
What day do you want to start?
What should the second day be?
Bank name
Type of bank account
Checking
Savings
Your name as listed on the bank account
Your bank account number
Bank routing/ABA number
Please upload an image of a voided check
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You can void a check by writing "VOID" across the front of the check. This image helps us confirm that you are indeed the owner of the account.
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Is there a joint owner on the bank account?
Yes
No
I authorize Sphere Funds to purchase and redeem shares via the ACH network, of which my bank is a member. Your Signature:
Joint Owner's Signature
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Beneficiaries
Use this section to designate who should receive the funds in this account in the event of your death. You will need their social security numbers, birthdays, and addresses. Primary Beneficiaries are first in line, and if none of them are living, the Contingent Beneficiaries will receive the funds. A common designation is for the accountholder's spouse to be the Primary Beneficiary and the accountholder's children to be the Contingent Beneficiaries. Note: if you have a spouse and you don't designate that spouse to receive 100% as Primary Beneficiary, you will need your spouse's signature and a witness's signature to complete this application. If you don't assign percentages, each beneficiary will receive an equal portion. If any beneficiary is no longer living, their share will be divided among the ones who are alive, in the relative proportion assigned to the surviving beneficiaries. If you do not designate beneficiaries, any funds left in this account when you die will be distributed to your estate (unless otherwise required by law).
Primary beneficiaries
Primary Beneficiary #1
First Name
Last Name
#1's relationship to you
#1's % share
#1's date of birth
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Month
-
Day
Year
Date
#1's Social Security Number
#1's Social Security Number
#1's address
Primary Beneficiary #2
First Name
Last Name
#2's relationship to you
#2's % share
#2's date of birth
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Month
-
Day
Year
Date
#2's Social Security Number
#2's Social Security Number
#2's address
Primary Beneficiary #3
First Name
Last Name
#3's relationship to you
#3's % share
#3's date of birth
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Month
-
Day
Year
Date
#3's Social Security Number
#3's Social Security Number
#3's address
Contingent beneficiaries
These are beneficiaries who receive the money if your Primary Beneficiaries are no longer living. Often a spouse is a Primary Beneficiary and children are Contingent Beneficiaries.
Contingent Beneficiary #1
First Name
Last Name
#1's relationship to you
#1's % share
#1's date of birth
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Month
-
Day
Year
Date
#1's Social Security Number
#1's Social Security Number
#1's address
Continget Beneficiary #2
First Name
Last Name
#2's relationship to you
#2's % share
#2's date of birth
-
Month
-
Day
Year
Date
#2's Social Security Number
#2's Social Security Number
#2's address
Contingent Beneficiary #3
First Name
Last Name
#3's relationship to you
#3's % share
#3's date of birth
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Month
-
Day
Year
Date
#3's Social Security Number
#3's Social Security Number
#3's address
If you have a spouse, did you enter anyone besides your spouse in the Primary Beneficiary fields?
*
Yes
No
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Spouse's signature
*
Date
*
-
Month
-
Day
Year
Date
Witness signature
*
Date
*
-
Month
-
Day
Year
Date
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Dealer/Registered Investment Advisor
If you are an investment advisor filling out this form for a client, please select Yes.
Are you opening your account through a broker/dealer or a registered investment advisor?
*
Yes
No
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Broker/Registered Investment Advisor details
Company name
Representative's name
First Name
Last Name
Head office address
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Head office phone number
Please enter a valid phone number.
Head office email address
example@example.com
Representative's branch office address
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Representative's phone number
Please enter a valid phone number.
Representative's email address
example@example.com
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Signature
You'll have a chance to review the terms and conditions in the PDF form we generate ahead of submitting your signature at the end of this form.
Signature
Date
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Month
-
Day
Year
Date
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Would you like to have Sphere reach out to your current IRA platform to ask them to transfer your assets to Sphere?
Yes
No
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Transfer of assets: Current account info
This is where you give us details on who to reach out to, to initiate the transfer.
Name of current custodian
*
Type the name of the 401(k) or IRA platform where you'll be transferring the assets from.
Address
*
Street Address
Street Address Line 2
City
State / Province
Postal / Zip Code
Your name on the account
*
First Name
Last Name
Your account number
*
Phone Number of current custodian
*
Please enter a valid phone number.
Please upload a copy of your most recent statement for this account
*
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Transfer details
If you are transferring assets from one type of account to the same type of account (i.e. Roth IRA to Roth IRA, or Traditional IRA to Traditional IRA), there are likely no tax implications. Please speak with a tax advisor if you have any questions.
What type of account are you transferring from?
Please Select
Traditional IRA
Rollover IRA
Roth IRA
SEP IRA
Roth Conversion IRA
SIMPLE IRA
Qualified Retirement Plan i.e. 401(k)
403(B) Plan / Tax Shelter Annuity
Coverdell ESA
Inherited Traditional IRA
Inherited Roth IRA
What type of account are you transferring to?
Please Select
Traditional IRA
Rollover IRA
Roth IRA
SEP IRA
Roth Conversion IRA
SIMPLE IRA
Qualified Retirement Plan i.e. 401(k)
403(B) Plan / Tax Shelter Annuity
Coverdell ESA
Inherited Traditional IRA
Inherited Roth IRA
Would you like to transfer all assets in your account, or make a partial transfer?
Full transfer: please liquidate all assets in my account
Partial transfer:
How much would you like to liquidate and transfer to your Sphere account?
When would you like to make the transfer?
Immediately
At a future date
What date would you like to make the transfer?
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Month
-
Day
Year
Date
Are you transferring from another type of IRA to a Roth IRA?
Yes
No
If so, would you like to withhold income tax?
Please Select
No income tax withholding
Withhold 10% for income tax
Withhold another amount for income tax:
Under IRA rules, a transfer of a Traditional IRA, SEP IRA or SIMPLE IRA to a Roth IRA is treated for income tax purposes as a distribution of taxable amounts in the other IRA. IRS rules also require the custodian to withhold 10% of the conversion amount for federal income taxes unless no withholding has been elected. See IRS Publication 505, “Tax Withholding and Estimated Tax” for more information. State tax withholding may also apply if federal income tax is withheld. Important: Withholding income taxes from the amount transferred (instead of paying applicable income taxes from another source) may adversely impact the expected financial benefits of transferring from another IRA to a Roth IRA (consult your financial advisor if you have a question). Because of this impact, by electing to convert a Traditional IRA to a Roth IRA, you are deemed to elect no withholding unless you select otherwise above. In so doing, by signing this form, you acknowledge that you may be required to pay estimated tax and that insufficient payments of estimated tax may result in penalties.
What percentage would you like to withhold?
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Signature authorizing transfer
You'll have a chance to review the terms and conditions in the PDF form we generate ahead of submitting your signature at the end of this form.
IRA account Owner's Signature
Date
-
Month
-
Day
Year
Date
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Review and submit
Please review the your responses and our terms and conditions using the "Preview" button and then click Submit.
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