Opening a SIMPLE IRA
Opening a Simple IRA requires more forms / information than a Traditional IRA. Schwab cannot open a Simple Plan account for a participant (client) without the Plan being established at Schwab with a Plan master.
While an IRA Application opens an account, the Adoption Agreement is required to establish the plan. The Employer's agreement is a contract between the employer (client) and Schwab.
To get started on the Adoption Agreement and Employer Agreement, please upload all of the required information to Box.com
To get started on the Participant Account(s), please upload all of the required information to Box.com