Creating an Account

This procedure describes how to create an account for a new IRA, HSA or Coverdell Education Savings Account.

1. From the Home Screen, click New Plan.
   The Create Account Screen is displayed.
2. In the Organization list, select the organization with which to associate the new account.
   Note: For an organization to appear in this list, the organization must first be created within the system. For more information, refer to Creating an Organization.
3. In the Policy list, select the appropriate policy for the new account.
   Note: Policies are created and configured by the system administrator. For more information, refer to Creating a Policy.
4. Click Create.
   The Parties Screen is displayed.
5. In the Plan Type list, select type of plan to assign to the account.
6. Click + Account Holder.
   The Party Management Screen is displayed.

   Remember: If an Account Holder party is already assigned to an account, you cannot create a new party using the + Account Holder button. You must use the + Additional Parties button.

   Note: This step varies, depending on the type of plan selected for your transaction. The buttons for adding a party include:

   • + Account Holder
   • + Designated Beneficiary
   • + Contributor
   • + Responsible IND
   • + Successor Responsible IND
   • + Deceased Owner
7. Locate and select the party you wish to associate with the account. Alternatively, you can create a party during this time as described in Creating a Party.
   The party is added to the Account Holder list of the Parties screen.
8. Optionally, click + Additional Parties to browse and select additional parties to associate with the account.
   All selected additional parties are added to the Additional Account Parties list.
9. Click Plan Info at the top of the screen.
   The Plan Info Screen is displayed.
10. Complete the Plan Info screen as described in Plan Info Screen and click Document Data at the top of the screen.
    The Document Data Screen is displayed.
11. Make all desired document selections as described in Document Data Screen and click Print at the top of the screen.