IRA

An individual retirement account (IRA) allows you to save money for retirement in a tax-advantaged way.

StoneX accepts seven types of registration types for US individuals to open IRA - US accounts;

IRA Registration Types

Registration Type	Description
`IraRollover`	It allows for the transfer of assets from an old employer-sponsored retirement account to a traditional IRA.
`IraRoth`	It is an Individual Retirement Account to which one contributes after-tax dollars.
`IraRothConversion`	This is the process of repositioning one's assets in a Traditional IRA or an eligible distribution from the qualified employer-sponsored retirement plan (QRP), such as a 401(k), 403(b), or governmental 457(b) to a Roth IRA.
`IraRothRollover`	A rollover involves transferring the assets from a 401(k) to a Roth or Traditional IRA.
`IraSep`	A SEP plan allows employers to contribute to traditional IRAs (SEP-IRAs) set up for employees. A business of any size, even self-employed, can establish a SEP.
`IraSimple`	A SIMPLE IRA plan (Savings Incentive Match PLan for Employees) allows employees and employers to contribute to traditional IRAs set up for employees. It is ideally suited as a start-up retirement savings plan for small employers not currently sponsoring a retirement plan.
`IraTraditional`	A traditional individual retirement account (IRA) is a retirement account that an individual opens independently from an employer's retirement plan.

Required Attributes

The below are all the required attributes needed to open an IRA - US account.

Attributes	Data Type
`subNumber`	Integer
`accountNumber`	String
`main`	Main
`mailingAddress`	Mailing Address
`primaryOwner`	Primary Owner
`electronicDelivery`	Electronic Delivery
`retirementBeneficiaries`	Retirement Beneficiaries

Main

Attributes	Data Type	Length
`repCode`	String	4
`proxyDisclosure`	Proxy Disclosure
`sweepIndicator`	Boolean
`catAccountIdentifier`	CAT Account Identifier

Mailing Address

Attributes	Data Type	Max Length
`country`	Countries	1
`street`	String	30
`city`	String	15
`stateProvince`	US States CanadianProvinces	1
`postalCode`	String	U.S. - 9
		U.S. - 10

Primary Owner

Attributes	Data Type	Max Length	Description
`nameType`	Name Type
`name1`	String	30	INDIVIDUAL: First Name ENTITY: Name 1, `/`, `-`, `#` these special characters can be used
`name3`	String	30	INDIVIDUAL: First Name ENTITY: Name 2, `/`, `-`, `#` these special characters can be used
`citizenshipCountry`	Countries
`birthDate`	Date Format
`legalAddress`	Address
`phoneRegionHome`	Phone Region Codes
`phoneNumberHome`	String	15
`phoneRegionCell`	Phone Region Codes
`phoneNumberCell`	String	15
`phoneRegionBusiness`	Phone Region Codes
`phoneNumberBusiness`	String	15
`occupation`	Occupation
`taxIdType`	US Tax ID Types	9
`taxIdNumber`	String	9
`sourceOfFunds`	Sources of Funds
`caisCustomerType`	C.A.I.S. Customer Type
`institutionalInvestor`	Boolean		A bank, savings and loan association, insurance company, registered investment company, investment adviser, or any individual or entity with $50 million or more in assets.
`trustedContact`	Trusted Contact
`affiliation`	Affiliation

Requirements

Phone Number: At least one pair of phone information must be provided. Home, Business, or Cell phone. PhoneRegionCode and PhoneNumber.

Affiliation

Industry

Attributes	Data Type
`associated`	Boolean
`firmClearing`	Boolean
`companyName`	String

Political

Attributes	Data Type
`associated`	Boolean
`firstName`	String
`lastName`	String
`organization`	String
`relationship`	String

Public Company

Attributes	Data Type
`associated`	Boolean
`name`	String
`symbol`	String

StoneX

Attributes	Data Type
`associated`	Boolean
`name`	String
`position`	String
`relationship`	String
`affiliatedEntity`	Affiliated Entity

Electronic Delivery

Attributes	Data Type
`email`	String
`statements`	Boolean
`confirms`	Boolean
`stonexCommunications`	Boolean
`investorCommunications`	Boolean
`prospectus`	Boolean
`taxDocuments`	Boolean

Email Requirement

If all electronic delivery elections are false, the email is not required.

Retirement Beneficiaries

Attributes	Data Type	Max Length	Description
`delete`	Boolean		Remove the associated party from the account.
`primaryContingent`	Primary Contingent
`nameAddressLine1`	String	30
`nameAddressLine2`	String	30
`nameAddressLine3`	String	30
`nameAddressLine4`	String	30
`nameAddressLine5`	String	30
`nameAddressLine6`	String	30
`birthDate`	Date Format
`taxIdType`	US Tax ID Types
`taxId`	String
`relationship`	Relationship Type
`percentAllocation`	Number		Number with two decimal place

Example

{
  "accountNumber": "12345678",
  "subNumber": "301",
  "main": {
    "repCode": "JC01",
    "proxyDisclosure": "",
    "sweepIndicator": "true",
    "catAccountIdentifier": "employee"
  },
  "electronicDelivery": {
    "email": "test.person@example.com",
    "statements": false,
    "confirms": true,
    "stonexCommunications": true,
    "investorCommunications": true,
    "prospectus": true,
    "taxDocuments": false
  },
  "mailingAddress": {
    "street": "2 Perimeter Park S Suite 100W",
    "city": "Birmingham",
    "stateProvince": "AL",
    "country": "US",
    "postalCode": "35243"
  },
  "primaryOwner": {
    "nameType": "individual",
    "name1": "Sam",
    "name2": "Mayer",
    "name3": "Dao",
    "name4": "Jr",
    "citizenshipCountry": "US",
    "birthDate": "1980-05-25",
    "email": "sam.mayer.doe@example.com",
    "legalAddress": {
      "street": "2 Perimeter Park S",
      "city": "Birmingham",
      "stateProvince": "AL",
      "country": "US",
      "postalCode": "35243"
    },
    "occupation": "accountingOrAuditing",
    "jobTitle": "accountant",
    "jobIndustry": "finance",
    "employerName": "ABC Accounting",
    "employerPhoneRegionCode": "1",
    "employerPhoneNumber": "2051239879",
    "employerPhoneExtension": "1234",
    "employerAddress": {
      "street": "2 Perimeter Park S",
      "city": "Birmingham",
      "stateProvince": "AL",
      "country": "US",
      "postalCode": "35243"
    },
    "taxIdType": "SSN",
    "taxIdNumber": "123456789",
    "governmentIdentification": {
      "governmentId1": {
        "idType": "driverslicense",
        "idNumber": "AL12345",
        "idLocation": "AL",
        "idIssueDate": "2020-01-01",
        "idExpiration": "2030-01-01"
      },
      "governmentId2": {
        "idType": "passport",
        "idNumber": "E00007734",
        "idLocation": "US",
        "idIssueDate": "2020-01-01",
        "idExpiration": "2030-01-01"
      }
    },
    "sourceOfFunds": "gift",
    "phoneRegionCell": "1",
    "phoneNumberCell": "2059871212",
    "phoneRegionHome": "1",
    "phoneNumberHome": "2056961213",
    "phoneRegionBusiness": "1",
    "phoneNumberBusiness": "2056768383",
    "phoneExtensionBusiness": "1234",
    "caisCustomerType": ["Accredited", "Advisor"],
    "institutionalInvestor": "true",
    "accountsAtOtherBrokerage": ["ABC Brokerage", "XYZ Advisors"],
    "trustedContact": {
      "name": "Jane Smith",
      "relationship": "spouse",
      "phoneRegionCode": "1",
      "phoneNumber": "2056786578",
      "email": "jane.smith@example.com",
      "address": {
        "street": "2 Perimeter Park S Suite 100W",
        "city": "Birmingham",
        "stateProvince": "AL",
        "country": "US",
        "postalCode": "35243"
      }
    },
    "affiliation": {
      "political": {
        "associated": "true",
        "name": "Sam Dao",
        "organization": "Political Organization",
        "relationship": "Self"
      },
      "industry": {
        "associated": false
      },
      "publicCompany": {
        "associated": false
      },
      "stonex": {
        "associated": true,
        "name": "Tom Mayer",
        "position": "Advisor",
        "relationship": "Self",
        "affiliatedEntity": "SSIA"
      }
    },
    "maritalStatus": "single",
    "dependents": "2"
  },
  "financialProfile": {
    "annualIncome": "F",
    "netWorth": "D",
    "liquidNetWorth": "C",
    "liquidityNeed": "medium",
    "taxBracket": "twentySixtoThirty",
    "investmentTimeHorizon": "thirteenToFifteen",
    "investmentProfile": "moderate",
    "investmentExperience": {
      "stocksBonds": "extensive",
      "options": "average",
      "mutualFunds": "extensive",
      "annuities": "average",
      "alternative": "average"
    }
  },
  "largeTraders": [
    {
      "suffix": "0123",
      "status": "active",
      "id": "12345678"
    }
  ],
  "retirementBeneficiaries": [
    {
      "primaryContingent": "primary",
      "nameAddressLine1": "johnny",
      "nameAddressLine2": "bravo",
      "nameAddressLine3": "2 Perimeter Park S",
      "nameAddressLine4": "Suite 100W",
      "nameAddressLine5": "Birmingham  AL 35243",
      "birthDate": "1991-01-01",
      "taxIdType": "TaxId",
      "taxId": "980125678",
      "relationship": "other",
      "percentageAllocation": "50.30"
    },
    {
      "primaryContingent": "primary",
      "nameAddressLine1": "Timmy John ",
      "nameAddressLine2": "2 Perimeter Park S Suite 100W",
      "nameAddressLine3": "Birmingham  AL 35243",
      "birthDate": "2000-01-01",
      "taxIdType": "TaxId",
      "taxId": "987453211",
      "relationship": "spouse",
      "percentageAllocation": "49.70"
    }
  ]
}

IRA

IRA Registration Types​

Required Attributes​

Main​

Mailing Address​

Primary Owner​

Affiliation​

Industry​

Political​

Public Company​

StoneX​

Electronic Delivery​

Retirement Beneficiaries​

Example​