IRA Adoption Agreement And Plan Document

What Does IRA Adoption Agreement And Plan Document Mean?
A contract between an IRA holder and the financial institution that explains the provisions of the holder's IRA plan.

Investopedia explains IRA Adoption Agreement And Plan Document
Things you can find in an adoption agreement and plan document include items such as allowable investments, contribution limits, rules for deducting an IRA contribution, distribution rules and the rights of the IRA owner. An IRA is not considered "established" until the IRA holder signs the agreement.