1
2
3
4
5
Personal Info
Eligibility
ID Verification
Disclosures
Confirmation

About You

To get started, enter your personal information below.
Opening an IRARewards takes just a few minutes. To get started enter your personal information below.

Eligibility and IRA Election

Do you want to open a traditional or Roth IRA?

Review the information below to help you determine which type of IRA is the best fit for you.
Please refer to IRS Publication 590A for additional guidance.

Traditional IRA

Contributions may be fully or partially deductible from your personal tax return, depending on your circumstances. Generally, amounts in a traditional IRA (including earnings and gains) grow tax deferred, meaning account earnings and contributions are only taxed when you withdraw funds.

Eligibility
  • You or your spouse must have earned income
  • Beginning in 2020 you can make contributions at any age
  • You must track contributions on form 1040 and 8606
  • Combined IRA contributions (Tax-Deductible, Non-Deductible, and/or Roth cannot exceed the annual IRS limit; 2020 $6,000 ($7,000 if age 50 or older)
  I would like to open a Traditional IRA account
Roth IRA

Allows you to make contributions on a post-tax basis, up to a specified amount each year (determined by the IRS). Because you've already paid income taxes on the money you contribute, withdrawals of account earnings and contributions after age 59 1/2 are generally tax-free (other restrictions and exceptions may apply).

Eligibility
  • You must have earned income less than $124,000 (single tax filing status) $196,000 if married filing jointly (2020 tax year both adjusted annually)
  • Beginning in 2020 you can make contributions at any age
  • You must track contributions on form 1040 and 8606
  • Combined IRA contributions (Tax-Deductible, Non-Deductible, and/or Roth cannot exceed the annual IRS limit; 2020 $6,000 ($7,000 if age 50 or older)
  I would like to open a Roth IRA account

Identity Verification

Answer all questions below to verify your identity

To help guard against unlawful use of your identity, please answer all questions below. BPAS uses a third party database to verify your identity and does not store any information you provide. The verification process has no impact on your credit record, and it complies with all relevant local and federal privacy laws.

Once your identity has been successfully verified you may continue with your request to establish an IRARewards account.

Agreements and Disclosures

Certify That You Have Read All Documents Below

You must certify that you have read and agree to each of the following three documents by checking the box below each document. Please be sure to print a copy of each for your records.

Custodial Agreement

An IRA custodian holds the assets for your IRA and tracks account activities like contributions, transfers, distributions, and investments.

I have read and agree to the terms of the Custodial Agreement

Fee Disclosures

The IRA custodian is entitled to certain fees for maintaining and record keeping related to maintenance of your IRARewards account.

I have read and understand the fees associated with this account

EvoShare Terms of Use

BPAS has partnered with EvoShare, Inc. to provide you with an "EvoSaver" account that is tied to your IRARewards account, and will be activated when you click Establish Account in the Authorization section below.

I have read and agree to the EvoShare Terms of Use

Authorization to establish an IRARewards Account

Confirm your understanding of IRARewards and EvoShare

I am eligible to open a {IRA TYPE} IRA and will ensure my continued eligibility;

I further understand:

Establish Account