IRA Custodian

[RNuse09]

Does anyone know how a custodian over several IRA accounts would fill out a W-9. I'm thinking since the IRA is a separate entity that the custodian would have to fill out several W-9's, the only difference in the W-9's being the FBO name. Does anyone agree or disagree with this?

Thanks,

Rich

[Golden Rocket]

Disagree, Sorta

"sorta" because I do not operate in the world of IRA custodians, and certainly not enough to pose a valid argument either way.

When you are speaking of IRA custodians you are speaking of a highly regulated industry. These include everything from Bank of America
to Fidelity Funds. I would think the disclosure requirements far exceed the issuance of a W-9.

Maybe I've missed something...are these the "custodians" of whom you speak?

[RNuse09]

Custodian

When I say custodian I mean Fidelity, Charles Schwab, etc. I would think these institutions would be required to provide a W-9 for FATCA purposes.

[Burke]

Provide it to whom? FATCA applies to foreign institutions reporting income to the IRS.

[RNuse09]

IRA invests in foreign fund

The W-9 would be provided by the custodian of the IRA to the foreign fund that that the IRA is investing in.

[Burke]

Then, it sounds to me that you had it right in your original post. One for each fund.