Self Directed Roth 401K by jde13282

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									                                    DESTINY FUNDING LLC
                                  968 E. Chambers Street Suite 5
                                         Ogden, UT 84403
                                      1-877-800-DEST (3378)
               Fax 1-801-479-8703, email: Office@Destinyfundingllc.com
                         ACCOUNT SERVICES AGREEMENT
          This Service Agreement (“Agreement”) is hereby entered into as of (Date of Agreement)
_____________________________________ by and between Destiny Funding LLC (hereinafter referred
to as “DESTINY”) 968 E. Chambers Street, Suite 5, Ogden, UT 84403 and (Client’s Name)
_________________________________________________________ (hereinafter referred to as
“Client”) of (Clients Address/Not a P.O. BOX NO.) ________________________________
____________________________________________________________________________________.

DESTINY is a service company that acts as an intermediary for the account of the CLIENT, assuring the
Client’s account(s) held by the Administrator or Custodian, a separate entity from DESTINY, and
designated by DESTINY, is maintained and directed in the manner the CLIENT desires. DESTINY
serves as customer service to the CLIENT to facilitate the transactions of the CLIENTS account(s).
DESTINY DOES NOT PROVIDE INVESTMENT ADVICE.

CLIENT desires a service company to facilitate the account held by the Administrator or Custodian. As
consideration for the services provided by Administrator or Custodian client agrees to pay fees to the
Administrator/Custodian as follows:
        1. The customary Set-Up Fee on the initial funding of the account established by the
            Administrator/Custodian.
        2. Annually a fee of one-tenth of 1% of the account value, on each anniversary date thereafter.

All fees will be paid to Administrator or Custodian through each Self-Directed Account. Client
authorizes DESTINY to contact Client and Administrator or Custodian to complete this transaction.

The Parties to this Agreement agree as follows:

SERVICES. DESTINY will provide the services of “facilitator” to help the CLIENT establish and set up
Self-Directed Retirement Accounts or other accounts and to provide customer service for the CLIENT
accounts. In addition, DESTINY may provide additional services to CLIENT, including, but not limited
to the following:
        1. Accounting services
        2. Monitoring the activities of the Administrator or Custodian
        3. Educational seminars
        4. Summarizing annual performance for the accounts
        5. Identifying other professionals that may assist the CLIENT to conduct business.

FEES AND PAYMENT. As consideration for the facilitator services provided herein, CLIENT agrees
to pay fees to DESTINY as Follows: Fee of one percent (1%) of the account value upon the initial
funding of the account and annually a fee of one percent (1%) of the account value on each anniversary
date thereafter. This fee is in addition to any fee charged by the Administrator or Custodian. Please
indicate preferred payment method.


Destiny Funding LLC                        (rev. 5/16/07)                                Page 1 of 3
    □   All Destiny fees will be invoiced directly to the CLIENT upon funding of each Self-Directed
        Account(s). Fees that are not paid within 30 days of invoice will be automatically invoiced
        and withdrawn from the assets of each of the CLIENT’s Self-Directed Account(s) held by
        the Administrator or Custodian.

    □   Alternatively, Client may choose to have Destiny fees withdrawn from the assets of the Self-
        Directed Account without billing CLIENT directly.

SEVERABILITY. If any court determines that any provision of this agreement is invalid or
unenforceable, any invalidity or unenforceability will affect only that provision and will not make any
other provision of this agreement invalid or unenforceable and shall be modified, amended or limited only
to the extent necessary to render it valid and enforceable.

NOTICES. All notices must be in writing. Notice must be delivered to a party at the address that
follows a party’s signature below or to a new address that a party designates in writing. A notice must be
delivered by certified mail/over-night courier.

ENTIRE AGREEMENT. This Agreement constitutes the complete agreement between the parties
regarding the subject matter hereof, and supersedes any prior or contemporaneous communications,
representations or agreements between the parties, whether oral or written. This Agreement may be
amended upon the prior written consent of the parties.

GOVERNING LAW. GOVERNING LAW. THIS AGREEMENT AND ALL AMENDMENTS
HERETO SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS
OF THE STATE OF UTAH APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED
THEREIN.

AMENDMENT & TERMINATION. The Client irrevocably delegates to Destiny the right and power to
amend this Agreement. Except as hereafter provided Destiny will give the Client 30 days written notice of
any amendment. The Client shall be deemed to have consented to any such amendment unless the Client
notifies Destiny to the contrary with 30 days after notice to the Client and requests a termination of the
account.

The Client may terminate this Agreement at any time by delivery of written notice of such termination to
Destiny. The Client agrees that upon termination at any time that all fees paid to Destiny are non-
refundable and no pro-ration of fees will be made, in lieu of separate termination fees.

Destiny shall not be liable for the acts or omissions of its successor.

PRIVACY POLICY: We collect nonpublic personal information about you that is provided to us by you
or obtained by us with your authorization.

For current and former clients, we do not disclose any nonpublic personal information obtained in the
course of our business except as required or permitted by law. Permitted disclosures include, for instance,
providing information to our employees, and in limited situations, to unrelated third parties who need to
know that information to assist us in providing services to you. In all such situations, we stress the
confidential nature of information being shared.

We retain records relating to professional services that we provide so that we are better able to assist you
with your needs and, in some cases, to comply with professional guidelines. In order to guard your
nonpublic personal information, we maintain physical, electronic, and procedural safeguards that comply
with our professional standards.

BY SIGNING THIS AGREEMENT, CLIENT UNDERSTANDS THAT DESTINY SHALL NOT BE
REQUIRED TO PROVIDE PROPERTY MANAGEMENT OR ADMINISTRATION, INCOME OR
Destiny Funding LLC                          (rev. 5/16/07)                               Page 2 of 3
RENT COLLECTION, VERIFICATION OF INSURANCE COVERAGE OR TAX PAYMENTS ON
PROPERTY, PURSUE COLLECTION, INSTIGATE LITIGATION, MONITOR PAYMENTS ON A
NON-RECOURSE PROMISSORY NOTE, OR TAKE ANY OTHER ACTION WITH REGARD TO
THE PROPERTY TO WHICH THIS AGREEMENT APPLIES EXCEPT AT THE EXPRESS
DIRECTION OF CLIENT.

THE PARTIES AGREE THAT ALL CLAIMS AND DISPUTES OF EVERY TYPE AND MATTER
WHICH MAY ARISE BETWEEN THE CLIENT AND DESTINY, INCLUDING ANY DISPUTES
REGARDING THE SCOPE OF THIS ARBITRATION AGREEMENT, SHALL BE RESOLVED BY
BINDING ARBITRATION ADMINISTERED BY THE NATIONAL ARBITRATION FORUM
UNDER THE CODE OF PROCEDURE THEN IN EFFECT. ANY AWARD OF THE ARBITRATOR
MAY BE ENETERED AS A JUDGMENT IN ANY COURT HAVING JURISDICTION. IN ANY
MATTER IN WHICH THE AMOUNT IN DISPUTE EXCEEDS $100,000.00, THE ARBITRATION
PROCEEDINGS SHALL TAKE PLACE IN OGDEN, UTAH. IN THE EVENT A COURT HAVING
JURISDICTION FINDS ANY PORTION OF THIS AGREEMENT UNENFORCEABLE, THAT
PORTION SHALL NOT BE EFFECTIVE AND THE REMAINDER OF THE AGREEMENT SHALL
REMAIN EFFECTIVE. INFORMATION MAY BE OBTAINED AND CLAIMS MAY BE FILED AT
ANY OFFICE OF THE NATIONAL ARBITRATION FORUM, WWW.ARBITRATION-FORUM.COM
OR AT P.O. BOX 50191, MINNEAPOLIS, MN 55045. THIS AGREEMENT SHALL BE GOVERNED
BY AND INTERPRETED UNDER THE FEDERAL ARBITRATION ACT, 9 U.S.C. SECTIONS 1-16.

BY SIGNING THIS AGREEMENT, THE PARTIES ARE GIVING UP ANY RIGHT THEY MIGHT
HAVE TO SUE EACH OTHER IN COURT AND HAVE THEIR CASE DECIDED BYA JUDGE OR
JURY.

This agreement is accepted by Destiny in, and administered under, the laws of the State of Utah. All
transactions to Destiny shall be deemed to take place in the State of Utah.



By: _________________________________________________________ Date:___________
    Managing Member
    Destiny Funding
    968 E. Chambers Street, Suite 5, Ogden, Utah 84403


(Client Signature)_____________________________________________ Date:___________



Please Indicate Self-Directed:         Roth IRA ________            Traditional IRA _______

Transfer From Existing IRA _______     Transfer From 401k ______    New Contribution______

Transfer From Deferred Pension Plan ______

Estimated Account Value Transferring In: $______________________________________

Home Phone: (_______)____________________ Fax number:(_______)________________

Work Phone: (_______)____________________ Cell Phone: (_______)________________

Email Address:        _______________________________________________________________

Destiny Funding LLC                     (rev. 5/16/07)                             Page 3 of 3

								
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