Author Topic: Question on Vanguard Agent Authorization - diff between Indiv & Trad accounts  (Read 1691 times)

NotCreativeName

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I am trying to fill out the paperwork to become the agent for my husband's Vanguard account and there are differences in what a full and limited agent can do based on whether the accounts are Traditional IRA and Roth accounts or they are Individual IRA and Roth accounts.  I've never heard of this distinction and Vanguard's glossary of terms doesn't help.  Can anyone explain?  Thanks.

protostache

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I have no idea, but the Vanguard phone support people are typically very knowledgable when it comes to this sort of thing. I would suggest giving them a call and asking for an explanation.

MDM

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I am trying to fill out the paperwork to become the agent for my husband's Vanguard account and there are differences in what a full and limited agent can do based on whether the accounts are Traditional IRA and Roth accounts or they are Individual IRA and Roth accounts.  I've never heard of this distinction and Vanguard's glossary of terms doesn't help.  Can anyone explain?  Thanks.
All IRAs are Individual: that is what the "I" stands for.  So I'm as baffled as you and protostache.  Do you have screen prints or URLs for the different situations?

Spork

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By "agent" ... do you mean "grantee"? 

On our accounts, DW and I have set up "grantee" access.  There is no distinction on ours for authority difference between Traditional and Roth IRAs.  We have full authority over each other's accounts.