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Open a Midas Account

Investing with Midas is easy. You can create an online account, link your bank account, and invest by clicking “Online Application” below, or print and fill out an account application below and mail it with your check to Midas at P.O. Box 46707, Cincinnati, OH 45246-0707.

You can open one or more of the following Midas accounts

Each application is simple with step-by-step instructions to help you get started.

There is a $1,000 Minimum Investment to open a regular (or Uniform Gift/Transfer to a Minor) account, retirement (IRA) or education savings account.

There is no minimum if you start an Systematic Investment Program, making at least $100 monthly investments. Systematic investing is safe, easy, and convenient — just fill in the appropriate information on the online or paper application.

Regular Account Applications

Regular Account ApplicationOnline ApplicationPaper/PDF Application
Uniform Gift/Transfer to a Minor Account ApplicationOnline ApplicationPaper/PDF Application
Individual Retirement Account (IRA) ApplicationOnline ApplicationPaper/PDF Application
Beneficiary Designation for Transfer on Death Form-Paper/PDF Application
Coverdell Education Savings Account (ESA) Application-Paper/PDF Application
Health Savings Account Application (HSA)-Paper/PDF Application
Individual, Joint or UGMA/UTMA ApplicationOnline ApplicationPaper/PDF ApplicationFAQs
Application for Corporations, Trusts and Other Entities-Paper/PDF ApplicationFAQs
Trust Certification FormForm

Retirement Account Applications

Traditional and SEP-IRA Accounts
Save for retirement and gain tax advantages. Anyone under age 70-½ with earned income can contribute to a traditional IRA, or a Simplified Employee Pension IRA (SEP IRA, a retirement plan specifically designed for, and funded by, self-employed people and small-business owners). Contributions may be tax deductible, and taxes on earnings are deferred until you withdraw funds from the account, so your investments have the opportunity to compound faster.

Roth IRA Accounts
Roth IRA accounts have no mandatory annual distribution requirements, and you can contribute beyond age 70-½. Eligibility depends on income.

SIMPLE IRA Accounts
The Savings Incentive Match Plan for Employees (SIMPLE) plan is devised specifically to help satisfy the needs of small businesses with 100 or fewer employees. SIMPLE plans allow employee contributions and a limited employer contribution.

Traditional and SEP IRA AccountsOnline ApplicationPaper/PDF ApplicationAgreement & DisclosurePaper/PDF Rollover FormFAQs
Roth IRA AccountsOnline ApplicationPaper/PDF ApplicationPaper/PDF Transfer FormPaper/PDF Distribution FormAgreement & DisclosurePaper/PDF Change of Beneficiary FormPaper/PDF Rollover FormFAQs
SIMPLE IRA Accounts-Paper/PDF ApplicationAgreement & DisclosureFAQs

Education and Health Savings Applications

Coverdell Education Savings Accounts (ESA)
An education savings account (ESA) is a plan set up and managed by a parent or guardian for a minor. Amounts deposited in the account can grow tax-deferred until distributed, and the child will not owe tax on any withdrawal for qualified primary, secondary and/or higher education expenses.

Health Savings Accounts (HSA)
A Health Savings Account (HSA) is a new, portable, savings account that allows you to set aside money for health care tax-free. You must have high deductible health insurance to open an HSA. Different from other benefit products, an HSA rolls over from year to year (there is no “use it or lose it”), interest is paid, money can be invested in mutual funds, and it is owned by you, not your employer.

Education Savings Accounts-Paper/PDF ApplicationTransfer FormDistribution FormAgreement & DisclosureChange of BeneficiaryFAQs
Health Savings Accounts-Paper/PDF ApplicationTransfer FormDistribution FormAgreement & DisclosureChange of BeneficiaryFAQs

Systematic Investing Plans

Systematic monthly investing can reduce normal investor anxiety over investing in a rising or falling market or buying
all of your shares at market highs. With Midas, you can get started with regular monthly investing with as little as $100 a month by signing up through the Midas Systematic Investment Program. With the Systematic Investment Program, you decide now to invest a certain amount each month in the future for as long as you like and Midas will automatically transfer the money from your bank account for investment in your designated Midas account. Although this program cannot assure a profit, protect against loss in a declining market, or eliminate the risk of permanent loss, we believe it can result in a lower average cost for your Midas purchases. You should consider your ability to continue your Midas purchases through periods of low price levels before undertaking such a strategy.

Systematic Purchase/Withdrawal Form
Arrange for automatic investment into your Midas account or systematic withdrawal — bi-weekly, monthly, quarterly, annually or semi-annually — between your bank account and your Midas account.

Systematic Salary Investing Plan
Have your employer automatically deduct and invest a pre-determined part of your salary into your Midas account.

Systematic U.S. Government Direct Deposit Form
Have your U.S. Government payment directly deposited to your Midas account.

FormsApplication
Systematic Purchase/Withdrawal FormPaper/PDF Application
Systematic Salary Investing PlanPaper/PDF Application
U.S. Government Direct Deposit FormPaper/PDF Application
Gift Transfer FormPaper/PDF Application

Gift Transfer Form

Use this form to give shares from your Midas account as a gift to an individual or a charity. Since the transfer of shares does not result in a sale of securities the donor does not incur a taxable event; however, a gift tax may be applicable.

Uniform Gift/Transfer to a Minor Account ApplicationOnline ApplicationGift Transfer Form

Midas Forms Library



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