|Form Name & Function
IRA Application - Traditional or Roth IRA (Contribution)
- Open a Dodge & Cox Funds IRA and fund with a contribution. Please note, this type of account can be opened online.
IRA Application − Transfer of Assets , Rollover, or SEP IRA
- Open a Dodge & Cox Funds IRA and request a transfer of assets from a non-Dodge & Cox Funds traditional or Roth IRA
- Open a Dodge & Cox Funds IRA and request a rollover from your employer-sponsored retirement plan
- Open a Dodge & Cox Funds SEP IRA
New Account Eligibility Form:
International Stock Fund
- Provide with Account Application to
demonstrate your eligibility to open an
account in the closed International Stock Fund
Notice to Investors Residing Outside the United States
Shares of the Dodge & Cox Funds are offered for sale only in the United States and are registered for sale in all states. While you may obtain prospectuses and other information about our Funds at this website, our Funds are not registered for sale in any other country. We will only mail prospectuses and other information to U.S. addresses, and we will only establish accounts with a U.S. address.
Below are some commonly asked questions regarding IRAs.
An Individual Retirement Account (IRA) is a custodial
account created to provide individuals a simple
tax-advantaged way to accumulate funds for retirement. There are two basic types of IRAs — traditional and Roth.
What is the contribution limit?
The maximum contribution
allowed if you are under age 50 is $5,500 for 2015
(subject to subsequent annual increases for
inflation in $500 increments, as published by the
IRS). If you are age 50 or older, the maximum
contribution increases by $1,000.
What is the difference between a traditional IRA and a Roth IRA?
With a traditional IRA, you
may contribute up to the maximum contribution limit
for the year, for each year until the year you reach
age 70½, and you may be able to deduct the
contribution from taxable income, thereby reducing
your current income taxes. Taxes on investment
earnings are deferred until the money is withdrawn.
Withdrawals are taxed as additional ordinary income
when received. Nondeductible contributions, if any,
are withdrawn tax free. Withdrawals before age 59½
are assessed a 10% “premature withdrawal penalty”
unless an exception applies. You are required to
begin taking withdrawals from your traditional IRA
after you reach age 70½.
With a Roth IRA, the
contribution limits are essentially the same as for
a traditional IRA, but there is no tax deduction for
contributions. All earnings in the account are tax
free. Most importantly, you do not pay income taxes
on qualified withdrawals from your Roth IRA, if
certain requirements are met. Additionally, unlike a
traditional IRA, there is no prohibition on making
contributions to Roth IRAs after reaching age 70½,
and there is no requirement that you begin making
minimum withdrawals at that age.
Which is better, a Roth IRA or a traditional IRA?
This depends upon your
individual situation. A contribution to a
traditional IRA may be tax deductible, while a
contribution to a Roth IRA is not deductible. Also,
the benefits of a traditional IRA versus Roth IRA
may depend upon a number of other factors including:
your current income tax bracket vs. your expected
income tax bracket when you make withdrawals from
your IRA, whether you expect to be able to make
nontaxable withdrawals from your Roth IRA, how long
you expect to leave your contributions in the IRA,
and how much you expect the IRA to earn in the
We suggest that you consult with a financial or tax
advisor to determine whether you should establish a
traditional or Roth IRA or convert any or all of an
existing traditional IRA to a Roth IRA. Your tax
advisor can also advise you as to the state tax
consequences that may affect whether a traditional
or Roth IRA is better for you.
What are the eligibility requirements for a traditional IRA?
You are eligible to establish and contribute to a traditional IRA for a year if:
- You received compensation (or earned income, if you are self-employed) during the year for personal services you rendered. If you received taxable alimony, this is treated like compensation for IRA purposes. Compensation does not include amounts received as a pension or annuity, amounts received as deferred compensation, amounts derived from or received as earnings or profits from property, such as interest, dividends and rent, or any amount not includable in gross income.
- You did not reach age 70½ during the year.
What are the eligibility requirements for Roth IRA?
You are eligible to establish and contribute to a Roth IRA for a given year if:
- You received compensation during the year
for personal services you rendered (or earned
income, if you are self-employed), subject to
certain income limits. If you received taxable
alimony, this is considered compensation for IRA
purposes. Compensation does not include amounts
received as a pension or annuity, amounts
received as deferred compensation, amounts
derived from or received as earnings or profits
from property, such as interest, dividends and
rent, or any amount not includable in gross
- In contrast to a traditional IRA, you may
continue making contributions to a Roth IRA
after you reach age 70½.
Rules and Tax Matters
How are my IRA contributions invested?
You control the investment
and reinvestment of contributions to your Dodge &
Cox Funds — State Street Bank and Trust Company IRA.
Investments must be in one or more of the Dodge &
Cox Funds. You direct the investment of your IRA by
giving your investment instructions to the Transfer
Agent for the Fund(s) as described in the Fund
prospectus. Since you control the investment of your
IRA, you are responsible for any losses; neither the
Funds, the Custodian, nor the Transfer Agent has any
responsibility for any loss or diminution in value
occasioned by your exercise of investment control.
Transactions for your IRA will generally be at the
next-determined net asset value per share for shares
of the Fund(s) involved after the Transfer Agent
receives proper investment instructions from you.
You should consult the current prospectus for the
Dodge & Cox Funds for additional information.
Before making any investment, carefully read the
current prospectus for any Fund you are considering
as an investment for your traditional or Roth IRA.
The prospectus will contain information about the
Fund’s investment objectives and policies, as well
as minimum initial investment requirements and any
Because you control the
selection of investments for your IRA and because
mutual fund shares fluctuate in value, the growth in
value of your IRA cannot be guaranteed or projected.
What IRA reports does the Custodian issue?
The Custodian will report all withdrawals to the IRS and
the recipient on the appropriate form. For reporting
purposes, a direct transfer of assets to a successor custodian
or trustee is not considered a withdrawal (except for a
direct transfer that effects a conversion of a traditional
IRA to a Roth IRA, or a recharacterization of a Roth IRA
back to a traditional IRA).
The Custodian will report to the IRS the year-end
value of your account and the amount of any rollover
(including conversions from a traditional IRA to a Roth
IRA) or regular contributions made during a calendar
year, as well as the tax year for which a contribution is
Unless the Custodian receives an indication from
you to the contrary, it will treat an amount received as a
contribution for the tax year in which it is received. It is
important that a contribution made between January 1
and April 15 for the prior year be clearly designated
Are the earnings on my traditional IRA taxed?
Any earnings on the investments held in your traditional
IRA are generally exempt from federal income taxes and
will not be taxed until withdrawn by you, unless the
tax-exempt status of your traditional IRA is revoked.
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