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I recently opened a Fidelity Roth IRA and it says my account is closed and I need to submit a W-9 form. Can anyone explain how this form relates to an IRA and why I need to fill it out?Financial institutions are required to obtain tax ID numbers when opening an account, and the fact that it's an IRA doesn't exempt them from that requirement. They shouldn't have opened it without the W-9 in the first place, but apparently they did. So now they had to close it until they get the required documentation.
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People also ask
Did Lincoln buy Liberty Mutual?Lincoln Financial Group has closed on its $3.3 billion acquisition of Liberty Life Assurance Co. of Boston. Lincoln Financial (NYSE: LNC) , based in Radnor, Penn., announced its plans to acquire Liberty from Liberty Mutual Insurance Group in January. The acquisition was financed with cash and issuance of debt.
Is Lincoln Financial a mutual company?Lincoln National Corporation is a Fortune 250 American holding company, which operates multiple insurance and investment management businesses through subsidiary companies. Lincoln Financial Group is the marketing name for LNC and its subsidiary companies.
Who bought out Liberty Mutual?BOSTON, April 15, 2019 /PRNewswire/ -- Liberty Mutual Insurance announced today it has signed a definitive agreement to acquire the global surety and credit reinsurance operations of AmTrust Financial Services, Inc.
Did Liberty Mutual get bought out?Lincoln Financial has agreed to acquire Liberty Life Assurance Company from Liberty Mutual and keep Liberty Life's group benefits business.
Who owns Lincoln Financial?Our parent company, Lincoln National Corporation, and its affiliates operate under the marketing name of Lincoln Financial Group.