Open an M1 Inherited IRA
Updated over a week ago

To open an Inherited IRA, also known as a "Beneficiary IRA" at M1, you will need to have an open and active M1 account and complete the necessary documentation. If you don’t already have an M1 account, please follow the steps listed here.

Please note: An Inherited IRA cannot be opened from within your account.

You can find the Beneficiary IRA forms linked below:

While filling out the appropriate form, please make sure to include the name of the deceased in the appropriate box.

Once you have submitted your Inherited IRA Documents, please upload a copy of your government-issued photo ID (driver's license, state ID, passport) using this form.

We will follow up with you via email and open your account within 2-3 business days. If any additional documents are needed, we will reach out directly to you via email.

Brokerage accounts on the M1 platform are either fully disclosed to APEX Clearing or cleared through M1 Finance LLC. Please look at your account statement to determine how your account is cleared.

All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future performance. Using margin can add to these risks. Users utilizing APEX cleared margin accounts should review the APEX margin account risk disclosure before borrowing. Users utilizing M1 cleared margin accounts should review the M1 margin account risk disclosure before borrowing. M1 Margin Loans are available on margin accounts with at least $2,000 invested per account. Not available for Retirement or Custodial accounts. Margin rates may vary.

Brokerage products and services are offered by M1 Finance LLC, Member FINRA / SIPC, and a wholly owned subsidiary of M1 Holdings, Inc.


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