Merrill Edge | Open an Account | What You'll Need (2024)

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","ADV2BError":"A system error occurred while trying to access the online application. Please try again at a later time. If you continue to experience problems, please contact a representative. {1.2}","Options":"Options","BYBExpiredOffer":"The offer code you entered is expired.","ALStateError":"The applicant must be 19 years or older to open an account.","InternalApplicationNotice":"Internal Application Notice","SameAsPriMailAddr":"Same as Primary’s Mailing Address","ERR_BEN529_ANOTHER_PASSPORT":"Please scan and upload copies of the Beneficiaries Passport and Greencard.","EINType":"Employer Identification Number","MsgLIIACancelApplication":"Are you sure you'd like to cancel your application?","AccessVisaCard":"Access Visa Card","AccessVisaPath":"/Default/Images/newaccount/debitcard_visa.jpg","ERR_CA_US_PASSPORT":"Please scan and upload a copy of the first Co Applicant's driver license, state ID or passport.","COC_DateOfIssue":"Date of issue","UserIdText":"User IDs must be between 6 and 32 characters long, have at least one letter, and contain no spaces.","COC_DateOfEntry":"Date of entry","DeleteCoApplicant":"Delete Co-Applicant","Cancel_CancelApplication":"Yes, cancel application","OLBSSOMESDErrorMsg":"We were unable to link your Bank of America accounts to your Merrill Lynch account. Please try again later or call us for assistance.","Tabbing_GoToMyHome":"Go To MyHome","VisaSigRewards":"Visa Signature Rewards","INHERITED_IRA_POPUP_CLOSE_ADA_TEXT":"Close select account type popup","MsgLogout":"There has been no activity detected for the last 60 minutes.
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","SameAsPartPerAddr":"Same as Participant's Permanent Address","MsgWelcomeResumeFromREP":"Thank you for speaking with a representative about a Merrill Edge self-directed investment account. The representative has started an application for you.

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error message

We detected that this application is being accessed inside the Bank of America Corporation network.

You should only submit applications if you're an employee completing applications in your name. If you need a production test account to perform a job function, please contact Test Account Support at tstactsp@ml.com.

What you'll need

Opening a Merrill Edge self-directed Individual NextGen 529 Account is easy to do. We require some personal information for the Participant and the Beneficiary.

The Participant (account owner) is the person who owns and manages the account on behalf of the Beneficiary. We require the following information for the Participant:

  • Social Security number and date of birth
  • A valid mailing and email addresses
  • Employment information (including company name, address, and start date)
  • General financial information (such as annual income and household net worth)

The Beneficiary (student) is the person for whom the Participant is opening the account. The Beneficiary may be any age and can be your child, yourself or anyone else. The Beneficiary may be changed to a qualified family member at any time without penalty. We require the following information for the Beneficiary.

  • A valid mailing address and phone number
  • Social Security number and date of birth
  • General household financial information

You will be asked to select an investment from a range of Investment Portfolios for the account and will have the opportunity to make the initial investment electronically. You will also have the opportunity to elect a Successor Participant to assume ownership of this account in the event of the Participant's death.

If you have this information or are an existing client with a user ID and Password you can use to pre-fill your application, you're ready to continue.

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If you have an existing account, you can sign in and we'll pre-fill your application, or you can skip this step for now.

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Merrill Edge self-directed investing is intended to be a fully-electronic, internet based brokerage service. This means that all notices, statements, disclosures and other information regarding this service and your account will be sent to you electronically via www.merrilledge.com or to your last designated email address.

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If you select Yes, we will cancel the other application and start with this application.

If you select No, your other application will resume here, and the other application in progress will get canceled.

Note: If you receive this message, but there aren’t any other applications in progress, please select Yes to continue.

We have detected another Retirement application in progress in another open tab or browser window.

Note: If you receive this message, but there aren’t any other applications in progress, please close the browser and start again. We apologize for the inconvenience.

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Merrill Edge | Open an Account | What You'll Need (2024)
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