MFS Account Types

MFS offers various account types for investors, including:

• Mutual Fund Accounts: These accounts allow investors to purchase shares of MFS mutual funds through an investment professional. They are designed for individuals looking to invest in diversified portfolios managed by MFS.

• IRA Accounts: MFS provides Traditional and Roth IRA accounts, which offer tax advantages for retirement savings. These accounts can be opened with a registered investment professional and are subject to specific regulations.

• 529 Savings Plan Accounts: MFS offers 529 college savings plans, which allow individuals to save for education expenses with tax benefits. These accounts can also be established through an investment professional.

• Workplace Retirement Accounts: MFS facilitates various workplace retirement plans, including 403(b) accounts, which are available for employees of non-profit organizations.

• Entity Accounts: These accounts are for legal entities such as trusts, corporations, and partnerships, allowing them to invest in MFS funds.

MFS Broker Account Opening Process

To open an account with MFS, follow these steps:

• Complete the New Account Application:
• Download the application form from the MFS website or fill it out online and print it.
• Ensure that all required sections (1 through 6) are completed, and each registered owner must sign the application.
• Work with Your Investment Professional:
• MFS accounts can only be opened through a registered investment professional. They will assist you in identifying the right account type and ensure that the application is filled out correctly.
• Submit Required Documentation:
• For non-retirement accounts, submit the completed application along with any required documents, such as a Transfer on Death agreement if applicable.
• For IRA accounts, include the necessary IRA forms and disclosures.
• Mail the Application:
• For regular mail, send the application to:
• MFS Service Center, Inc.
• PO Box 219341
• Kansas City, MO 64121-9341
• For overnight mail, send to:
• MFS Service Center, Inc.
• Suite 219341
• 801 Pennsylvania Ave
• Kansas City, MO 64105-1307
• Contact MFS for Assistance:
• If you have any questions or need assistance during the process, contact MFS at 1-800-225-2606 for mutual fund accounts or 1-800-637-1255 for IRA accounts, Monday to Friday, from 8 a.m. to 7 p.m. Eastern Time.

Make sure to follow all guidelines and provide accurate information to ensure a smooth account opening process.