GoldStar Trust is a custodial firm that offers a variety of self-directed retirement account investments. They specialize in precious metal IRAs, though they also offer other types of investment options.
The company has a small team of executives, but the executive team takes pride in providing personalized services to their clients. Their executive heads include Dave Schnierle, Matt Peakes and John Johnson.
IRAs
IRAs are tax-deferred retirement accounts that can be used to invest in a variety of assets. The IRS allows you to choose which types of investments you want to include in your IRA and how much you can invest in each type. You can use a traditional IRA or a Roth IRA to grow your investments and withdraw them in retirement. You can also put money in a self-directed IRA, which lets you invest your own money in a range of different assets.
If you are looking for a self-directed IRA provider, you might consider GoldStar Trust Company. It has been around for over 30 years and manages over $2 billion in assets. They offer a wide range of services to help you manage your retirement account and make the most out of it.
One of the best things about GoldStar Trust is that they are extremely transparent when it comes to their fees. Their fee schedule is easily found on their website and is comprehensive. This is a great thing to see and is unusual for many companies that deal in alternative investments.
They charge a small $50 account establishment fee and a nominal annual fee of $65 for all other types of investments. The only exception to this is precious metals.
Precious metals are a popular choice among investors who are looking to diversify their portfolio with an asset that has strong underlying value and is able to protect your investments from depreciating currencies. They can also be an attractive way to save for retirement if you plan on purchasing a home in the future or are concerned about a rising cost of living.
Church bonds are an IRA investment that offers a number of benefits. They allow you to support your local church while earning a high interest rate on your investment. They are also a good option if you are interested in expanding your church’s ministry.
Privately held stocks are another IRA investment that can be beneficial for retirees who are looking to diversify their retirement portfolios. These stocks have strong underlying values and can be bought at low prices.
This makes them an excellent choice for those who want to avoid the volatility and market risk associated with publicly traded shares. However, these types of investments are not for everyone and they can be complicated to understand.
If you are interested in opening a precious metals IRA, it is important to choose the right provider. You should not only select a firm that offers a wide range of assets but you should also pick one that is experienced in precious metals and has a team of professionals dedicated to providing assistance.
They also have a wealth of information on their website that will help you make an informed decision on how to best use your IRA funds. It is also helpful to read reviews from other investors who have been able to invest in these assets.
In addition to gold, GoldStar Trust offers an array of other assets for IRAs including privately held companies, church loans and annuities. This is a unique offering from a self-directed IRA custodian and they seem to be fairly supportive on the customer side.