Lafayette, CO (PRWEB) December 4, 2009
Goldstar Trust Company, a major provider of Precious Metals IRAs, has just announced that they will raise the total costs for precious metals holdings January 1, 2010. Goldstar clients have 30 days to move their holdings to another provider like Entrust New Direction before the new fees go into effect. The annual Goldstar IRA fees may be more than 3 times higher than in 2009.
The majority of the cost increase is due to Goldstar's unilateral selection of precious metals depository.. Goldstar does not allow the IRA holder to choose the depository, and when control is limited, the IRA holder may end up with higher fees With an Entrust New Direction IRA, the IRA holder is free to find the best service provider arrangement and the best depository..
Take charge of your IRA and make your own choice. If you want control of your IRA's assets, act now. Move to a New Direction IRA by the end of 2009 and regain control of your retirement plan. You decide on the depository, as well as whether your metals are segregated or stored with those belonging to other IRAs. Contact us for details and a special offer for in-kind transfers of Precious Metals IRAs. In light of the short time line Goldstar has given for imposing the new fee structure, ( January 1 deadline), you must act now. Ask us about our easy transfer program or visit our website at gold.newdirectionira.com.
There are vast differences between depositories. Some are older and use traditional tracking methods, while others have developed electronic tracking and sorting systems. Each depository has its own particular characteristics regarding accessibility, insurance levels and requirements. Some have layers of confusing annual fees and, as with many industries, customer service runs the gamut from poor to excellent. Costs for each company vary, sometimes matching the level of service provided, sometimes not. As always with your Entrust New Direction Precious Metals IRA -- The choice is yours.
An Entrust New Direction IRA allows storage of IRA-held gold and other metals at the depository of your choice. Investors familiar with self-direction know that truly self-directed IRAs afford them the power to make all the choices concerning their IRA investments. If your IRA provider doesn't allow you to make key choices like the depository, it is time to move to a truly self-directed plan. It is time for an Entrust New Direction Precious Metals IRA.
About Entrust New Direction IRA, Inc.: Entrust New Direction (http://newdirectionira.com/), part of the Entrust Group, is a self-directed retirement plan services firm, providing self-directed plans since 1981 and educating the general public about self-directing funds into non-traditional investments such as real estate, gold, private placements, LLCs and others. Entrust New Direction IRA offers both tax-deferred and tax-free self-directed plans to help clients achieve their investment goals. Besides retirement plans, the company also offers self-directed plans to save for children's education, health savings and more. The firm has also made client education a top priority through classes, articles, and presentations.