What are the advantages to dealers in recommending this type of IRA?
There are several advantages to precious metals dealers who recommend this type of IRA to their customers. Perhaps the greatest is the fact that the average person has much more money available for investment in his/her IRA than in a checking account. The past several years have seen a large number of people laid off or given early retirement as corporations cut back or “downsize” their operations. There are billions of dollars in retirement accounts that may be eligible for rollover to IRA accounts. GST is in the IRA business, so the dealer doesn’t have to be. Once the dealer determines that the customer has funds available for investment in an IRA or other retirement plan, he can simply supply the GST toll-free phone number and wait for the paperwork to be completed. Payment to the dealer is usually made by wire the day after the assets are delivered into the hands of the storage facility. Finally, the staff at GoldStar Trust Co. are knowledgeable, courteous, efficient and friendly,
