What is GoldStar Trusts role in this type of IRA?
GST serves as Custodian for Self-Directed IRA accounts. They have no investment authority for the accounts, and work strictly from instructions given by the customer. In a precious metals IRA, GST invests in metals as directed by the customer, hold the investments, send semi-annual statements to the customer, and file the required reports to the IRS. GST does not give or receive any compensation to or from the precious metals dealers, and we do not sell our customer lists. GST does not provide financial or tax planning advice, but they can assist with compliance with IRA rules and regulations. Of course, investors should always work with appropriate legal and tax advisors to manage their IRA investments.
