setup fees & carrying costs
Use the examples in the chart below as a guide to calculate fees due when your GoldStar Precious Metals IRA is opened. Please see the Financial Disclosure and Fee Schedule for specific details or call Investor Services for an estimation of annual fees.
|
ACCOUNT VALUE $75,000 OR LESS |
ACCOUNT VALUE $100,000 |
ACCOUNT VALUE $150,000 |
|
| One-Time Establishment Fee | $25 | $25 | $25 |
|
Annual IRA Maintenance Fee ($60 minimum fee) (Use Value x .0008 if > $75K) |
$60 | $80 | $120 |
|
Annual Storage Fee ($100 minimum fee) (Use Value x .001 if > $100K) |
$100 | $100 | $150 |
| Transaction Fee | $40 | $40 | $40 |
| TOTALS | |||
|
INITIAL SET-UP FEES (Due when account is established) |
$225 | $245 | $335 |
|
RECURRING ANNUAL FEES (Maintenance (+) Storage) |
$160 | $180 | $270 |
Your Precious Metals IRA Maintenance and/or Storage fees may vary in the years to come according to change in account value. These fees are based on the Market Value of your account prior to the billing period.
billing
- Maintenance Fees are assessed annually on the anniversary date in which your account is opened.
- Storage Fees are assessed annually in the month Delaware Depository first received notification of the metals to be purchased.
Example
For a new investor (with an account value of $75,000 or less) the fees for the first year are $225 (this is due when the account is opened) and $160 each following year. A $40 transaction fee is charged for each subsequent purchase or sale. For a small investment, this can represent excessive carrying costs. Please bear in mind, investments in precious metals do not yield any dividends and these costs must be paid annually in cash by the investor.
FDIC NOTICE: IRA and/or Bond investments represented on this website are not FDIC-insured, are not guaranteed by GoldStar Trust Company, and involve risk including possible loss of principal. If held in a GoldStar IRA or GAMMA account, the un-invested cash portion is FDIC insured up to $250,000.