Tuesday, November 21, 2017
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auto rollover

AUTOMATIC ROLLOVER IRAs

If you received a letter from GoldStar Trust Company regarding an Automatic Rollover Individual Retirement Account (IRA), your former employer has chosen us to help reunite you with your retirement savings and provide IRA custodial services.

Here is what happened:

  1. You left retirement funds behind at a former job.
  2. We have those funds.
  3. We’ll help you claim your money.

Verify Your Identity

Your retirement funds are being held in a self-directed IRA established for you by your former retirement plan sponsor. In order to claim the funds in this account, complete an Account Agreement with your updated personal information so we can verify you are the rightful owner.

COMPLETE ACCOUNT AGREEMENT

DECIDE WHAT TO DO WITH YOUR MONEY

Once you’ve successfully claimed your funds, the balance in your new IRA will remain in an interest-bearing deposit account until you instruct us what to do next. A modest fee is deducted from the balance once a year if no further action is taken.

WHAT ARE MY OPTIONS

Can’t find what you’re looking for? Contact us at 1.800.486.6888 or via email: autorollover@goldstartrust.com

Investor Services Hours: 7am-5pm CST M-Th., 7am-4pm Fri.

How did Goldstar Trust Obtain My Account?

The funds were part of your company sponsored retirement plan. The retirement plan contains a provision allowing the plan trustee(s) to distribute the participant’s vested account without consent in the event that the account holder cannot be reached. Per the Economic Growth & Tax Relief Reconciliation Act of 2001 accounts under the amount of $5,000 can be automatically rolled over into an Automatic Rollover IRA.

SEE MORE FREQUENTLY ASKED QUESTIONS

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GoldStar is a Trust-only branch of Happy State Bank, member FDIC


* GoldStar Trust Company does not give investment advice nor are we affiliated with any investment sponsor or retirement plan sponsor. We do not give tax or legal advice nor benefit financially from investment choices.

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.