Thursday, March 30, 2017
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auto rollover

Automatic Rollover IRAs

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

Your retirement funds are being held in a self-directed IRA established for your benefit. Follow the simple instructions below to take control of your account.

step 1

Claim your account

We first need to verify your identity. Please complete the account agreement with your updated personal information. Once you complete an account agreeement, you IRA funds will remain in a FDIC-insured, interest-bearing account until you have the opportunity to complete step 2.

COMPLETE ACCOUNT AGREEMENT
step 1

ENJOY THE FLEXIBILITY OF YOUR NEW SELF-DIRECTED IRA

There are several options available once you take control of your account. You can direct investment any number of ways with a self-directed IRA.


Choose from a wide range of alternative investments in addition to traditional stocks, bonds and mutual funds.

Self-Directed IRA fees apply.

Annual fees vary depending on the asset type(s) you choose to invest in.

View Self-Directed IRA Fee Schedule


IRA Transfers: Did you know multiple IRAs can be consolidated into one account? Transfer IRA funds you have elsewhere to your GoldStar IRA.

Contributions: you may be eligible to contribute to an IRA if you have earned income and depending on your age. Consult your tax advisor regarding contribution eligibility..


CAUTION: An IRA Distribution is a taxable event! Distributions will be reported to the IRS on Form1099R. Always consult your tax advisor before taking a distribution.



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.