Precious metals investors, who seek a safe and reputable gold IRA custodian, are encouraged to research the benefits of dealing with Equity Institutional, which is a is a division of Equity Trust Company. Over 120,000 corporate, and individual clients entrust this particular entity with over $8 billion in total secure assets, as they have for more than 35 years.
Since 1997, U.S. citizens have been permitted to store their privately owned bullion bars and coins in precious metal-backed IRAs, and more and more individuals are taking advantage of a rare opportunity to use rising gold prices for long-term financial security. One of the most commonly used gold IRA custodians is Equity Institutional, who can quickly and conveniently open an IRA for corporate, and household investors alike.
Once an investor notifies his or her current financial custodian about making a gold transaction, the proper transfer/rollover forms are signed and transported, and the investors’ funds are sent to Equity Institutional (via check, or bank wire). Equity Institutional will in turn open a new account on the investor’s behalf.
The new IRA holder will then be able to freeze the price of his or her U.S. government-approved bullion IRA contribution through the precious metal broker of their choice. Once the gold broker receives the funds for their metal, it is shipped safely and directly to Equity Institutional, where the insured, delivered, specially marked gold package is examined under video surveillance.
The newly delivered gold is then individually boxed with the investor’s name on it, for secure IRA storage. Holding, annual storage, and fees are also associated with these transactions, and the annual, $125 storage fee is based on a calendar year, with no pro rating for part of a year.
Investors who have completed their research are encouraged to contact one of our friendly specialists, who can get you started with a gold-backed IRA, with friendly, expert consultation.