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What fees will I have to pay? |
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Setup fees will vary among trust companies, but around $100 for your first year is a good number to plan for. Subsequent annual fees will be based on the asset value of your IRA holdings and range from around $50 to around $500 for the largest accounts. You may now have an IRA account with your bank or other financial institution that does not charge an annual fee. That is because fees come as a built in deduction to the interest rate that such accounts pay. Trust companies receive no commission from any of your investment actions, so these separate fees are necessary to cover the cost of maintaining your account. IPM makes no commission on fees paid to your trust company. The costs associated with your account are transparent and on the table – rather than being hidden, as in a so-called “free” account. [ Return To IRAs ]
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Copyright © 2007 International Precious Metals. All rights reserved. All information and material contained herein is for the sole use of IPM clients and prospective clients, and may not be used or distributed for any other purpose without express written permission.
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By rolling over an existing IRA into a precious metals account, you could be eligible to fund it with Treasury-sealed Mint rolls and Mint cases of American Eagle coins. Treasury sealed rolls and cases are a great way to hold these coins: They offer special appeal on secondary coin markets, as their sealed condition ensures that they have not been picked through in search of MS-69 and MS-70 specimens. An IRA holding may offer the opportunity to liquidate at a time when secondary market potential is mature, giving added value to your IRA investment!
IPM accepts many convenient forms of payment, including major credit cards, personal and bank checks, bank wires, and metal trades. Talk with your account reprentative to determine the best and most convenient form of payment for any particular transaction.
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