Unlike many other providers, our fee schedule is clear, honest and simple to understand. You will see an administration and investment management fee. With Goldstar there are no investment transaction fees to pay.
Annual
Administration Fee
A $4.58 monthly annual fee is charged but is reduced to a $1.67 monthly fee when an account exceeds $35,000.
Monthly Recordkeeping Fee = $2.92 (waived for all accounts above $35,000)
Monthly Custody Fee = $1.67
Monthly Asset Fee:
$0.42 per $1,000 for account balances from $1 to $100,000
$0.35 per $1,000 for account balances between $100,001 and $250,000
$0.22 per $1,000 for account balances over $250,000
These fees include full account administration, access to online advice, personalized statements, secure transactions, custody services, and direct 24/7 online access to our Customer Care Center.
Investment
Management Fees
There are no fees charged separately to your account to cover the cost of screening the investments and making periodic changes to the investments available in the Goldstar IRA program.
Event Driven Fees
These are fees that apply only when you request a service that does not involve the everyday maintenance of your account. The most common fees are:
Applies for non-scheduled withdrawals.
Applies when monthly or quarterly withdrawals are taken.
There is NO CHARGE to view and print your quarterly account statement online.
To keep things simple, all fees are collected by selling a prorated share of all of your investments based on the total dollar amount of your fees.
Any other non-standard fees that may apply to your account are listed in the Financial Disclosure that is part of the account opening documentation you sign.