IRA assets must remain in the custody of the IRA custodian until distribution, which means that you can’t hold them yourself while in the IRA or determine your own storage facility. Precious metals for GoldStar IRAs are held within one of the depositories below. The dealer you buy precious metals from usually determines which depository will be used.
The following verbiage has been provided by the respective institutions; GoldStar Trust Company makes no recommendations or value judgments.
Depository Trust Company of Delaware LLC dba Delaware Depository® provides high-security safekeeping, administration, and distribution services to financial institutions and commercial entities. The company is a state chartered, limited purpose trust company headquartered in Delaware. As a regulated and examined trust company, Delaware Depository is qualified to act as a custodian of IRA assets under Internal Revenue Code 408(n). Delaware Depository is the first and only precious metals depository to complete a SSAE-16 audit of internal controls. The depository is licensed by the CME Group (Nymex and Comex Divisions) and ICE Futures for the storage of gold, silver, platinum and palladium. The company operates more than 72,000 square feet of secure space and maintains $1 billion in all-risk precious metals insurance.
For more information about Delaware Depository, please visit www.delawaredepository.com.
International Depository Services of Delaware
IDS-Delaware, a state-of-the-art precious metals depository, is located in the heart of America’s east coast business corridor in New Castle, Delaware. With 24-hour monitored, multi-redundant security systems, all-risk insurance through Lloyds of London, and UL-Rated Class III vault, IDS-Delaware maintains stringent dual-control procedures and offers fully segregated and standard storage to its clients. IDS-Delaware clients receive exceptional, responsive service from trained depository professionals. Additionally, IDS-Delaware has the distinction of being an Associate of the London Bullion Market Association as well maintaining active participation in the Industry Council for Tangible Assets.
For more information about IDS-Delaware, visit www.IDS-Delaware.com.
Brink’s Global Services
Brink’s Global Services (BGS) is a division of Brink’s, Incorporated, a leading international provider of secure logistics and security solutions. The Brink’s global network comprises approximately 1,000 facilities, 12,000 vehicles and 71,000 employees working in partnership with customers in more than 120 countries on six continents. Utilizing this worldwide network, BGS specializes in creating and innovating customized solutions to support and enhance services throughout clients’ respective value chains. These services span areas such as secure transportation, customs brokerage, vaulting and handling of precious metals and other valuables on behalf of financial institutions, government bodies, retailers and industrial companies. Precious metals for Goldstar IRAs are stored in the BGS facility in Los Angeles, California.
For more information about BGS, visit www.brinksglobal.com.