05/25/2024 05:06:09 AM

IRA Innovations

Self-Directed IRA Custodian

IRA Innovations is a leading provider of record keeping and administration services for self-directed retirement accounts. Investors who wish to take control and invest their IRAs in alternative investments trust IRA Innovations to ensure the transaction is completed in a timely manner. IRA Innovations specializes in attention to detail, outstanding customer service, and communication with clients.

Self Directed IRA Custodian

IRA Innovations
100 Concourse Parkway, Ste 275
Birmingham, AL 35244
Toll Free: 205-985-0860
Fax: N/A

What Is A Self-Directed IRA Custodian?

Just like other types of IRAs, precious metals IRAs (aka Gold IRAs, Silver IRAs, etc.) must be in the possession of a trustee or “custodian” in order to remain in compliance with IRS requirements. This means that Precious Metals Investments made in an IRA account must be held by an authorized custodian. A Self-Directed IRA Custodian acts as a fiduciary and it is their job to make sure that your IRA assets are correctly titled and that the necessary reporting requirements and paperwork are all accurate and in order. A self-directed IRA custodian is required to secure and protect your assets and always act in your best interest. The custodian is also required to provide regular account statements.

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