Alternative investments can add complexity to your IRA, with the potential for additional administrative, tax, or legal requirements. Often IRA owners engage a financial advisor to help them evaluate investment opportunities, risks, and costs.
Many self-directed IRA owners find it beneficial to consult with tax or legal advisors to navigate the tax rules and avoid prohibited transactions. It is also important to work with a custodian that has proven expertise in administering self-directed IRAs.
At Mainstar Trust, you’ll get the support you need while keeping control over your investments.
Mainstar Trust is a custodian for many alternative investment options for individuals seeking self-directed IRAs. Ready to open a self-directed IRA? Find out how to open a self-directed IRA below, or contact a Mainstar Trust representative to discuss your options.
Your journey, your goals, your future.
When it comes to choosing the right IRA custodian, it’s important to weigh your options, identify your goals, and find the one that is committed to you and where you want to go in the future.
You want an IRA custodian that:
Has longevity and experience in providing custodial services
Prioritizes you and your financial goals, investments, and retirement objectives
Offers dynamic services and adaptable solutions to meet your individual needs
Is accessible and ready to help you navigate your financial journey
At Mainstar Trust, we believe that when you take control of your long term savings objectives, you take control of the future you long to have; we help IRA owners do just that.
Sometimes, one of the hardest parts about diversifying your investments is knowing where to start. With our custodial services, you have more control over your financial future, while having the knowledge and support to help you navigate along the way.
Learn more about our services and see if Mainstar is the right IRA custodian for you today!
Your time is valuable. It only takes three simple steps to open a self-directed IRA with Mainstar Trust and get started on the next step in your retirement savings journey.
THERE ARE TWO WAYS TO COMPLETE THE IRA APPLICATION.
IF YOUR NEW MAINSTAR IRA WILL BE FUNDED THROUGH A TRANSFER FROM ANOTHER IRA:
IF YOUR NEW MAINSTAR IRA WILL BE FUNDED THROUGH A ROLLOVER FROM A RETIREMENT PLAN:
IF YOUR NEW MAINSTAR IRA WILL BE FUNDED THROUGH NEW CONTRIBUTIONS:
If you are not ready to make an investment when you open your Mainstar Trust account, you can submit purchase documentation at any time.
Mainstar Trust encourages you to review all investment products for appropriateness with your financial advisor, accountant or legal counsel. Mainstar Trust is a self-directed IRA Custodian and does not provide investment, tax or legal advice. By providing custody services, Mainstar Trust is not making any judgment as to the quality or suitability of any investment.
Once Mainstar Trust has received all of the documentation in good order, we will work with your current custodian/administrator to move the monies and/or assets to Mainstar Trust
Please note: Per the IRS, an IRA accountholder may revoke an IRA within 7 days after the IRA is established. When the IRA accountholder chooses to revoke the IRA, the full amount contributed to the IRA must be returned to the accountholder. As a result of this rule, and due to the limited market for some investments, purchases cannot be fully executed until the 7-day period is up.
Mainstar Trust does not charge a market value fee. Your fees do not go up as your account grows. Mainstar’s competitive fee structure is activity based. The Fee Disclosure can be found here.