US Customers Can Now Hold Gold & Silver in their Individual Retirement Account10 March 2008 - GoldMoney today announced that there is now a new and tax efficient way for US customers to hold their gold and silver. The Entrust Group, which is one of the leading providers of account administration services for self-directed retirement plans, has worked with a well established self-directed custodial account provider, International Bank & Trust Company, to create a precious metals facility for Individual Retirement Accounts ("IRAs"). One of the ways that this new IRA facility can be used is to hold gold and silver with GoldMoney. James Turk, founder of GoldMoney explained: "We know that our customers like the ease with which they can purchase and hold gold and silver at low cost, which we then store for them in secure, allocated storage. Now our customers in the US can take advantage of these features in their IRA." Hubert Bromma, CEO of The Entrust Group said: "In our ongoing desire to provide additional investment diversification opportunities for our IRA and 401(k), this new system of buying and holding gold and other metals provides our customers with another alternative for diversification which up until now has not been available". To open a self-directed IRA or to learn more about this process, please contact an IRA specialist at 1-800-380-9190. You may also email any questions or inquires to EAIglobal@theentrustgroup.com. * * * * * * * * * * * * * * * * * * * GoldMoney, the inventor of digital gold currency, is combining 21st century technology with the world's oldest money - gold - to make the online purchase of gold and silver safe, convenient and economical. Not only is GoldMoney the fastest growing digital gold currency, it is also the largest. Its regular audits and governance procedures have set the industry standard. These advantages have made GoldMoney a world leader in the buying and selling of gold and silver bullion. Anyone can use GoldMoney to build their savings and secure their wealth by owning pure gold and silver that is insured and stored safely and conveniently for them in a specialised bullion vaults near London, England and Zurich, Switzerland. GoldMoney services can be accessed at GoldMoney.com. The Entrust Group is the premier provider of account administration services for self-directed retirement plans in the US. For more than 25 years, Entrust has been an acknowledged authority in the field of self-directed retirement accounts. Founded by industry luminary Hugh Bromma, Entrust serves customers through a nationwide network of dedicated local offices. Mr. Bromma is a frequent guest on CNBC, Bloomberg, MarketWatch, and many other financial programs. More information about The Entrust Group is available at: http://www.theentrustgroup.com/locations/franchises/4/ Established in 2003, International Bank & Trust Company ("IB&T") is a New Hampshire-based company chartered and regulated as a non-depository bank and trust company by the New Hampshire Banking Department. IB&T provides self-directed custodial account services through many local service providers, which operate under strict guidelines mandated by federal and state law, and custodial asset controls required by IB&T. By having an account with IB&T, US taxpayers can reap the benefits of truly self-directed tax-enhanced accounts, including IRAs, Profit Sharing 401(k)s, Health Savings Accounts, and Education Savings Accounts. IB&T is a passive trustee and custodian and does not provide any fiduciary services, make loans, offer or market investment products of any type, nor provide accounting, tax, legal or investment advice of any kind. IB&T operates according to the strict rules and regulations established by the New Hampshire Banking Department. As part of its program to globalize investment possibilities for self-directed IRAs, IB&T will accommodate requests made by self-directed IRA customers to purchase gold and silver in bullion form internationally. In acting as custodian for such IRAs, IB&T provides customers with the services of third party record keepers and administrators. The Entrust Group, the nation's largest network of self-directed IRA and qualified plan record keepers and administrators, use IB&T as custodian for international and domestic transactions. For information about The Entrust Group contact: For information about International Bank & Trust Company contact: | ||
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