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Investing in a precious metals IRA offers many benefits. It can help you diversify your investments and protect your money for the future. These accounts also come with tax advantages, making them more attractive to many investors. It only takes a few seconds to open an account online. Once funded, you can use your account to begin investing in the future with tax advantages.
Unlike traditional individual retirement accounts, precious metal IRAs are backed by tangible investments like gold, silver, platinum, and palladium. However, you can also invest in ETFs, gold mining stocks, and mutual funds. Precious metals tend to fare well during economic periods of instability. Typically, when the dollar devalues, gold holds its own, sometimes rising in value.
You need a trusted IRA custodian if you plan to invest in a gold IRA. We will explore New Direction Trust Company, one option available to investors. Is a Direction IRA right for your needs? We have uncovered all the facts and plan to deliver them to you in an easy-to-follow order. Read until the end to get our final assessment of this IRA custodian and determine if you can trust them with your assets.
At The Gold Information Network, we understand the importance of your financial choices and the trust you place in our insights. We conduct in-depth research on each company we review, evaluating its reviews, reputation, product offerings, fees, and history while also meticulously comparing it with similar market products.
In a financial landscape where banks appear geared towards serving the wealthy, we hold reservations about these institutions, the monetary system, and politicians. We passionately advocate empowering individuals like you with greater control over their finances. We firmly believe that you should have the authority to shape your financial future independently, reducing your dependence on institutions and politicians.
We reviewed New Direction Trust Company, a self-directed IRA custodian founded in 2003 and based in Louisville, Colorado.
New Direction Trust Company is an IRA custodian. They help clients open self-directed IRAs and invest in a wide array of options, including precious metals like gold, silver, platinum, and palladium.
The business opened its doors in 2003 to provide Direction IRA services to clients who want to invest in their futures. New Direction Trust Company started as a franchise working out of the founder's basement and later became an independent brand. They help you diversify your investment portfolio with help from their administration team.
The company's offices are located at:
1070 W Century Drive
Louisville, CO 80027
877-742-1270
Reading customer reviews is critical before working with companies and investing money in an IRA. Asset protection begins with reading customer reviews to learn more about customers' experiences with New Direction and its staff. These reviews can give insight into what you can expect from the company's services.
New Direction Trust Company has a profile page on the Better Business Bureau and is accredited with an A+. The business has 4.88 stars out of five and 136 customer reviews. There have been 16 customer complaints in the last three years and 5 in the last year.
Positive Reviews
Negative Reviews and Complaints
Most people seem happy with their experience with New Direction Trust Company. Still, a common complaint was that the company took too long to respond to questions and handle distribution requests.
Pros
Cons
NDTC is a self-directed IRA custodian that helps customers invest in various investment vehicles, including precious metals, real estate, stocks, and securities. They handle all the details of managing your IRA account, including shipping your precious metals to a chosen depository.
NDTC offers full disclosure of its fees. The only fee not listed on the website is the depository fee, which a third party provides. We break down the fees below:
We encourage you to read the terms and conditions to ensure you understand the fee structure. A few customers have complained about unknown fees being charged. Taking a few seconds to read this information can save you headaches later.
Only a few steps exist to invest in precious metals through a Direction IRA. In our research for this review, we found the following information on the company's website:
NDTC works about the same as most other custodians, though it may lack the experience of some companies. Its fee structure compares fairly well to others, though some customers complain about unexpected fees. NDTC has a solid rating and accreditation from the Better Business Bureau and mostly positive customer reviews.
Based on our extensive research, we believe NDTC is a good company. There have been some minor complaints but no major red flags that would cause us to give NDTC a failing grade.
As always, we highly recommend conducting further research. The company's fees are on par with those of some other custodians but may be higher than others. At least they provide a complete and transparent breakdown of their fees.
We have reviewed countless companies and offer the information we find to our readers to help them make wise investment choices. We invite you to read our reviews on various custodian trusts in the precious metals industry. Learn more about their services and compare NDTC to others. Protect your assets by ensuring you research carefully and make an informed decision.
We recognize the significance of your financial decisions and the trust you place in us. We've extensively researched reviews, reputation, products, fees, and history, ensuring you receive accurate insights.
Amidst a financial landscape where banks often favor the wealthy, we believe it's time you take control.
The information provided in this website is intended solely for educational purposes and general informational use. It is not intended as, nor should it be considered, financial or investment advice. Investing in gold or any other financial asset carries inherent risks, and decisions regarding investments should not be made solely based on the information presented here.
We strongly recommend that you consult with a licensed and qualified financial advisor or investment professional before making any investment decisions. They can provide you with personalized guidance and take into account your individual financial situation and goals.
We do not assume any responsibility for the accuracy, completeness, or suitability of the information provided on this website for your specific circumstances. Any reliance you place on such information is strictly at your own risk.
Any opinions offered by The Gold Information Network are The Gold Information Network’s opinions and not to be relied on by anyone for any purpose.
