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This Page Details
exactly what you will receive in the Self-directed IRA
Kit
1. The Kit contains complete
information on exactly how to set-up your Self-Directed
IRA.
2. The Kit contains complete
information on exactly how to Rollover your IRA to a new
Custodian who handles the Self-Directed IRA accounts as
a matter of everyday business. This Custodian is
registered with the IRS and in full compliance with all
IRS rules and regulations regarding the establishment
and operation of Self-Directed IRA's. There is a
set-up cost at the Custodian of $50. In addition,
there is an flat annual fee of $150 plus an annual
asset fee of $150 per asset, for a total of $300 per
year. The fees are not based on the size of your
account at our Custodian although some transactional
fees, like bank wire fees will apply. These
transactional fees normally are only incurred initially
since the account is over at the Forex broker building
its net worth and will not be withdrawn until certain
circumstances occur. See paragraph 9 below for
some scenarios where a penalty free withdrawal might be
made in the future.
3. The Kit contains complete
information on exactly how to set-up your IRA Managed
Forex Trading account at the Forex broker we use.
You will be given an account login and password at the
Forex broker where you can monitor your account online
whenever the market is trading.
4. The Kit contains complete
information on exactly how to set-up your IRA Managed
Forex Trading account with the Senior Professional
Trader. This requires signatures on documents by
the parties to those documents. The documents
spell out in great detail what is outlined on this
website.
5. You will be provided with
telephone support both from us and the IRA Custodian to
help you get your documents in IRA compliance so that
your account can be traded tax free or tax deferred.
This will either be a tax deferral or totally tax free
depending on what type of IRA you chose to rollover
into.
6. There is a minimum Rollover
amount of $10,000. 100% of those funds will be
placed directly into your trading account via your new
Self-directed IRA Custodian. You will send
those funds directly to the Custodian which will in turn
be sent to the Forex broker we use. If for some
reason you would wish to withdraw funds, then the Forex
broker will return any funds you wish to withdraw directly to the Custodian.
7. The fee for the Self-Directed
IRA Kit is $1,321.00 which can be paid on this website
by credit card or check after you have been approved by
the Senior Professional Trader. Do not pay for the
kit before we have confirmation of your approval by the
Senior Professional Trader. If you jump the gun here we
will have to charge you a $50 handling charge to return
your money in the event that you are not approved.
8. The fee for trading and
managing your account is 0.016% per month of the
account's balance plus 33.33% of the gain on the account.
There is no trading account set-up fee.
9. We think you will find you
Self-Directed IRA has many convenient features.
For example, after your Forex trading account builds
sufficiently, you may want to think about placing some
of your funds into other markets. You can do this
without penalty simply by rolling over some of the Forex
funds into your next venture. The Custodian will
be able to help you with this when the time comes.
10. For security purposes the Kit
will be delivered to you via email, usually the same day
as your payment is confirmed, but sometimes it may go to
the next working day, especially around the week-ends or
holidays.
We look forward to speaking with you in person soon.
Just pick up the phone and give us a call.
Nobody is ever under any obligation
for anything they do not want.
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