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Finding a Custodian

One of the most difficult, yet important, tasks an investor faces when looking to participate in the self-directed industry is finding the right IRA Custodian. An IRA Custodian works as the bank and is highly regulated by the IRS, state and federal banking commissions and has to meet stringent federal requirements in order to keep their good standing. In most cases, your custodian or trustee will also serve as your administrator for the retirement account. The question is how do you find them and how do you know who to work with? A Retirement Account Facilitator, like Guidant, works with most custodians nationwide and can help you better understand which one is right for you.


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