A gold IRA, or precious metals IRA, is a type of Individual Retirement Account where physical gold or other approved precious metals are held for the benefit of the account owner. Unlike a regular IRA that holds paper assets, a gold IRA holds physical gold, silver, platinum, or palladium. These IRAs are usually self-directed, allowing […]
A depository is a secure facility or institution where valuable items, such as financial assets or physical goods, are stored and managed. Depositories play a crucial role in financial systems and asset management by providing safekeeping and record-keeping services. Types of Depositories Financial Depositories: These institutions manage and hold financial assets, such as securities (stocks
A trustee is a person or organization appointed to manage and oversee assets or property held in a trust. The trustee has a legal responsibility to act in the best interests of the beneficiaries, who are the individuals or entities that will benefit from the trust. Roles and Responsibilities Management of Assets: The trustee is