Is my IRA account FDIC insured?

WIF is not FDIC insured. However, WIF has a capital equity reserve of 17%, which is stronger than 99% of all banks and approximately double the amount required by the FDIC. Since 1959, WIF has honored every depositor request for a withdrawal.

What is the difference between a Roth and Traditional IRA?

The primary difference is that with a Traditional IRA it is tax deductible when you contribute (pre-tax dollars), but taxable when you withdraw from your IRA. You contribute to a Roth IRA with after-tax money (post-tax dollars), but it is tax-free (including interest) when you withdraw. View more differences here

What are your current interest rates and do they change?

Our current interest rates can be viewed here.

Interest rates are re-assessed semi-annually on June 30 and December 31 each year.

When is interest compounded to my account?

Interest accrues daily and is compounded to your account semi-annually. It processes with day-end processing on June 30 and December 31 each year. Interest will be compounded back into your account unless you request that it be paid out to you.

How do I make a withdrawal from my IRA?

To make a withdrawal from your IRA go to the IRA Forms link, print and complete the IRA Withdrawal Form and send it to GoldStar Trust Company.

How long does it take to receive a withdrawal from my IRA?

It typically takes anywhere from one week to 10 days to receive your funds.

How do I change the mailing address on my IRA?

To change your mailing address, please contact Goldstar Trust Co. at (800) 486-6888.

How do I make a contribution to my WIF IRA?

You will need 2 things in order to make an IRA contribution. The first is a check made payable to GoldStar Trust Co. Please be sure to include on the memo line of your check the year for which you would like the contribution to be posted (ie. Previous tax year or current tax year.) The second is the IRA Investment Direction form. The completed form and your check can be sent to WIF or mailed directly to GoldStar Trust Co. at PO Box 719; Canyon, TX 79015.