Preferred Trust Company
Formed in 2007, Preferred Trust Company is a licensed trust custodian which specializes in self-directed IRAs. They operate with a stated mission to “provide individuals the opportunity to break down barriers of traditional investing in an IRA.” Preferred strives to go above and beyond in every transaction, and provide outstanding and professional service. Once BitIRA’s in-house IRA department has helped to ensure a smooth transition from your current custodian, Preferred Trust takes over the reins to administer your account.
The Preferred Trust Team
Preferred Trust is organized into the following teams, each of which will touch your account at various stages.
- Customer Service Team – Specializes in assisting customers with general account inquires. Experts in all aspects of the industry.
- Transfer Team – Works with you, our BitIRA in-house IRA Department and your prior custodian to seamlessly transfer funds.
- Investment Team – Facilitates processing of your investment choice for placement into your IRA.
- Accounting Team – Processes all IRA payments, contributions, distributions, account statements, and tax documentation.
Should you hold any cash deposits in your account with Preferred Trust Company, up to $250,000 will be covered by the FDIC. Please note, as with any asset, FDIC insurance does not insure your digital currency investment(s).