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Hot! Get a $250 Bonus from Lear Capital When You Transfer an IRA
Here’s a great deal from the folks over at LearCapital.com.
They’re paying up to $250 in IRA set-up, maintenance, or custodian fees for new Lear Capital customers who purchase precious metals worth $5,000 or more for their IRA.
And here’s the bonus breakdown:
|Qualifying IRA Purchase Amount||Bonus|
|$0 to $4,999.99||$0|
|$5,000.00 to $9,999.99||$25|
|$10,000.00 to $24,999.99||$50|
|$25,000.00 to $49,999.99||$125|
|$50,000.00 or more||$250|
Here’s the fine print from their website:
Which customers and transactions are subject to the LCI IRA Bonus Program?
1. LCI’s IRA Bonus Program only applies to customers who have not previously purchased precious metals from or sold precious metals to LCI (or its predecessor, Lear Financial, Inc.) and who set up a new IRA account with Sterling Trust, GoldStar Trust, or another approved IRA custodian, and then only to that customer’s first IRA purchase transaction with LCI. LCI’s IRA Bonus Program does not apply to non-IRA transactions.
How does the LCI IRA Bonus Program work?
Step 1. Set up an IRA with Sterling Trust Company, GoldStar Trust Company or another approved IRA custodian. LCI can provide the forms to set up an IRA at Sterling Trust and GoldStar. When the custodian asks how you intend to pay the IRA set-up, IRA annual maintenance, and IRA custodian fees, tell the custodian that LCI will pay the bonus amount directly and you will pay the balance (if any) owed. It is up to you and the custodian whether you pay the balance from your IRA account directly or from outside funds.
Step 2. Once the IRA is set up (and funded), contact LCI and purchase precious metals for your IRA from LCI. (Please note that not all precious metals may be purchased for placement in an IRA.) Once LCI receives your executed Transaction Agreement and payment for your precious metals from the IRA custodian, LCI will transmit payment of the bonus amount directly to the IRA custodian. LCI cannot issue the payment to you under any circumstances.
Good luck Penny Hoarders!