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Entrust rolls out new IRA Debit Card

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11-19-2008

19th November 2008
By Staff Writer

Entrust Group said that the new offerings, called Entrust IRA Card Checking service, provide an easy and convenient way for self-directed individual retirement account (IRA) holders to purchase new, or improve existing, IRA assets, or take required minimum distributions from the available funds in their retirement accounts.

Self-directed IRA account holders can use Entrust's IRA Debit Card product, which is marketed under the Visa brand, to pay for goods or services wherever Visa is accepted. It can also be used at ATMs around the world for cash withdrawals, added Entrust.

Hugh Bromma, CEO of Entrust, said: "Entrust's groundbreaking IRA Card Checkin service - both the IRA Debit Card product and The IRA Card Checking Account service - provides our account holders with a simple, handy, easy-to-use way to purchase an asset for their self-directed IRA, improve an existing IRA asset or take a required minimum distribution."