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All individual Texas District CEF investments (FLEX, fixed and floating rate notes) may be included in a person's IRA portfolio. Through our custodian GoldStar Trust Company, Texas District CEF offers:

Traditional IRAs

Traditional IRA’s help you to save for your retirement by allowing the earnings to grow tax-deferred. Contributions may also be tax-deductible if you meet certain conditions. Distributions from the IRA are generally taxable at the time of withdrawal.

Roth IRA’s

Roth IRA’s advantage to saving for retirement is tax-free distributions if certain conditions are met. You must have earned income to open a Roth IRA. Contributions are not tax-deductible.

ESA (Coverdell Educational IRA’s)

A Coverdell Education IRA can be used to make annual non-deductible contributions on behalf of a child under the age of 18. The earnings will remain tax-deferred while in the ESA. When the child uses the ESA to pay for qualified education expenses, the contributions and earnings are distributed tax free.

SEP (Simplified Employee Pension Plan)

A SEP Plan allows employers to contribute to traditional (SEP-IRAs) set up for employees. A business of any size, even self-employed can establish a SEP.

Simple Plans

Savings Incentive Match Plan for Employees (SIMPLE) allows employees and employers to contribute to traditional IRAs set up for employees. It is ideally suited as a start-up retirement savings plan for small employers not currently sponsoring a retirement plan.

IRA Videos



How do I invest in a Texas District CEF IRA?

Complete the forms from the section below to establish an IRA; visit GoldStar's web site for additional options. Most of these forms need only be completed once, with your first Texas District CEF IRA investment. Additional investments to the same type of IRA (Traditional, Roth, SEP, etc.) only require a Texas District CEF IRA Investment Application and a check to GoldStar Trust Company.

Return your completed forms to Texas District CEF. Texas District CEF will pay the annual $45 dollar fee that GoldStar charges for IRAs.

IRA Forms

For Brand New IRA with Texas District CEF

For Brand New IRA with Texas District CEF

  1. IRA Account Application
  2. IRA Investment Authorization
  3. Simplifiers are only needed for your first Traditional IRA, Roth IRA and/or Coverdell ESA. Be sure to select appropriate Simplifier form for IRA type.
    Traditional Simplifier
    Roth Simplifier
    Coverdell ESA Simplifier
  4. Check made payable to GOLDSTAR Trust Company.

For IRA Rollover

For IRA Rollover

(60-day rollover of assets previously distributed to you from an IRA that you are using to open new IRA)

  1. IRA Account Application
  2. IRA Investment Authorization
  3. Simplifiers are only needed for your first Traditional IRA, Roth IRA and/or Coverdell ESA. Be sure to select appropriate Simplifier form for IRA type.
    Traditional Simplifier
    Roth Simplifier
    Coverdell ESA Simplifier
  4. IRA Rollover Certification

For IRA Transfer or direct Rollover

For IRA Transfer or direct Rollover

(Transfer funds from another qualified IRA or qualified retirement plan. Funds are transferred directly to GoldStar Trust Company)

  1. IRA Account Application
  2. IRA Investment Authorization
  3. Simplifiers are only needed for your first Traditional IRA, Roth IRA and/or Coverdell ESA. Be sure to select appropriate Simplifier form for IRA type.
    Traditional Simplifier
    Roth Simplifier
    Coverdell ESA Simplifier
  4. IRA Transfer/Direct Rollover Request Form
  5. Most recent account statement from current IRA Custodian or qualified retirement plan with name and current address on it.

For Roth IRA Transfer

For Roth IRA Transfer

(Transfer funds from Roth IRA to open another ROTH IRA. Funds are transferred directly to GoldStar Trust Company)

  1. IRA Account Application
  2. IRA Investment Authorization
  3. Simplifiers are only needed for your first Roth IRA. Roth Simplifier
  4. Roth Transfer Request Form
  5. Most recent account statement from current IRA Custodian with name and current address on it.

All IRA Forms

All IRA Forms

IRA Account Application - used to open any form of IRA investment with CEF. Checks must be payable to GoldStar Trust Company rather than Texas CEF.
IRA Investment Authorization - instructs GoldStar to include this CEF investment in your IRA portfolio.
IRA Rollover Certification - Complete this form only when initiating a 60-day rollover of assets previously distributed to you from an IRA or Employer-sponsored retirement plan.
IRA Transfer/Direct Rollover Request - used to transfer funds from another qualified IRA or a direct rollover from a qualified 401(k) or similar retirement plan.
Roth Transfer Request - Complete this form if doing a direct transfer of a ROTH IRA.
Traditional Simplifier - form to establish a Traditional IRA custodial account with GoldStar. Only needed for your first Traditional IRA investment.
Roth Simplifier - form to establish a Roth IRA custodial account with GoldStar. Only needed for your first Roth IRA investment. 
Coverdell ESA Transfer Request - Complete this form if doing a direct transfer of a Coverdell Education Savings Account.
Coverdell ESA Simplifier - form to establish a Coverdell ESA custodial account with GoldStar. Only needed for your first ESA investment.

IRS Information

Note that very specific regulations apply when contributing to an IRA, with eligibility and deposit amounts limited by a person's age, employment situation, and several other conditions. The following links on the IRS.gov website offer key information on IRAs.
IRS IRA contribution limits
IRS IRA deduction limits

Consult Your Tax Advisor

Neither Texas District CEF nor its representatives give legal, accounting, or tax advice. We always suggest that you consult with your tax advisor as to the applicability of this information to your own situation.