Precious Metals IRA

Diversify Your Retirement With a Precious Metals IRA

A Precious Metals IRA allows you to utilize the tax savings of a retirement account while holding physical gold, silver, platinum, and palladium in your account. We have thoroughly vetted IRA custodians and storage facilities throughout North America to provide the best Precious Metals IRA options for our clients.

Eligible Accounts

Eligible accounts include:

Traditional IRA

Roth IRA

Traditional 401(k)

Roth 401(k)

Thrift Savings Plan (TSP)

403(b)

457(b)

Simplified Employee Pension (SEP)

Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)

Tax-Sheltered Annuity (TSA)

Precious Metals Depository and IRA Custodian

We partner with various Precious Metals IRA custodians to provide unique solutions for our clients. Our preferred providers are selected based on their proven track record in the precious metals industry, and accessible customer service for client accounts.

Your IRA-eligible precious metals will be securely stored at your depository of choice. To promote client security and satisfaction, we work with the following precious metals depositories for your IRA storage needs.

Texas Precious Metals Depository

Shiner, TX

Delaware Depository

Wilmington, DE or Boulder City, NV

International Depository Services

Dallas, TX or New Castle, DE

Speak with a specialist: (877) 444-0923

How to Get Started With an IRA in Precious Metals

A Precious Metals IRA is easy to establish and manage. Preserve Gold’s team of precious metals specialists will guide you through the opening of your Precious Metals IRA in 3 easy steps:

TALK TO A SPECIALIST

Call a specialist at (877) 444-0923 and they will help you accurately fill out the needed paperwork to ensure your account(s) are transferred tax and penalty free.

FUND YOUR IRA ACCOUNT

Funds swiftly auto-transfer to your new IRA account in as little as 3 days, ensuring a quick setup for your Precious Metals IRA account. Preserve Gold will help you effortlessly secure your financial future.

PURCHASE YOUR METALS

Your dedicated specialist will assist you in the selection of gold and silver bars, coins and rounds for your account. These metals will be securely stored through an IRA approved vault at Delaware Depository, Texas Precious Metals Depository, or International Depository Services.

Preserve Gold Support

Our team at Preserve Gold is here for you to guide you through the process of rolling over your retirement account. We’re readily available to answer any questions concerning your Precious Metals IRA and the precious metals you’ve purchased. Our services do not end after your metals are delivered; we are always available to answer any questions you have about your precious metals. Our clients may also benefit from our buy-back policy with no additional fees when you are ready to sell. Call (877) 444-0923 to get started.

IRS Approved Gold and Silver

The Taxpayer Relief Act of 1997 allows individuals to hold precious metals within their retirement accounts.

The Act sets some restrictions:

- The IRS allows only bullion, coins, bars, and rounds with additional requirements around the purity of those metals. You cannot hold collectibles in your IRA. We offer the largest selection of IRA-eligible coins and bars for you to choose from.

- Precious metals must be managed by an IRS-approved custodian and stored with an approved depository, not the IRA owner. Preserve partners only with vetted custodians and depositories to streamline the process and keep your accounts secure.

Distributions of Precious Metals IRAs work the same as any other IRA:

- You must take minimum distributions after you turn 73, and there may be penalties if you take distributions before the age of 59.5.

- You can liquidate your IRA metals for cash or take physical possession; however, this is counted as an IRA distribution.

Benefits of a Precious Metals IRA

Tax Advantages

Buying gold and silver in a retirement account allows you to enjoy tax savings. With a traditional Gold IRA (or Silver IRA), you receive an upfront benefit of tax deferral when you make a contribution. Your assets then grow tax-deferred. You can expect to pay regular income tax on your withdrawals in retirement.

With a Roth version of a precious metals retirement account, you lose the upfront benefit of tax deferral, but enjoy tax-free withdrawals in retirement. Both options allow you to save on taxes, now or later.

Diversification

Adding gold or silver to your IRA can help hedge your overall retirement savings. Precious metals tend to move independently of the dollar and the broader economy. Especially in times of financial or geopolitical uncertainty, gold has usually retained its value or increased in value relative to other assets. This can stabilize your overall retirement savings and smooth out your returns.

Inflation Protection

If you are like most Americans, you have most of your income and assets denominated in the U.S. dollar. This makes you vulnerable to a loss of purchasing power as more dollars are printed triggering inflationary periods. Diversifying with a precious metals retirement account can help mitigate damage to your net worth from a significant decline in the dollar. Because gold can not be printed out of thin air and is therefore a store a value that is relatively immune to inflation, it can help protect your purchasing power and mitigate inflation risks.

Control

With a self-directed Precious Metals IRA, you maintain control. You direct all buy and sell actions in your account. Also, with Preserve Gold, you get lifetime access to our zero-fee buyback policy, which can provide you with liquidity if and when you need it.

Physical Gold, no Counterparty Risk

Preserve Gold only offers the physical form of gold, silver, platinum and palladium to its clients. We believe this is critical, especially as counterparty risks increase during times of economic instability.

Frequently Asked Questions about Gold IRAs

Q. Can I roll over my Roth retirement account to a Roth Precious Metals IRA?

A. Yes, you have the choice to set up either a traditional or Roth precious metals retirement account. With a Roth Gold IRA account, you get tax-free withdrawals in retirement as long as you follow all regulations. This ability to create a tax-free income source in retirement makes the Roth account a great choice for many people. For specific recommendations based on your personal tax situation, consult with your tax advisor.

Q. Can I hold a combination of precious metals in a Gold IRA or Silver IRA?

A. Yes, you can hold any combination of IRS-approved gold, silver, platinum and palladium bars or coins in a Precious Metals IRA.

Q. Can I store the gold and silver within my Precious Metals IRA at home?

A. No. While some companies might be marketing this option, we do not believe this is a valid strategy. Current IRS regulations specifically require that physical precious metals be held within an approved depository or vault. These facilities are purpose-built and include significant technology to secure your precious metals. Your holdings will also be fully insured. Our specialists can assist you in selecting an appropriate depository for your needs. You can, however, buy gold and silver using funds outside of your retirement account. While you forgo the tax advantages, you have total control and can store the gold at home or at the location of your choice.

Q. Will I owe taxes or penalties when I roll over an existing retirement account into a Precious Metals IRA?

A. No, as long as the transfer is done correctly. There are no taxes or penalties for doing a rollover of part or all of your current retirement account, as long as you finish the entire process in 60 days. Your retirement plan may also be limited to one roll over every 12 months. Preserve Gold’s precious metals specialists can help you fill out the forms correctly, so the transfer meets the requirements. Always contact your tax advisor for any specific tax questions.

Q. Can I invest in gold or silver with my 401(k)?

A. Yes, you can roll over an eligible employer-sponsored 401(k) into a self-directed gold or silver IRA. This will allow you to use your retirement funds to purchase IRS-approved precious metals without paying taxes or incurring any penalties. If you no longer work for the company that holds your 401(k) or are over the age of 59.5, there are no restrictions.

However, if you are still employed by the company which holds your 401(k) and are under the age of 59.5, you may not be allowed to self-direct your account. Contact your 401(k) provider for more details.

Q. Can I contribute gold and silver I already own into my Precious Metals IRA?

A. No, the IRS requires that new precious metals be purchased for your retirement account. Your Preserve Gold specialist can help you select the appropriate metals that meet all requirements.

Q. What is a self directed IRA?

A.

A self-directed IRA is a retirement account that offers more investment freedom. It allows you to choose from a broader range of assets, including real estate, precious metals, private equity, and more, giving you greater control over your investment decisions compared to traditional IRAs.

Solidify Your Future With a Precious Metals IRA

Recent events have reminded us to expect the unexpected. Americans are buying gold and silver in their retirement accounts to hedge against unanticipated events and outcomes.

Today’s unusual times demand a proactive approach to diversifying your assets. We’re here to help people who are forward-thinking and ready to put protections in place by hedging their retirement with physical gold and silver.

Ready to Open a Precious Metals IRA? Give us a Call at (877) 444-0923

Ready to open a Precious Metals IRA?
Give us a call at (877) 444-0923