Setting Up A Self-Directed IRA Account, It’s Simple...
Treasury Vault makes it possible for you to purchase physical currency and/or precious metals within a self-directed IRA.
Financial professionals across the globe all agree that asset diversification is critical. Unfortunately, most Americans do not realize that the Internal Revenue Service (IRS) allows investors to place a wide variety of assets into self-directed retirement accounts (IRAs), including Currency, Gold, Silver, Other Precious Metals and Real Estate.
Setting up a self-directed IRA is simple, however there are mandatory rules enforced by the IRS that govern these types of IRA accounts that must be followed. For instance, you may not be in physical possession of the assets held within your IRA. These must be secured in a depository or independent facility. Fortunately there are companies that specialize in the setting up and administering of self-directed IRAs such as American Pension Services and Entrust.
Treasury Vault can assist you in working with the IRA Administrator of your choice while also providing your IRA with the physical currency or commodities that we have to offer.
Precious Metals or Currency IRA Accounts
A Gold/Silver or Currency IRA investment is a simple 4 step process to set up. We are happy to assist you with questions you may have along the way. Please call us at 1.888.348.2441 for step by step assistance.
Roll over your IRA/401k into a physical Gold and Silver or Currency IRA with no penalties or taxes. Open an account with one of 3 major Retirement Service Providers and roll over all or a portion of your current IRA/401k. You can also set-up a completely new self-directed IRA account.
|American Pension Services
4168 W. 12600 S. Ste 300
|American Estate & Trust
515 E. 4500 S. G-200
|New Direction IRA, Inc.
1070 W Century Dr. Suite 101
Designate Treasury Vault as your IRA Currency and/or Precious Metals Dealer.
Choose the currency and/or precious metals for your retirement needs and complete a trade.
Receive a confirmation of payment from Treasury Vault and track your shipment to the depository of your choice.
Gold & Silver IRA - FAQ’s
How can I fund my account?
Begin by opening an account with any of the IRA providers listed under “Step 1″ above. After you have opened your account you can transfer funds from other accounts, rollover an existing IRA account or make new contributions to your Gold IRA account.
Can I receive the delivery of the precious metals I order?
No, each trust company uses a depository in where your precious metals are securely stored.
How are the precious metals stored?
The type of storage varies from each IRA service provider. Some providers offer segregated or non-segregated storage in vaults. The difference is that segregated storage will guarantee that your precious metals are stored separately from goods of other customers while non-segregated means that your precious metals will likely be mixed with similar precious metals that are of the same purity and weight. Be sure to consult with your IRA service provider for more information on storage.
Can I add previously bought precious metals to a new Precious Metal IRA?
No. However, you can rollover from other IRA accounts or purchase and fund precious metals via a bank transfer.
What will happen when my IRA matures?
You can liquidate your account through Treasury Vault and turn it into cash or request them physically via delivery.
How much does opening a precious metal IRA cost?
Opening an account is actually very affordable but prices vary from each provider. Setup fees are usually around $50 and then there is an annual fee of around $75. Storage is charged separately and estimated to be priced at an annual amount of $125.
What kinds of precious metals can I purchase for my IRA?
American Eagle Coin & Proof
Pamp/Credit Suisse Bars .999 Fine
Canadian Maple Leaf
U.S. Buffalo Uncirculated version
Gold Bars-.995+Fine that are accredited by Comex/Nymex
American Eagle Coin & Proof
Canadian Maple Leaf
Silver Bars-.999+ Fine that are accredited by Comex/Nymex
Which coins are eligible for a precious metal IRA?
The American Proof Gold and Silver Eagle are both eligible for a precious metal IRA. These uncirculated coins are a collector’s version and must have all the paper work provided by the U.S mint and its original box.
Gold IRA Investment, Rollover, Rules & More
You can use gold, silver, platinum or palladium bullion and coins or American Eagle Gold and Silver Proof coins and place them in your IRA account stored at the Delaware Depository. One of the most secure coins to use in this process are proof coins, since they differ from the more mass produced bullion products in that they are unique collector’s versions and therefore considered to be non-confiscatable. In other words, the government can’t force you to sell them your coins in time of crisis for less than what they’re worth. American Eagle Proof coins are of the highest quality, and mass produced bullion coins pale in comparison to them. And their value is only expected to climb over the coming years.
In short, proof coins are highly collectible limited mint editions of an American Gold Eagle coin. Everything from coin rarity to condition to age affects the value of these coins. Each year a certain number of proof coins are minted by the government. Some years the coins sell out rapidly, while others may take a bit longer. The combination of gold value combines with the collectability of the coin and drives its value up or down. The proof values are registered on the market and are generally a bit more stable than gold bullion itself is. In other words, proof coins are even more stable than gold bullion coins or other forms of gold.
You’ll essentially place your proof coins into a physical gold IRA that will function much like a traditional IRA fund. Whether you want to start a new IRA or do a gold IRA rollover, these types of gold IRA investing plans are among the safest, most secure, and reliable on the market. It’s little wonder that they continue to increase in popularity quickly. Filling out a handful of forms will get you on your way towards a gold IRA. As a whole, gold is one of the most important investments you can make. In fact, an investment of 25,000 dollars in select gold coins in the early 1970s would be worth over half a million dollars today. That figure should speak for itself.
You really can’t go wrong with a precious metal IRA. If you have any questions about gold IRA rules, or if you want to learn more about opening a Morgan gold IRA or other gold IRA account, please contact us. We would love to share our wealth of knowledge and get you started on your own gold IRA.
*Please make your own decision regarding which IRA custodian with whom you choose to work. Tax laws regarding retirement accounts are constantly changing, and we do not give tax advice. You should speak with a certified tax advisor before making decisions regarding your retirement account.