precious metals ira
For several years only gold and silver U.S. American Eagle coins were allowed as IRA investments. The Taxpayer Relief Act of 1997 significantly broadened the allowable exceptions to include Canadian Maple Leafs, Austrian Philharmonics and various other gold, silver, platinum and palladium bullion which meet certain standards.
GoldStar Trust Company is a leading custodian for Self-Directed IRAs specializing in precious metals in the United States. Our experience and expertise in precious metals investments make it easy to own these assets as part of your retirement. Are you ready to enhance your portfolio with a precious metals-backed IRA?
NEW ACCOUNTS: We encourage you to download one of our Precious Metals Investment Guides (Traditional or Roth) on the left of your screen. These packets include all the forms you will need as well as brief instructions on how to get started and a checklist for new accounts.
There are three simple steps:
- Establish your Self-Directed IRA account
- Fund the account with regular contributions, transfers or rollovers
- Give GoldStar investment instructions
Choose your precious metals dealer, negotiate the price and initiate your purchase by submitting an Investment Direction to GoldStar. Our precious metals department will notify the specified dealer when your account is funded. After we receive purchase details, the metals are shipped and payment is made from the IRA. This entire process typically takes 2-4 weeks or longer depending on how quickly GoldStar receives funds from your resigning custodian(s).
Your metal will be stored at an internationally recognized precious metals depository. GoldStar will provide a semiannual account statement, showing all activity in your account and an estimated fair market value of your investments as well as providing 24/7 online access to your account.
Call to set up your password and access your GoldStar account online.
When it is time to take distributions from your IRA, choose to convert your precious metals investments to cash through your dealer, or take a distribution of the actual coins or bullion. Get started today!
The tax laws regarding IRAs are complex and cannot be covered fully on this website. This is especially true for rollovers from other retirement plans. Before making any decisions you should seek competent advice from your attorney, CPA or investment advisor.
GoldStar is not affiliated with any precious metals dealer, does not offer investments or investment advice, and receives no compensation from investments made for your account. The representative for the dealer who is assisting you may be able to answer some of your questions. However, such representatives do not represent GoldStar, and you should always contact us directly with questions about your GoldStar account.
FDIC NOTICE: IRA and/or Bond investments represented on this website are not FDIC-insured, are not guaranteed by GoldStar Trust Company, and involve risk including possible loss of principal. If held in a GoldStar IRA or GAMMA account, the un-invested cash portion is FDIC insured up to $250,000.