FAQ's

A Gold IRA is an IRS-approved retirement account that functions in the same way as a regular IRA and allows you investing in physical Gold coins and bars and other IRS approved precious metals such as silver, platinum and palladium metals. Read More.

A gold IRA works exactly like any retirement. You will be investing your retirement funds based on specific tax treatment (pre-tax or after-tax) and then take distributions in future. With your Gold IRA or Custom Precious Metals IRA, you will continue to have beneficiary(ies), receive quarterly statements and be able to login online to check your balances.

Yes, the specific IRS code is listed under U.S Code (408) (m) (3). Click the following link to read more.

The following major types of retirement accounts are eligible to be transferred without age restrictions: traditional IRA, Roth IRA, Simplified Employee Pension (SEP) IRA, and Savings Incentive Match Plan for Employees of Small Employers (SIMPLE).  Other types of retirement accounts could be qualified to be transferred if the individual is over 59 ½ years old or no longer works with prior employer, such as: 401k, 403b, 457b and Thrift Savings Plan (TSP).

With the Taxpayer Relief Act of 1997, the IRS approved the following four main precious metals to be invested into an IRA: gold, silver, platinum and palladium. Further, within each type of metal, the IRS only allowed a select few forms of bullion, coins, rounds and bars.  IRS issued requirements of fineness for the precious metals products with minimum 99.5% finesses for gold, 99.9% for silver and 99.95% for both platinum and palladium.

No, any coins or bars produced by national government mint, refiner, assayer, manufactured, accredited and certified by NYMEX or COMEX that doesn’t meet the minimum fineness requirement. Examples include:

• Any rare or collectible coin such ash pre-1933 numismatic gold coins and or pre-1964 silver coins.
• Austrian Corona and Ducat
• Belgian Franc
• British Brittania (pre-2013)
• British Sovereign
• Chilean Peso
• Columbian Peso
• Dutch Guilder
• French Franc
• German Mark
• Hungarian Korona
• Italian Lira
• Mexican Peso and Onza
• South African Krugerrand
• Swiss Franc