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Certain precious metals, such as gold, silver, platinum, and palladium bars and coins are IRA-eligible and may be added to your retirement account just like stocks, bonds, and other investments.
What types of Precious Metals can I place in my IRA Account?
Generally speaking, gold bullion coins and bars that are a minimum of .995 fine, silver bullion that is a minimum of .999 fine, and platinum and palladium that is a minimum of .995 fine as designated by Comex, Nymex, LME, LBMA, Liffe, NYSE, CBOT or ISO 9000 | PAMP and Credit Suisse are eligible for placement in an IRA account.
- IRA Eligible Precious Metals -
GOLD BARS: Gold Bars that are 995+ Fine and PAMP and Credit Suisse Gold Bars that are .999 Fine; GOLD COINS: Gold American Eagles | Canadian Gold Maple Leafs | Austrian Gold Philharmonics | Australian Nuggets, A.K.A. Kangaroos | U.S. Gold Buffalos (Uncirculated)
SILVER BARS: Silver Bars that are .999+ Fine; SILVER COINS: American Silver Eagles | Austrian Silver Philharmonics | Australian Silver Kookaburras | Canadian Silver Maple Leafs | Silver Buffalo Rounds
PLATINUM BARS: Platinum Bars that are.9995+ Fine; PLATINUM COINS: American Platinum Eagles | Australian Platinum Koalas | Canadian Maple Leafs | Isle of Man Platinum Nobles
PALLADIUIM BARS: Palladium Bars that are .9995+ Fine | Canadian Palladium Maple Leafs
Goldmart makes adding these precious metals to your IRA or 401k account easier than ever!
- How to establish a Precious Metals IRA in 6 Easy Steps -
1. Set up and initially fund a Precious Metals Account from one of the following IRA Facilitators:
|New Direction IRA||Equity Institutional|
|Goldstar Trust Company||Self Directed IRA Services|
2. When the account has established, you must fund it with new contributions or from rollovers from existing IRA or 401k accounts.
3. Once you have done this, you must contact Goldmart by phone at (888) 470-0170 to purchase precious metals for your account.
4. Previously, you will have received a “buy-direction form” from your facilitator. Sign and FAX this form, as well as a copy of your “order confirmation,” back to your facilitator.
5. Your facilitator will send us funds and, in turn, we will immediately ship your precious metals to the depository you have selected. There, your investment in Precious Metals will be stored in a secure vault for the duration of your IRA.
|DDSC (Delaware Depository Services Co.)||Gold Silver Vault|
|Via Mat International Inc.||Diamond State Depository|
For questions, further information, or if you wish to expedite the setup of your account, please call goldmart.com at (888) 470-0170.