A gold IRA can reduce the volatility of your retirement portfolio. Historically, gold has moved counter to the direction of stocks, bonds and mutual funds.
Regardless of your traditional investment preferences, a tangible asset like gold can improve the profitability and safety of your retirement portfolio.
Including gold within an existing retirement account could improve investment performance by either increasing returns without increasing risk, or by reducing risk without adversely affecting returns.
If you had purchased $25,000 of gold in 2001, you could have sold that same amount of gold 20 years later, in 2021, for around $165,000—that’s a return of over 650%. Has your current retirement account performed as well as a gold IRA would have?
From the traders of antiquity to today’s most savvy hedge funds, gold as an investment has always stood the test of time. Gold is accumulated for a myriad of reasons, including to hedge volatile stock markets, to offset fluctuating commodities prices, and as a safe haven against falling asset prices. To capitalize on consistent growth in value, gold has always proven the safest investment.
What Precious Metals Can Be Held in a Retirement Plan?
The United States government currently allows certain precious metals to be held in a retirement account. Here is the current list of acceptable precious metals for retirement accounts:
American Gold Eagle Coins ₁
Austrailian Gold Kangaroo/Nugget Coins
Austrian Gold Philharmonic
Canadian Gold Maple Leaf Coins
Credit Suisse Gold – PAMP Suisse gold Bars .999
U.S. Buffalo Gold Uncirculated Coins (No Proofs)
Gold Bars and Rounds as referenced below ₂
American Silver Eagle Coins ₁
Australian Silver Kookaburra Coins
Austrian Silver Philharmonic Coins
Canadian Silver Maple Leaf Coins
Mexican Silver Libertad Coins
Silver Bars and Rounds as referenced below ₂
American Platinum Eagle Coins ₁
Australian Platinum Koala Coins
Canadian Platinum Maple Leaf Coins
Isle of Man Platinum Noble Coins
Platinum Bars and Rounds as referenced below ₂
Palladium Bars and Rounds as referenced below ₂
1 Coins, including the American Eagle, that have undergone “certification” (also known as “slabbed” coins) are not acceptable in retirement plans at this time
2 Bars and rounds produced by manufacturers accredited by Nymex/Comex, LME, LBMA, NYSE/Liffe/CBOT, and ISE-9000 or a national mint.
The minimum fineness for bars are:
Gold .995+, Silver. 999+, Platinum .9995+, Palladium .9995+
Gold IRA Transfer vs. Rollover: Which Is Better for my Retirement Plan?
Gold IRA Transfer: When setting up a gold IRA, your first option is a “transfer,” which refers to transferring existing assets from an IRA to a new gold IRA. This is something you can do at any time with your existing IRA, as long as the assets are transferred directly from one IRA custodian to custodian. This means the distribution check from the old IRA custodian must be made out in the name of the trustee or custodian of the new IRA account that receives the funds. Transfers may be made as often as you want. You can be assured that Regal Assets has organized thousands of these types of transfers for our customers.
Gold IRA Rollover: The alternative is a “rollover.” A rollover occurs when the account holder personally receives a distribution from their existing retirement account and then turn around and deposit it in another custodial account. In this case you would need to re-deposit the funds into the new retirement plan account within 60 days. If the 60 day time period is exceeded, you would be liable for taxes and penalties on the money withdrawn. You may roll over the same money only once every 12 months to preserve the tax-deferred status of your retirement savings.
GET STARTED TODAY
It is easy as 1, 2, 3 just follow these simple steps:
STEP 1: Click the ‘Open Your Gold IRA Account’ button below.
STEP 2: Fill out as much of the form as you can.
STEP 3: When you are done filling out the form the Regal Assets retirement account team will start going to work for you.
Once we receive your submission someone from our retirement account team will immediately put together all of the appropriate paperwork for you and will begin working with your existing custodian.
Upon receiving your signed paperwork we will have a new IRA account setup for you within 24 business hours. Our team of retirement account specialists will keep you in the loop every step of the way so you know exactly where we are in the process.
Gold IRA FAQs
A gold IRA is any individual retirement account (IRA) that contains physical gold. IRAs were first introduced in 1974 with the passage of the Employee Retirement Income Security Act (ERISA) into federal law. They are designed to provide tax advantages to account holders in the form of tax deferment or tax-free contributions for the holder’s eventual benefit during retirement.
Traditional IRAs are composed of before-tax dollars and are therefore subject to taxation upon withdrawal during one’s retirement. Roth IRAs, on the other hand, consist of after-tax contributions and therefore appreciate in value on a tax-free basis. Either account type can hold gold or other precious metals.
Gold IRAs can contain a wide variety of assets both tangible and intangible, including gold bullion, stocks, ETFs, mutual funds, bonds, and certain alternative assets. Gold IRAs can contain any of these assets in any concentration the account holder desires.
However, certain assets are ineligible for inclusion in an IRA, or any registered retirement account for that matter. Most notably, IRA-ineligible assets include anything deemed by the IRS as a collectible under IRC Section 590, including:
- Fine art
- Numismatic coins
- Wines and spirits
Yes and no. While most gold IRA companies, including Regal Assets, allows account holders to withdraw their gold holdings and take physical possession of them at home, they would thereafter be ineligible for inclusion in one’s IRA. Therefore, taking a gold distribution would trigger a taxable event. Any gold stored at home cannot be included in an IRA per IRS regulations.
Yes, gold IRA custodians can facilitate 401(k) to IRA rollovers and transfers where funds are withdrawn from one account and deposited into another. These processes require minimal input from the account holder and, as such, carry a minimal risk of IRS penalties.
Like any service industry, there are some bad actors within the gold IRA investing space. These companies usually mislead customers or prospects into storing their gold at home, or into buying “rare” or “uncirculated” coins that are, in fact, ineligible for IRA inclusion. Although relatively rare, you can avoid these scams by avoiding untrustworthy companies and custodians and opting for well-reviewed service providers.
During periods of market instability and volatility, gold and other precious metals can provide a stable store of value and safeguard your retirement savings. Gold IRAs allow investors to manage risk in their portfolios by investing in alternative assets while avoiding credit and counterparty risks.
No, gold held within an IRA cannot be stored at home. All gold assets, if kept within an IRA, must be held by a trusted third-party depository. Regal Assets partners with Brink’s to provide trusted, IRS-approved storage solutions across North America and Singapore.
Yes, IRAs can hold physical gold bullion and select coins.
Gold IRA custodians ensure that the account holder’s assets are kept in the custody of an IRS-approved nonbank trustee. These facilities are held to maximum security standards and are protected by full FDIC insurance coverage.
Yes, gold assets can be sold on the open market while included within an IRA. Regal Assets also offers a buyback program to purchase an account holder’s precious metals assets at a locked in price.
Yes, individuals can open and maintain as many IRAs as they please.
Typically, a custodian-to-custodian IRA transfer or rollover takes between 3 and 5 business days to complete.