How to open a Precious Metals IRA IN 3 EASY STEPS
1. Open a self-directed IRA
You have the right to invest your IRA in gold, silver, platinum, and palladium, but none of these investments are available to you through your current IRA or 401(k). This is because your current account provider would rather reduce the amount of work they do for you by dealing only in publicly traded stocks and bonds, which can be administered electronically. Don’t limit yourself and let their agenda make you lose out on historic financial gains!
By opening a self-directed IRA, you can decide where to invest your IRA funds. A self-directed IRA gives you the power to invest in gold, and this is where the IRA experts at Gold Alliance come in. We’ll help you learn how a precious metals IRA works. We’ll also help you choose the right IRA-approved gold, maximizing your portfolio’s potential, optimizing its diversity, and giving you complete control over your range of assets. Creating your own Gold IRA account opens the door to new investment possibilities. By going beyond the traditional stocks, bonds, and mutual funds chosen by your current custodian, you’ll be better positioned to manage any gains, losses, or risks involving your life savings.
2. Fund your account
Wondering how to start a precious metals IRA? A precious metals retirement protection plan from Gold Alliance begins with either a rollover, a direct rollover, or a transfer of funds from qualified retirement plans (such as a 401(k), a 401(a), a 403(b), a 457, Thrift Savings Plans, and annuities) to your self-directed IRA’s custodian.
These transactions are distinctly different, and understanding the rules associated with each is vital if you want to make sure you prevent delays and possible tax consequences. With our wealth of experience, we’re here to guide you through this process every step of the way. As you learn how to start a precious metals IRA, we will let you transfer or roll over any portion of an existing IRA into gold, silver, or one of our other IRA-approved precious metals. If you’re looking to invest specifically in silver, take a look at our other page: How to Open a Silver IRA Account.
We’ll also make sure we minimize the potential for errors in the transaction process. The best way to guarantee you perform your transfer or rollover correctly is by calling one of our Gold IRA experts for a free consultation. Let us guide you through the process of creating a Gold IRA and planning your retirement.
3. Select gold and silver approved for IRA investment
All that’s left to do is to stock your Gold IRA account with precious metal investments. By talking to your dedicated Account Executive, you can find out which gold coins are performing the best, and what your options are if you want to diversify your portfolio by branching out into silver, platinum, and palladium.
When you roll over your IRA into precious metals, you’re securing your own retirement protection:
- You protect it from currency devaluations.
- You shield it against the effects of inflation.
- You preserve your retirement savings against government confiscation.
With one of Gold Alliance’s Precious Metals IRAs, you don’t get a flimsy piece of paper stating you own an interest in gold, nor are you saddled with the extortionate operating costs that come with gold ETFs. You get physical gold—a durable, proven asset in the face of volatile markets.
A Gold Alliance IRA expert is waiting to help you make the smart choice to diversify your IRA portfolio today. Make the choice to invest in retirement protection in just a few minutes by contacting our team at 888-734-7435. We’ll walk you through the precious metals IRA rollover and transfer process from start to finish. After consulting with our experts, you’ll no longer wonder how to open a precious metals IRA; instead, you’ll be able to confidently decide which precious metals IRA fits your financial needs.