You’ve come to the right place! Here’s our list of frequently asked questions (FAQs) we get regarding Precious Metals IRAs. for a list of FAQs regarding Purchases for direct delivery to your home done with cash/check/wire, click here.
You have two tax-free and penalty-free options: the direct trustee-to-trustee funds transfer or the 60-day rollover.
- Through the trustee-to-trustee transfer, your retirement funds move directly from your current IRA provider to your new precious metals IRA provider.
- If you go with the 60-day rollover method, you’ll receive a mailed check to your home address from your current IRA account provider. All you have to do is mail that check to your new precious metals IRA custodian to be deposited. Do this within 60 days and you won’t incur any taxes or penalties.
If this process appears complicated (and concerning because it relates to your retirement savings!), don’t worry. With your consent, we’ll assign you a dedicated Gold Alliance IRA team member to assist you in choosing the right IRA custodian for you. And that’s not all. They’ll also fill out all the paperwork and make all the necessary calls, so you can reap all the benefits without any hassles.