• Get 2-6% guaranteed savings on IRA silver prices! Just share a competitor's quote — we'll beat it. More metal, less cost. Secure your future with smarter silver investing.
• Buying through Bold gives you one more powerful advantage: the peace of mind that comes from effortlessly tracking your precious metals investments with our intuitive Portfolio tool.
• Investing in BOLD Precious Metals offers excellent value with premium products at competitive prices.
Open and set up your self-directed IRA in minutes with BOLD. Start your investment journey securely
Our team is ready to guide you through the process of funding, whether it is a new account or an IRA transfer.
Browse a wide range of IRA-approved precious metals, all guaranteed for IRA eligibility.
Finalize your order, and once your funds are transferred, we'll handle everything for secure storage.
Request a call back to invest in precious metals IRA.
Questions? Call 1(866)454-BOLD or email [email protected]
Investing in a Precious Metals IRA and owning physical Precious Metals are distinct approaches with different benefits. A Precious Metals IRA involves placing precious metals like gold, silver, platinum, or palladium within a tax-advantaged retirement account. Diversifying a retirement portfolio over conventional investments, like stocks and bonds, may give tax advantages.
On the other hand, owning physical Precious Metals means possessing actual valuable metals like coins or bars. This possession may act as a concrete buffer against monetary and economic volatility. It's a direct ownership that you can physically hold or store.
The choice depends on your goals. A Precious Metals IRA focuses on long-term retirement planning with tax advantages. Owning physical metals is more about immediate ownership and potential wealth preservation. Your investing horizon, capacity for risk, and precious metals' significance in your financial plan are crucial. Financial advisors can aid you in picking the best selection for your scenario.
Not all precious metal products are approved for IRAs, including jewelry, non-accredited refiner metals, and numismatic coins.
Examples of disallowed items for IRAs:
- Pre-1933 gold
- Gold Krugerrands
- 90% US silver coins
- Austrian Corona & Ducat
- US Buffalo Proof
- US Liberty
- Gold and Silver Britannias (pre-2013)
- British Sovereign
- US Liberty
- Belgian 20 Franc
- Chilean 100 Peso
- Columbian Peso
These products are categorized as collectibles by the IRS and are ineligible for IRAs due to specific requirements for fineness and form, which include acceptable bars, ingots, wafers, and coins.
Indeed, you have the option to transfer an existing IRA to a self-directed precious metals IRA. The process varies based on your IRA type and desired retirement account. Common methods include:
1.Direct Rollover : Request your employer-sponsored plan administrator to move funds directly to the precious metals IRA, avoiding taxes and penalties.
2.Trustee-to-Trustee Transfer : Instruct your traditional/Roth IRA custodian to directly transfer funds, sidestepping taxes and penalties.
3. 60-Day Rollover : Receive retirement account distribution and deposit it into the metals IRA within 60 days to avoid taxes/penalties, staying within one rollover annually per account.
Yes. You can possess multiple IRAs, but staying within annual contribution limits across all accounts is essential. The IRS doesn't limit the count of traditional or Roth IRAs you can hold.
Having multiple IRAs offers pros and cons to weigh before opening additional accounts.
Notable benefits include:
- Enhanced protection against financial institution insolvency,
- Increased investment options, flexible choices,
- Simplified tax diversification.
- Also, contributing on behalf of a spouse is feasible.
However, drawbacks encompass:
- Higher fees, - Added complexity, - Increased paperwork, - Potential confusion, errors, and - Reduced feasibility for backdoor Roth conversions.
Be sure to evaluate these aspects when considering multiple IRAs for your financial strategy.
The shipping duration for your IRA metals hinges on factors like metal type, storage location, shipping method, and product availability. Generally, delivery can range from a few days to weeks. Key considerations affecting shipping time include:
Metal Type: Availability varies; common metals like bullion are quicker to ship than rarer options like collectibles.
Storage Location:Proximity to the storage facility matters; BOLD’s partnerships with certain facilities can expedite secure shipping.
Shipping Method:Choice impacts delivery; registered mail or couriers are faster and safer but might incur higher costs or require extra precautions.
Product Availability:Market demand and dealer inventory influence supply; delays might occur due to stock shortages or backorders/pre-orders.
For precise shipping times, consult our customer service experts and custodians for estimated delivery dates.
Rest assured, your metals are insured at the chosen depository. Insurance coverage depends on the depository and metal value. Depositories typically offer:
1. All-risk insurance: Covers physical loss or damage due to theft, fire, natural disasters, etc. They are often backed by reputable insurers like Lloyd's of London.
2. Shipping insurance: Protects against transit loss or damage from dealer to depository or vice versa, often by the depository or shipping company.
3. Liability insurance: Covers depository's legal liability resulting from holding your metals, e.g., negligence. Usually provided by the depository or its parent company.
Before storage, confirm policy details with the depository and custodian. Obtain a proof of insurance certificate detailing coverage.
Yes, in 2023, IRA contribution limits apply to combined traditional and Roth IRA contributions. These limits vary based on age, income, and filing status:
If under 50, you can contribute up to $6,500; if 50 or older, up to $7,500.
These limits don't bind rollovers, reservist repayments, and spousal IRAs.
Traditional IRA contributions may be tax-deductible, affected by income and workplace retirement plans.
Roth IRA contributions aren't tax-deductible, with possible limits due to income.
Any age can contribute to traditional IRAs; Roth IRAs need earned income.
Investing with an IRA doesn't grant you actual possession of precious metals. A custodian securely stores them in an approved facility, adhering to IRS regulations. Keeping them at home or in a bank breaches IRA rules set by the IRS. Retrieval is only possible upon IRA withdrawal, potentially incurring taxes and penalties based on your age and IRA type.
Yes, you can receive physical metal delivery when withdrawing from your IRA. However, doing so within the IRA violates IRS rules, leading to taxes and penalties.
To get the metal:
1. Contact your Senior Portfolio Manager.
2. Complete the custodian's distribution form.
3. Submit your signed document to the custodian.
Metal delivery takes ~7 business days from the request. Alternatively, opt for cash by liquidating the metal.
Custodian and storage fees are expenses paid to a financial institution or depository for managing IRA assets like precious metals.
Costs vary based on the chosen company, IRA type, and asset value.
Custodian fees range from $10 to $60 monthly or 0.35% to 1% annually.
Additional charges might apply for transactions or services.
Storage fees covering precious metal safekeeping range from $100 to $300 yearly or 0.5% to 1.5%.
Extra fees could include insurance, shipping, or handling.
These fees impact IRA performance.
Choosing a transparent, competitive company is crucial for optimizing investments.
We maintain no distinct IRA Purchase minimum; nevertheless, a universal $100 minimum for all orders persists. Yet, it's notable that most IRA purchases surpass this threshold.
Enjoy free shipping for IRA orders over $199, with a $9.95 shipping fee for orders below. Our packages include free insurance and tracking, ensuring you can monitor their journey to the depository. Your precious metals are fully insured against loss or damage during transit, providing peace of mind.
Affiliations
Copyright BOLD Precious Metals 2025
