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Open a gold IRA

A Precious Metals IRA, or Individual Retirement Account, is a type of retirement account that allows the holder to invest in physical gold, silver, platinum, and palladium, in addition to more traditional investments such as stocks and bonds. Bullion Exchanges is glad to offer you an easy way to setup your Precious Metals IRA. We have partnered with GoldStar Trust Company and My Equity Trust to offer you the lowest costs and the quickest and most convenient way to open and maintain an IRA Account. Also, we give you the option to choose among the following top and high-class IRA-approved bullion storage facilities: IDS Delaware and Canada, and SWP Cayman Islands.

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Our Preferred IRA Custodians

ira preferred
GoldStar Trust Company
For over 30 years, Goldstar Trust Company has provided specialized services as one of the nations’ leading self-directed IRA custodians. Handling over 37,500 Self-Directed IRAs with more than 2.5 billion dollars in IRA assets, GoldStar offers attractive low fees and costs. Their knowledgeable agents expertly assist clients in diversifying retirement portfolios using both traditional and alternative investment options.
ira pref
Equity Trust Company
  • 1 Equity Way
  • Westlake, OH 44145
  • My Equity
  • Toll Free: 855.233.4382
Founded in 1974 and with over $29 billion in invested assets, Equity Trust continues to lead the financial industry as one of the best self-directed IRA (SDIRA) custodians. Equity Trust combines the right mix of customer service, experience, and investment capabilities to give any investor peace of mind. Equity Trust fees are extremely low, allowing investors to save more money on their precious metals IRA portfolio compared to other competitors.

IRA-Approved Depositories

ira approved
IDS of Delaware
IDS of Canada
IDS (International Depository Services) is a COMEX/CME, LBMA and ICE approved depository for precious metals which provides unmatched security-conscious protection of your IRA assets. Its staff has extensive experience in precious metals, banking, security and depository. The company provides 24-monitored bullion storage in their modern, state-of-the-art and high-tech UL-Rated Class III vaults in Delaware (US) and Ontario (Canada). The facilities maintain multi-redundant security systems and are insured through an all-risk policy underwritten by one of the world’s leading specialized asset insurance provider – Lloyd’s of London.
ira approved
SWP Cayman Islands
  • 115A Printer Way
  • www.swpcayman.com
  • George Town, KY1-1001
  • Cayman Islands
  • T: +1 (345) 640 2111
SWP (Strategic Wealth Preservation) Cayman Islands is a new purpose-built bullion storage facility located in the Cayman Islands. It’s considered one of the premier precious metals storage in the world and the closest offshore storage option for North American investors. The company provides fully allocated, segregated and insured secure storage of physical precious metals in one of the safest and most flexible storage locations on the globe. Their bullion vaults are UL rated Class III, and the top-notch facility is second-to-none.

Welcome to IRA

If you prefer physical precious metals as a strategically balanced retirement portfolio, Bullion Exchanges is happy to offer you an easy way to setup your Precious Metals IRA Account in three simple steps:

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Step 1: Open Your Self-Directed IRA Account

Fill out the IRA form to open your Self-Directed IRA Account.

Choose your preferred IRA custodian between two of the most trusted custodian companies in the industry – GoldStar Trust Company and My Equity Trust.

Then pick the most convenient IRA-Approved storage facility for your precious metals: IDS Delaware, IDS Canada, or SWP Cayman Islands.

Complete and submit the form, and you will receive a confirmation email with a link to your chosen custodian or administrator.

Follow the link and fill out a Self-Directed IRA application directly on the IRA administrator website. Once you finish, we will be notified of your account number.

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Step 2: Fund your IRA Account

Once your IRA account has been successfully opened, work with your custodian to fund your account. After your IRA account has been funded, we will be securely and electronically notified of the funds authorized for your precious metals purchase.

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Step 3: Approve our trade and purchase your precious metals

Only certain bullion products are approved to be included in an IRA-Account, including the most popular high-quality coins and bars available on the market. Select your desired gold, silver, platinum and palladium products from the IRA-Eligible product list which you can find in our Learning Center.

We will send you a quote with the metals that you’ve specified so you can see how your funds are allocated across metal types.

Approve the trade, we’ll execute it, and automatically send your shipment to your specified LBMA approved facility.

Please, contact us to setup your Precious Metals IRA
FAQs
Precious metals have always been regarded as a reliable protection against inflation or any potential financial turmoil. Precious Metals IRAs give you the chance to acquire gold, silver, platinum, or palladium and account them into your retirement savings. One of the main advantages of a Precious Metals IRAs is tax benefits, as the investor can either save taxes now (Traditional IRA) or in the future (Roth IRA).
You qualify for a Precious Metals IRA if you are under age 70 ½ and have earned income.
Solely precious metals which meet the established minimum fineness level are qualified to be included in the IRA Account. The minimum fineness for each precious metal is:
  • Gold - .995
  • Silver - .999
  • Platinum - .9995
  • Palladium - .9995
Only Gold American Eagles, which are made from 91.67% pure gold, are an exception from this rule, being approved to be included in IRA Accounts. Any bullion items with purity less than the specified minimum are not eligible to be included in a Precious Metals IRA – e.g. Gold Krugerrands, Pre-1933 Gold Coins or 90% US Silver Coins. Here you can find detailed lists of Eligible precious metals items.
Bullion Exchanges doesn’t have a specific minimum purchase amount for IRA bullion. However, we do have amount limits based on the payment type that you want to use. Please consult our Terms & Conditions. Also, contact your selected IRA custodian for more details about any minimum amounts regarding purchases within your IRA account.
No. All contributions into an IRA Account must be made in cash or through transfers, rollovers or new purchases of IRA-Eligible precious metals.
Absolutely not. Your Precious Metals IRA is a Self-Directed IRA Account which allows you to invest in stocks, mutual funds and other investment types. Check this page for more info.
Yes. All IRAs are eligible for direct rollover, but only your IRA custodian can assist you in setting up this transfer. Contact your custodian and arrange the rollover or transfer of your current IRA Account into a Self-Directed Precious Metals IRA. The transfer time varies for each custodian, but it usually takes up to 1-2 business days to open your account and up to a few weeks to fund it.
Yes, you are allowed to have more than one IRA Account, but your total yearly contribution shall remain at the same maximum limit as established by IRS. Here you can find more details about IRA contribution and tax deduction limits.
Yes. These fees vary based on your account size and the precious metals which shall be held in your depository. Here you can find more about fee types. However, please contact your selected IRA custodian, and IRA Approved depository for detailed information about their fee structure.
No. According to IRS’ regulation regarding Self-Directed Precious Metals IRAs, dealers are obliged to ship the bullion products to an IRA Approved Depository, that will hold the metals until you can liquidate the position. Consult this page for more details.
Right after the precious metals trade has been approved and executed, we’ll send your shipment to the selected IRA-Approved facility. Based on its location, it may take a few days to a few weeks for your precious metals to arrive at the depository.
Bullion Exchanges insures each shipped bullion mailing against any damages or losses. Both IDS and SWP-Cayman Islands provide full bookkeeping and reporting services which certify that your metals have been accounted, are safe and fully insured. Also, all precious metals are fully segregated from other clients’ bullion at no additional fee.
No. Self-Directed Precious Metals IRA are backed by real precious metals, which can be later withdrawn as physical bullion distribution. ETFs are backed by a pool of precious metals holdings and positions, and taking delivery of metals on these paper metal products it’s difficult or impossible. ETFs are usually preferred by investors who need to make quick moves on the market. Precious Metals are purchased by those who want to hold them. Bullion Exchanges doesn’t make investment advice, so please contact your custodian for more details on distinct types of retirement investments.
No. Since your IRA contribution means basically selling the actual precious metals to the custodian, Bullion Exchanges doesn’t apply any commissions, shipping fees or surcharges. Also, your package will be insured and tracked at no additional cost, so you’ll be able to check it on its way to the depository