For over 30 years, Goldstar Trust Company has provided specialized services as one of the nation's 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.
Equity Trust IRA
- 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.
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.
SWP Cayman Islands
- 115A Printer Way
- 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.
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 Equity Trust IRA.
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.
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.
Fill out IRA form now
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.
Why would I need a Precious Metal IRA?
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). Visit our
Precious Metals IRA Investing page
and find out more about the benefits of owning a Self-Directed Precious Metals IRA Account.
Who is eligible for a Precious Metals IRA?
You qualify for a Precious Metals IRA if you are under age 70 ½ and have earned income.
Which Precious Metals are eligible for IRA?
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.
Is there a minimum amount of a precious metal IRA purchase?
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.
Can I contribute already owned bullion into a Precious Metals IRA?
No. All contributions into an IRA Account must be made in cash or through transfers, rollovers or new purchases of IRA-Eligible precious metals.
Am I limited to only precious metals investments in a Precious Metals IRA?
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.
I already have an IRA Account. Can I transfer it to a Self-Directed Precious Metals IRA? How long may it take?
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.
Can I have more than one IRA Account?
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.
Are there any fees collected by IRA custodians and storage facilities?
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.
Will I receive my physical precious metals from my IRA Account?
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.
How and when my metals reach the IRA-Approved depository?
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.
Is there any insurance that my metals are actually 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.
Aren’t Precious Metals IRAs the same as an ETF like GLD?
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.
Do you charge any fees, commissions or shipping costs as the dealer for IRA purchases?
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.