What is a Gold IRA?
A gold IRA or precious metals IRA is an Individual Retirement Account in which physical gold or other approved precious metals are held in custody for the benefit of the IRA account owner. It functions the same as a regular IRA, only instead of holding paper assets, it holds physical bullion coins or bars. Precious metals IRAs are usually self-directed IRAs, a type of IRA where the custodian allows more diverse investments to be held in the account. Gold self-directed IRAs can include other types of retirement accounts such as, Roth IRAs, SEP IRA, SIMPLE IRA, HSA, Thrift Savings Plan (TSP), and 401(k)s.
I Never Bought A Gold IRA Before – How Do I Go About It?
Buying gold is a lot easier than you might imagine. To start with, let’s look at why you should invest in gold IRAs.
Besides all the compelling financial arguments for owning physical gold and silver in your investment mix, there are few areas these days where the US Government gives you a tax break.
So when you find one, you need to jump all over it …
Gold IRAs, and gold IRA rollover schemes, are one of the last remaining bonuses available to you. Even if you don’t own real estate, stocks and shares, or any other investments.
You can buy gold as a stand-alone item, but you can also roll it over into some of your existing, or sleeping, pension plans. This is where our guidance comes in.
At Noble Gold we deal with thousands of folk like you. Some of whom weren’t even aware of these tax breaks, let alone how to get them, until we looked at their situation.
Our clients come from all walks of life. What suits one set of circumstances does not always suit another. This is why you need authentic, credible advice and guidance.
With over twenty years of experience – through all market conditions, all types of customers, our team recommend and help with gold IRA investments and savings, getting great results for our clients. Click here to find out more.
This is what we do – we listen to your situation, do the math, and help you find the right choice.
Let’s take a quick peek under the hood – at the nuts and bolts of how it all works
An IRA (Individual Retirement Account) is a stand-alone investment vehicle with significant tax savings into which you alone can put certain elements which the Government “allows” and “approves.”
Although it is your money, the decision is not entirely yours , hence the approval. They do this so you don’t back the Cowboys for the Super Bowl, with your entire savings! An IRA qualified item has to be a sensible long term investment!
Eligible investments include:
These are the most commonly held investments, but notice they are all paper and currency based …
Less common investments which gained approval are:
Spot anything missing? We’ll come back to this…
Why would the Government allow these, much less offer a tax-break on them? Government debt is at horrendously high rates. The Social Security account is unsustainable, so the more people the Fed can have relying on their own resources and savings, the less they have to find. They encourage this by allowing you a sweetener for taking the initiative and providing for yourself and your family.
This is the IRA – and the gold IRA rollover.
Just to complicate things – there are Self-Directed” IRAs, “Traditional” IRAs, “Roth” IRAs, “Educational” IRAs, “Spousal” IRAs and “SEP” IRAs.
You can mix and match these to gain advantages from different retirement ages and tax brackets and so on. You can also use a gold IRA rollover, and convert existing and “redundant” pension plans into these too.
Contribution limits and eligibility criteria apply, but if you qualify, you can start to take advantage of the savings and benefits from day one and get your retirement plan on-track.
Gold and silver are a perfect addition to part of anyone’s IRA account.
Like any other IRA, the gold or silver bought, is administered by a third party. This is to prevent you from “borrowing” before you actually retire! This third-party acts as a custodian of your metals. They can be a bank, credit union, a brokerage firm like Noble Gold, or an approved savings and loan association. Noble Gold would be responsible for the management and security of your assets should you choose to buy your metals through us. You can use us if you buy elsewhere too.
To find out more about this, just call our team at 877-646-5347.
If your existing IRA allows investment in physical gold, you can simply add to the account. If not, we can set up a new IRA and transfer your funds to this.
We have streamlined this process – just five minutes is all it takes to sort out the forms involved.
There are strict rules governing the purity and type of metals which are valid for IRA inclusion:
The following Gold coins are acceptable to be held in a Gold IRA by the IRS:
You can invest in the above mentioned gold coins in specific sizes. One ounce, one half, one quarter, and one tenth ounce gold coins are allowed by the Internal Revenue Service.
For more information about our other coins and bullion – click here – or call our team at 877-646-5347.
In case you are still sitting on the fence – we have saved the best until last!
We all have tax to pay. Some willingly, some a little more reluctantly. With a precious metals IRA you pay NO TAX on the gain in the value of your metals when they are sold!
The only tax you pay is on the money from the sale of the gold.
For this reason alone, a gold IRA rollover makes perfect sense in any group of assets.
Make sure that you do not miss out on the opportunity to safeguard your financial future by ignoring centuries of awareness, and understanding about the safety and value of gold.
For a quick chat about how you can take advantage of a gold IRA rollover, or just to see if you are eligible, call our team now at 877-646-5347
In the meantime, if you have a quick question we could answer or you don’t quite understand something, you can email in confidence to firstname.lastname@example.org
Don’t leave your financial future to chance …
Gold. Rare among riches. Coveted for millennia. You can hold the lustrous metal in your hand. It’s a tangible asset that shines during rocky economic times, offering perfect balance to any investment portfolio. Diversity is key. Central banks from the United States to Kazakhstan now stockpile the precious metal. For investors worldwide, the gleam always lies in precious gold.
We at Noble Gold put our stock in the noblest of metals, most resistant to corrosion. We even named our company after it. If we could, we would mine it, smelt it, mint it into coins and bars, then offer them as artisanal gold.
Instead, we provide the world’s best gold with the finest quality investment services.
Silver. It financed a New World conquest and drove prospectors to dig up the American West. But the metal of a thousand uses, from jewelry to industry, can escape the eye of savvy investors. “The forgotten metal,” however, can be a “common man’s gold.”
With silver usage soaring and global supplies slipping, many see silver as the precious metal of promise — affordable, tangible, with a historic gold-to-silver price ratio that points to significant growth potential. Silver, like gold, is easy to own and manage. And it works well in a precious metals IRA.
We at Noble Gold love silver, too. But we still savor it as the not-so-secret investment secret.
How do I get started with a Gold IRA?
The first step is to fill out the online IRA set up form here. The form is easy and will only take about five minutes to fill out. If you don’t know all of the answers, we will follow up with a phone call to fill in the blanks.
Ok, I’ve filled out the Gold IRA form, what happens next?
Within 24 hours, our Noble Gold IRA team will contact your new custodian and get your account setup for you. We will also find out if there is any additional paperwork that your specific custodian requires. We will email you the new self directed ira account number for your records.
How do the funds get moved? Do I have to do anything?
There are 2 ways of doing this; a transfer or a rollover.
With a transfer, you don’t have to do anything. A transfer involves moving the assets directly from one custodian to another custodian without you taking receipt of the funds. Our team will work with New Direction IRA, your self-directed IRA custodian to get your funds moved over quickly. Typically, it takes between 3-7 days to move your funds from your old custodian to your new custodian. Once the funds are moved over they will put the funds into a FDIC money market account and your account representative will call you.
A rollover is when you take receipt of your funds and have up to 60 days to reinvest them into a new retirement plan. Your current IRA account provider mails a physical check to your home. Then you are responsible for mailing the check to us. As long as the funds are deposited into your new Gold IRA within that 60 day window, there are no tax penalties.
Are there any taxes or penalties to move the funds?
Absolutely not. As described above, there are no taxes or penalties as long as you are moving from one qualified retirement account to another, from custodian to custodian. With the rollover, as long as the 60 day rule is satisfied, you’re in the clear.
With a Gold IRA, do I own physical precious metals?
A Noble Gold precious metals IRA provides you with tangible physical precious metals. Your metals will be stored in a secure, private depository vault. We only offer segregated storage. Your physical gold and silver will be held under your name and protected separately from other investors assets in the storage facility. You can keep track of your metals online or schedule to see them in person. When it is time to take distribution of your tangible assets, you can request that they be discreetly shipped to your home, or you can liquidate your assets with our buyback program., you will be the proud owner of the actual physical metals you purchased. All of your hard assets are securely stored at a state-of-the-art, IRS-approved, insured private storage facility.
Is my physical Gold and Silver safe in the depository?
Noble Gold has partnered with International Depository Services (IDS) to provide our clients with state-of-the-art, specialized, COMEX/CME, LBMA and Intercontinental Exchange (ICE) approved, precious metals storage. Your assets guarded by IDS are insured through an all-risk policy underwritten by Lloyd’s of London, the world’s leading provider of specialized asset insurance. IDS has storage locations in Texas and Delaware in the USA and in Mississauga, which is just outside of Toronto, Canada.
I have several retirement accounts, are they eligible for a Gold IRA?
Only qualified retirement accounts are eligible: 401k, 403b, 457b, TSP, Roth, SEP or SIMPLE IRA, and some pensions. It would be best if you spoke with one of our IRA experts to see if your account qualifies, as your situation might be unique. Even if you are unsure if you are eligible for a Gold IRA, you can fill out our online form. Just leave any unknowns blank and one of our IRA experts will followup with you to sort out the details.
What are the fees for my new Gold IRA?
To get you started, Noble Gold will pay for your first years fees (for qualified IRA’s). After the first year, there is a recurring annual fee of $200. Included in this cost is secure segregated storage of your physical precious metals, insurance, and access to your online account which tracks your assets in real-time. Please note there are companies advertising that the fee’s are $160 per year that is not segregated storage but commingled storage at the depository. We do not recommend commingled storage as an option because it does not give the client full ownership of the metal.
Can I see my Gold IRA account balance online like I do with my bank accounts?
Yes your custodian New Direction IRA Services, offers online access to your private account, 24/7, 365 days a year. And you can also call any of the brokers from 7 am – 5 pm Monday through Friday to find out the balance of your portfolio.
What if I want to take delivery or cash out of my precious metals?
When it’s time to take distribution or liquidate your gold holdings, contact your Noble Gold IRA expert to process your request. You can either have your physical metals securely and discreetly shipped to your home, or you can choose to receive cash. We offer a Buyback program to ensure that you are not left with the task of finding a buyer for your precious metals. We will make sure that you’ll reap the lucrative benefits of your gold and silver, in whichever form you choose.
I don’t want my Gold in an IRA, can I just pay cash and get metals delivered to my home?
Yes, this method of purchasing physical gold and silver has become increasingly popular. To fulfill the demand for such services, we’re now offering our Royal Survival Packs. From $5,000 to $500,000, these hand-picked mixtures of precious metals have been assembled for their high levels of liquidity and recognizability all over the world. In case of emergency, you’ll be glad you have one of these stashed away.
What are the prices of the precious metals that you offer?
We offer a flat fee structure when you acquire the metals from us. We have also limited the number of metals options to the most highly sought after products in the industry. With our years of experience and trading we are able to secure some of the lowest prices to ensure that our clients can grow their portfolio’s quickly.
I’m not in the US, do you ship internationally?
We can definitely help international buyers protect their futures with gold and silver. We will gladly facilitate the purchase and storage of precious metals for international buyers, but we only ship and store the metals in our secure and insured vaults in the USA (Delaware) and Canada (Mississauga, ON). No matter where you are in the world, our Buyback program is a safe way to liquidate your holdings once it’s time to cash out. We offer our Noble Ambassador Survival Pack for offshore clients – those outside the United States – who want to hold precious metals within North America.