You have taken the first step towards what could be the most meaningful financial decision of your lifetime, adding the stability of the world’s oldest lasting currency to protect and grow your retirement plan. Over 1000 National Gold Group clients have worked with our dedicated IRA experts to open a Precious Metals IRA, and with just a few minutes on the phone one of our dedicated account managers can have you on your way to owning real physical Precious Metals in your Retirement Account.
Due to the Taxpayer Relief Act of 1997, hard working Americans are allowed to own Precious Metals inside of their IRA or other qualified retirement plans. This created what is commonly referred to as the Gold IRA, Silver IRA, Platinum IRA, Palladium IRA, Precious Metals IRA, or Physical Gold IRA.
The term Precious Metals IRA is commonly used to refer to a retirement plan that holds physical Gold, Silver, Platinum, or any combination of these metals. National Gold Group works directly with clients that have qualified retirement plans, to help diversify and safeguard their portfolios. These plans include:
Traditional IRA | ROTH IRA | SEP IRA | Inherited IRA | Rollover IRA | 401(k) | 403(b)
A Precious Metals IRA is no different than any other IRA. You can make annual contributions (which can be used to purchase more Precious Metals). You can sell your Precious Metals and move funds to another custodian. Distributions can be taken in-kind, meaning you can take the physical Precious Metals out of your IRA account for physical home delivery, or you can sell the Precious Metals and take the distribution in cash. When you convert your IRA to physical gold, you will find all the same rules apply as that of a traditional paper IRA but with the added advantages of physical Precious Metals.
When dealing with your nest egg, you should only deal with the best. At National Gold Group, we pride ourselves on being America’s most trusted and highest rated Precious Metals company.
As the saying goes, “Don’t put all your eggs in one basket”, especially if that basket is made of paper. A precious metals IRA allows you to invest in physical gold, silver, platinum, and palladium - tangible assets that are seldom available in an employer-sponsored 401k / 403b or conventional IRAs.
Many retirement plans heavily rely on volatile financial markets. During the 2008 Financial Crisis and the Dot-Com Crash of 2000, it was not uncommon to see accounts lose 50% or more of their value. What’s worse is that after the 2000 crash, the market took 8 years to recover, which was immediately followed by another crash which took the average account value down 50% again, and took over 6 years to recover.
Gold and Silver are seen by many financial experts as a hedge against the inflation caused by these stock market failures. This is because the price of gold has historically had an inverse relationship with the U.S. dollar. Normally, when the paper-dollar-backed-stock market crashes and the government prints more money, the price of gold goes up. Because of this, adding precious metals like gold to your investment portfolio can as much as double your risk-adjusted returns.
Investors are often drawn to precious metals specifically for their growth potential. Precious metals are physical assets that hold intrinsic value. They are mainstream assets that are used in industries like jewelry, electronics, science, energy, and national defense. Furthermore, there is a limited supply of precious metals; more cannot be printed or programmed into existence. We believe as the demand for precious metals increases and supply remains limited, their price is bound to increase. In the 21st century alone, the price of platinum has increased 240%, the price of silver has increased 490%, and the price of gold has increased an astonishing 670%!
For the past 30 years, inflation has made reaching financial goals challenging and sometimes just plain unattainable. Many clients have expressed the desire to leave something behind that can not only keep up with inflation but grow their hard-earned wealth. Precious metals like gold continue to be the most attractive option for our clients due to their ability to outperform inflation over time and help build generational wealth.
A Precious Metals IRA comes with all the same tax benefits as a conventional IRA and many more! We recommend you ask your CPA about in-kind distributions, and potential tax benefits they provide.
Our dedicated National Gold Group account representative will walk you through the simple application. It takes about 5 minutes to complete using our online application. Once done, our in house IRA department will process the rollover or transfer and have your new self directed IRA account completely set up within 24 hours!
One of the most common ways our clients fund their new IRAs is through a rollover, or transfer of funds from an existing retirement account. Our full service IRA department does all the heavy lifting, and quickly completes a rollover / transfer call with your existing custodian
Once your precious metals IRA is funded, you can start to fill it with any combination of gold, silver, platinum, and palladium that you want. Your account representative will help walk you through your options of bullion, bars and coins to fill your account. After you decide, we take care of everything else!
The IRS has specific guidelines for the type and fineness (purity) of precious metals that can be deposited in a Gold IRA. Only physical gold, silver, platinum, and palladium can be held in a Gold IRA.
The IRS requires that all physical Precious Metals be handled, stored, and insured by an IRS-approved Depositories. There are several approved Depositories with state-of-the-art facilities spread around the US. These include Brink’s Global Services, the Texas Precious Metals Depository, and the Delaware Depository Service Company. All physical assets are 100% insured against "All risks" with these depositories.
Your account representative will be more than happy to go through all your options and explain the potential benefits and risks of each item. Our goal is to educate and give you the freedom to decide what metals are right for you and your long-term investment goals. Specific items that qualify for each of the precious metals are shown below:
IRS Certified Gold Items:
IRS Certified Silver Items:
IRS Certified Platinum Items:
IRS Certified Palladium Items:
A precious metals IRA has all of the same rules regarding yearly contribution limits, tax benefits, and distribution rules at retirement. However, one of the unique things our clients love about Precious Metal IRA's is the flexibility they offer. Since a Precious Metals IRA holds physical assets instead of paper assets, you have more options when it comes to taking your distributions.
You can take advantage of reducing your tax liability by having your physical precious metal shipped to you as a distribution.
You can opt for us to re-purchase the metal from you, giving you the fair market dollar value of your investment. Either way, making a withdrawal is as easy as calling your dedicated account representative!