PRECIOUS METAL IRA

Retirement Investing

Make A Tangible Investment In Your Own Future Retirement

PGS Gold & Coin Is Proud To Partner With STRATA Trust Company Offering

SELF-DIRECTED PRECIOUS METAL IRA

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This smart partnership offers easy, confusion-free, self-directed investment in physical precious metals, held at a secure depository facility -like Fort Knox!
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You can be enjoying all the tax benefits of IRA investing & have the sound mind that you own physical gold, silver, platinum, palladium precious metals instead of owning paper gold like everyone else.
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Investing In Retirement with Precious Metals

A Precious Metal IRA is a special type of A Self-directed Individual Retirement Account. A Self-directed IRA will allow you to invest in a broad variety of unconventional assets, including precious metals, real estate, and art. 

 

Why Choose a Precious Metals IRA?

The main advantages of investing in precious metals through an IRA are tax benefits. By using an IRA to purchase precious metals, the investor either saves taxes now or in the future. The specific tax benefits depend on if you choose a traditional or a ROTH IRA.

 

How difficult is it to start a Precious Metal IRA?

A self-directed IRA can be set up in three simple steps. We’ve included all the resources on this page that you’ll need for learning how to start investing in metals through your IRA with PGS Gold & Coin.

 

Get started today by contacting us at 888-416-2701

[email protected]

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Precious Metal IRA In Three Easy Steps!

Precious metals like gold, silver, platinum, and palladium can be an important part of a well-diversified retirement portfolio, allowing you to invest in something tangible that can weather a financial crisis. You can purchase, hold and sell precious metals with a tax-advantaged self-directed IRA account, as well as withdraw your bullion or coins to take direct physical possession of them.

IRA-Approved Precious Metals

There are specific precious metal products approved for a Precious Metal IRA. When purchasing precious metal to deposit in your account, only IRA-approved products will be accepted by the depository. PGS can guide you on the best, IRA-approved precious metal products to contribute into your account. 

Below are the minimum fineness requirements set by STRATA for approved deposit into your Precious Metal IRA account:

  • Gold must be 99.5% pure, silver must be 99.9% pure, and platinum and palladium must both be 99.95% pure.
  • Bars, rounds and coins must be produced by a refiner, assayer, or manufacturer that is accredited/certified by NYMEX, COMEX, NYSE/Liffe, LME, LBMA, LPPM, TOCOM, ISO 9000, or national government mint and meeting minimum fineness requirements.
  • Proof coins must be encapsulated in complete, original mint packaging, in excellent condition, and include the certificate of authenticity.
  • Small bullion bars (other than 400-ounce gold, 100-ounce gold, 1000-ounce silver; 50-ounce platinum, and 100-ounce palladium bars) must be manufactured to exact weight specifications.
  • Non-proof (bullion) coins must be in brilliant uncirculated condition and free from damage.

Examples of some unaccepted precious metal products are: 

  • Any rare or collectible coin, Chilean Peso, Hungarian Korona, Austrian Corona & Ducat, Columbian Peso, Italian Lira, Belgian Franc, Dutch Guilder, Mexican Peso & Onza, Great Britain Britannia (pre-2013), French Franc, South African Krugerrand, British Sovereign, German Mark, Swiss Franc

Most Popular IRA-Approved Products

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Gold

Gold American Eagles

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Gold Canadian Maples

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Valcambi Gold Bars

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RMC Gold Bars

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Silver

Silver American Eagles

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Silver Canadian Maples

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Silvertowne Silver

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Sunshine Silver

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Platinum

Platinum American Eagles

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Most Platinum Bars

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View IRA-Approved Products currently available from PGS

Still Have Questions About Investing in Precious Metal IRA?

How do I open a precious metals IRA account?

Complete the forms and submit them either electronically or by U.S. mail and include your payment of IRA Fees and the Precious Metals Storage Fee. You may pay by check or credit card. If by credit card, please complete our Credit Card Charge Form. If payment is not included, the fees will be deducted from the transfer, rollover, or contribution funds before STRATA processing the purchase. Note: The depository storage fee is an annual fee due at the time the storage account is opened and annually in conjunction with your IRA renewal fee. Both fees will be billed by STRATA at the time the IRA is opened and each year afterward during the anniversary month of the IRA account opening. Fees will not be prorated.

What kind of precious metals can I invest in?

To qualify as IRA allowable precious metals and be accepted by STRATA, the following minimum fineness requirements must be met:
Gold must be 99.5% pure, silver must be 99.9% pure, and platinum and palladium must both be 99.95% pure.
  • Bars, rounds and coins must be produced by a refiner, assayer or manufacturer that is accredited/certified by NYMEX, COMEX, NYSE/Liffe, LME, LBMA, LPPM, TOCOM, ISO 9000, or national government mint and meeting minimum fineness requirements.
  • Proof coins must be encapsulated in complete, original mint packaging, in excellent condition, and include the certificate of authenticity.
  • Small bullion bars (other than 400-ounce gold, 100-ounce gold, 1000-ounce silver; 50-ounce platinum and 100-ounce palladium bars) must be manufactured to exact weight specifications.
  • Non-proof (bullion) coins must be in brilliant uncirculated condition and free from damage.

Where are my IRA-owned precious metals stored?

Your IRA-owned Precious Metals will remain in the custody of STRATA, and placed with your choice of one of the following third party depositories for storage and safekeeping:
  • Brink’s Global Services (Salt Lake City) or Delaware Depository Service Company (Wilmington, DE)

You may not hold the Precious Metals yourself while owned in the IRA, nor can you select a different storage facility other than the depository options allowed by STRATA.

Is there a home storage option for my IRA precious metals?

No. IRA-owned assets must remain in the custody of the IRA custodian (STRATA) until distributed or sold.

How do I authorize a buy, sell, or exchange order for Precious Metals?

You will place your buy, sell or exchange order for Precious Metals with us, PGS Gold & Coin. Once your transaction has been initiated, you will need to complete and submit STRATA’s Precious Metals Investment Direction and Disclosures form as directed.

After investing, can I take possession of my precious metals?

As required by law, you may not take possession of or control your Precious Metals while held in your STRATA IRA. You may, however, take an “in-kind” distribution of precious metals from the IRA at any time. The distribution is a taxable event, which means it will be reported to the IRS and may also be subject to withdrawal penalties. As always, consult your tax professional regarding these matters prior to taking any action. To take an in-kind distribution of all or part of your Precious Metals, complete a IRA Distribution Request for Precious Metals form.

Is A Self-Directed IRA Subject To RMD's?

RMD’s do not require RMDs until the death of the owner.

Still have questions?

For more information about sterling silver buyers near St. Anne, Illinois, call PGS Gold & Coin (888) 416-2701.

PGS Gold & Coin retail stores are conveniently located near St. Anne Illinois, in the Chicago suburbs. Click here for a list of our locations.St. Anne (847) 348-6447, St. Anne (630) 868-3412, St. Anne (847) 278-7691, and St. Anne (331) 244-5216

BBB Accredited Gold and Coin Buyers
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Main Office: 830 W. Northwest Highway, Suite 7, Palatine, Illinois 60067, USA •  Tel: (847) 348-6447  •  Email: [email protected]

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