Adding Precious Metals to your IRA
Did you know certain proof and bullion coins and bars can be held in your Individual Retirement Account (IRA)? In 1997, the Tax Payer Relief Act made it possible for precious metals to be added to IRA accounts. This includes gold, silver, platinum and palladium. Many IRA account holders put precious metals in IRAs as a way to achieve diversification of funds. As a rule, the price of precious metals rise when stock prices drop. This can even out your portfolio’s value in a stock market weak period. It is important to protect and grow your wealth. Diversifying investments among various financial instruments is a technique which has proven to help investors accomplish that goal. Most financial professionals agree, a truly diverse portfolio should include some form of precious metals investment. With a Self-Directed IRA, investors are able to own precious metals, create a hedge against inflation and further diversify their investments. Let us show you how to add gold, silver, platinum and palladium to a new or existing IRA.
It’s as easy as 1, 2, 3 to add Precious Metals to your IRA…
- Establish your account
Complete the GoldStar IRA Account Application which can be obtained from our website see below
- Fund the account with regularn contributions, transfers or rollovers
An IRA is funded through contributions, transfers and rollovers from Qualified Retirement Plans (such as 401(k), 403(b), pension and/or 457 plans).
- Give GoldStar investment instructions
You choose your own precious metals dealer, negotiate the price and leave the rest to GoldStar. Your metal will be stored at an internationally recognized precious metals depository. GoldStar will provide you with a semi-annual accountstatement, showing all activity in your account and the fair market value of your investments.