FAQ's

1How do I setup a Precious Metals IRA?

Whether you have an existing 401k, TSP account, Roth IRA or any other qualified plan, you can transfer or roll over your current plan into a precious metals IRA in 3 quick and easy steps. First you complete the application, second you rollover or transfer the funds and lastly, you purchase the precious metals you’d like to include in your self-directed IRA. Contact Goldline and speak with one of our Account Executives about how to open a self-directed Precious Metals IRA.

2How is a Precious Metals IRA different than other IRA’s?

Unlike most retirement funds held in a conventional IRA, TSP, or 401k, which typically include stocks, mutual funds, bonds, and annuities, a precious metals IRA holds physical gold, silver, platinum, and/or palladium coins and/or bars. Upon distribution you will have the choice of liquidating your metals for cash or you may instead take delivery of some or all of your metals depending on your qualified distribution.

3How does a Precious Metals Storage work?

The physical metals you purchase for your IRA must be held in the custody of an IRS approved custodian that is in charge of administrating your IRA and stored in a licensed, insured depository. Your self-directed IRA gold and precious metals will be moved to a designated depository of your choice, administered by your custodian.

4What is the tax advantage of Precious Metals IRA?

Any tax related questions should always be deferred to your tax advisor and/or accountant. For additional information, see our online Terms of Service.

5What is a Precious Metals IRA?

A Precious Metals IRA is a type of self-directed IRA for the investor who wants to add physical gold, silver, and/or other precious metals to diversify their retirement account.

6Are my metals insured while they are stored at the depository?

Your precious metals are held in a high- security depository and insured by the depository, as well as independently insured by TDS against physical loss, damage, or theft.

Purchases are automatically made for you on the second Wednesday of the month and your credit card will be charged on the 15th of the month or the following business day. On the scheduled purchase dates, you will purchase the quantity of coin(s) and/or bar(s) that your allocated investment can buy at the current selling price (ask price). Please note, because you are allocating a fixed dollar amount per your payment schedule

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