Precious Metal IRA Investing
Why start a Precious Metals IRA or Gold IRA?
And now, you can hold precious metals in your Gold IRA. With a Self-Directed IRA from New Direction IRA, you can invest in all types of precious metals, including gold, silver, platinum and palladium. Health Savings Accounts (HSAs) can also be self-directed into precious metals and other alternative investments. Consider opening an New Direction IRA Gold HSA for this purpose.
Enjoy our short three minute video that explains how one purchases Precious Metals with a Self Directed IRA.
As the premiere Self-Directed IRA administrator, New Direction IRA is equipped to handle all the unique requirements involved with putting precious metals in your Gold IRA, such as valuations for IRS reporting and account administration. We set ourselves apart from the competition by providing high quality service to our clients, competitive pricing, and great continuing education. Our annual fees start at only $75/year.
Are you ready to get started with a Self Directed Gold IRA?
Click here to download a copy of our Gold IRA application packet. This packet includes everything you need to open an account: account checklist, application, fee schedule and opening fee page.
Invest in What You Know: Use a Precious Metals IRA
Do you have knowledge and experience investing in precious metals? If so, capitalize on your expertise to generate retirement wealth, tax-deferred or tax-free. Use your self-directed IRA to drive your own level of success, since you control your investments. And, investing in a precious metals is just one of the many options available with your self-directed IRA or HSA.
Frequently Asked Questions:
Purchasing Precious Metals with a Self-Directed Precious Metals IRA or HSA
Q. Does New Direction IRA choose the precious metals dealer?
No, the choice is up to you. New Direction IRA does not sell any product nor promote any products or vendors. The account holder is responsible for choosing the precious metals dealer and the forms and types of precious metal.
Q. How do I direct the investment into precious metals with my Precious Metals IRA?
To direct New Direction IRA to purchase precious metals with the funds in your Precious Metals IRA or HSA, do the following:
- Select a precious metals dealer, an investment, and a depository.
- Complete a Buy Direction Letter for your precious metals purchase. Provide detail on the investment, such as the type, quantity, price and dealer.
- Submit the Buy Direction Letter to New Direction IRA along with an invoice from the dealer of your choice, their wire instructions, and a Depository Holdings Election Form. Your New Direction IRA representative will purchase the investment with your Precious Metals IRA or HSA funds. The precious metals must be held by a precious metals depository.
Q. Can IRAs that are already established be transferred to New Direction IRA?
Absolutely! Any past employer or individual retirement plan can be transferred or rolled over to New Direction IRA. If you do not have an existing retirement plan, New Direction IRA can help you get started. More information on retirement plan options can be found on our self-directed retirement plans educational tutorial page.
Q. What other investments can I hold in a self-directed IRA?
With a self-directed IRA at New Direction, you are in full control and can choose from a wide range of permissible assets. Our clients have directed their IRAs and HSAs to buy assets such as real estate, secured and unsecured notes, limited liability companies, private limited partnerships, private stock, publicly traded stocks, bonds and more- the retirement investment options are limited only by your imagination.
Q. What kind of IRA plans can be used to purchase precious metals?
New Direction IRA administers all types of self-directed retirement plans such as IRAs, Roth IRAs and 401(k) Plans. We can help, whether you want to start a new plan or rollover an existing plan. As a third-party administrator, New Direction IRA does not offer investment, tax, financial or legal advice to clients. Individuals who believe they need advice should consult with the appropriate professional licensed in that area. Remember that self-directed investment is not limited to retirement plans – consider a Golden Health Savings Account (Golden HSA).
Have another question about opening a Precious Metals IRA? click here
Why choose New Direction IRA for your Precious Metals IRA?
New Direction IRA provides administration services for tax-advantaged retirement plans holding gold and other precious metals. In addition, New Direction provides educational services for investors interested in learning about IRS rules for IRAs and other plans. Our goal is to give you the tools and knowledge to get the best out of your Precious Metals IRA or other plan. If you have questions, we’re here to help.
If precious metals are your choice of asset, we are ready to assist in getting the purchase executed within your plan. We do so as an entirely neutral third party but with a focus on fast execution and funding of purchases. We do not offer investment advice, and do not sell any investment products of our own. We provide for the maintenance of each account’s tax-deferred status, as well as providing record keeping for IRS reporting.
Precious Metals may be purchased by any of the plans we offer, including Traditional and Roth IRAs, SIMPLE and SEP IRAs, Health Savings Accounts, and 401(k) plans. A list of the requirements for what metals may be purchased and more information on our company can be found by in our informational packet on precious metals IRAs.
For more information about New Direction IRA, visit our About Us Page.
Gold IRA Educational Video
