Invest with a Self Directed Gold IRA

Key Points

A Gold IRA is a type of Self Directed IRA that you can use to invest in gold or other precious metals.
There are many benefits of investing in gold including that it’s a hedge against inflation, it has consistently held value throughout history, and that it’s a great portfolio diversifier.
It’s important to note that there are minimum fineness requirements and specific metals that you are able to invest in with a Self Directed Gold IRA.
You can set up a Self Directed Gold IRA with Madison Trust in six simple and secure steps.

Gold,bars,in,bank,vault.,storage.,3d,render

Are you looking to invest in something tangible, like Gold, Silver, or other precious metals? Madison Trust’s Self Directed Gold IRA gives you the freedom to do just that!

What is a Gold IRA?

A “Gold IRA” (sometimes also called a Precious Metals IRA) is a type of Self Directed IRA, or Individual Retirement Account, that you can use to invest your retirement funds. While you would receive the same tax-advantages as a standard IRA, the big difference is what you can invest in. With a standard IRA, you can invest in stocks, bonds, and mutual funds. With a Self Directed Gold IRA, you can expand beyond the traditional Wall Street assets and invest in gold or other precious metals.

Ira,individual,retirement,account,text,on,wood,cube,block,stack

Why should I invest in Gold?

If you’re wondering why you should invest in gold, look no further. There are several benefits to holding Gold in your IRA:

Hedge Against Inflation

Throughout history, when the dollar’s buying power decreases, gold’s value tends to increase in response. This is why many investors flock to gold during periods of inflation.

Value Throughout History

Taking a look back in time, gold has historically kept its value. In addition, many see gold as a way they can pass on their family wealth to the next generation.

Diversify, Diversify, Diversify!

Gold can be an excellent asset to invest in to diversify your retirement portfolio because it increases in value when stocks’ and bonds’ value falls and vice versa.

Rows,of,gold,and,silver,bars,with,several,thin,bars.

What Types of Precious Metals Can I Invest in?

With Madison’s Self Directed Gold IRA, you can invest in several types of metals, including Gold, Silver, Platinum, and Palladium. It’s important to note that each of these metals has certain fineness requirements as per the Internal Revenue Code:

Gold: 99.5% pure
Silver: 99.9% pure
Platinum: 99.95% pure
Palladium: 99.95% pure

It’s important to note that if your precious metals investment is minted by the government (e.g. American Eagle coins), it does not need to meet the fineness requirements mentioned above.

If your precious metals are not government-issued, then they need to be accredited and meet the fineness requirements.

How do I Invest in Precious Metals with a Self Directed Gold IRA?

Now that you know what types of metals you can invest in, you may be wondering how to get the ball rolling on your investment.

Madison Trust works directly with FideliTrade and Delaware Depository on all Gold IRA trades to ensure that you are getting a fair price, and that you can have peace of mind knowing your metals are securely stored in Delaware Depository’s vault.

You can invest in gold or other precious metals with Madison’s secure and simple six-step process:

How To Invest In Precious Metals Revised Final

Take this info on the go!

Download a PDF version of our Self Directed Gold IRA Investment Process for your future reference.

Download PDF Flowchart

Why Madison Trust?

Step-by-Step Guidance

If you’re unsure where to get started with investing in gold, a knowledgeable member of our team you through the process step-by-step from opening your account to placing your investment.

Secure Investing

As stated in our process, Madison Trust works with FideliTrade and Delaware Depository for all gold investments. We want to ensure that our clients have the best investing experience as possible.

Straightforward Fees

As your investments grow, your fees will stay the same. Amongst the lowest in the industry, our flat rates help ensure you will never pay more for investing in your future.

It’s time to give your retirement funds the golden opportunity to grow with Madison’s Self Directed Gold IRA!

If you’d like to get the investing process started or have more questions, our dedicated client support team is here to help.

I’d Like to Learn More

Investing in Precious Metals with a Self Directed Gold IRA – FAQs

Can you store gold or other precious metals at home?

The Internal Revenue Code requires precious metals in an IRA to be held in the physical possession of a US trustee, such as a US bank or financial institution.

The safest approach to holding IRS-approved precious metals is at an approved depository, such as Delaware Depository. You cannot hold precious metals personally. The precious metals must be held in the IRA’s name to maintain its tax-advantaged status.

How can I withdraw precious metals?

Besides investing in precious metals, you can also withdraw your bullion and take direct physical possession of them. If you take a distribution before age 59 ½, you will have to pay tax and early distribution penalties. The type of metals you receive at distribution depends on how you select to store your metals (segregated or non-segregated).

Segregated Storage – the exact metal you purchased is what you will receive if you sell them or do an in-kind distribution.
Non-segregated Storage – When you sell the metals or complete an in-kind distribution, you may receive “like” metals, which are not the exact metals you purchased. For example, you may purchase 2018 silver American Eagles. When you take a distribution, you may receive different 2018 silver American Eagles or silver American Eagles from a different year.

How can I transfer my 401(k) to invest in gold or other precious metals without any penalties?

First, you’ll open a Self Directed Gold IRA by filling out our online application.

If your 401(k) is from a former employer’s plan, you will reach out to your employer or current plan administrator to request rollover paperwork.

Once the paperwork is processed, they will then issue a check or send a wire to your new Madison Self Directed Gold IRA.

When the funds are in your new Gold IRA, you can instruct Madison to invest in the precious metals of your choice by following steps 2 through 6 in our 6-step process.

How is gold taxed in an IRA?

Just like an IRA for investing in stocks, bonds, and mutual funds, you can open a Self Directed Gold IRA as a Traditional or Roth IRA.

For a Traditional Gold IRA, you’d be saving on taxes now while contributing and paying taxes (based on your income rate) on the withdrawals that you take out later.

For a Roth Gold IRA, you’d be paying taxes on your contributions now (based on your current income), resulting in withdrawals that are tax-free later.

Speak with a Specialist