A self-directed IRA precious metals with self-storage account offers the same benefits that Roth and traditional IRAs offer. In a precious metals IRA, though, you would invest in the IRA-approved metals of gold, silver, platinum, and/or palladium instead of in stocks, bonds, and other conventional investments.
Why You Should Consider Investing in Precious Metals
Being self-directed, you would have the freedom to decide how much of each metal to purchase. You can change the allocations as needed. This safe hedge against inflation will allow you to watch your investment grow. Instruct the company to either store your metals or ship them to you.
How to Obtain a Self Directed IRA Account
The first step is to contact a self-directed precious metals IRA provider and open a self-directed IRA with the help of a company IRA specialist. The next step is to fund your self-directed IRA custodian account, transferring the money from your retirement plan, annuities, Thrift Savings Plan, or other sources. That account would be in your name and only you would have control over it. The last step is to stock your account with precious metals. Your account executive could tell you what bars, bullion or coins are performing the best.
Call Today for More Details
Orion Metal Exchange specializes in gold and silver investments in the form of bars, bullion, and coins. Contact Orion Metal Exchange at web for self-directed IRA precious metals and self-storage.