As a result of market conditions and an unprecedented surge in demand, Shipping times may be longer than normal.
Fear Not! Our process is in 4 Easy Steps and we guide you hand in hand every step of the way!
Talk
To Us
Open An
Account
Move
Funds
Acquire
Precious
Metals
Prepping for your new retirement account is easy as pie. You only need one document: your current retirement account statement. And the rest is really knowledge most people know from top of their head.
You see? Easy as pie. That's all we need to start assisting you with getting precious metals as a part of your retirement account.
Talk to us. Everybody's nest egg is going to look a little different. Let's have a conversation about what you have and what strategy works best for you. Help us help you.
Give us a Call:
(512) 359-9328
Monday - Friday
8:30am - 5:30pm CT
We'll get you set up with a new self-directed IRA with one of our trusted precious metals Custodian.
Why we work with the custodians we work with:
Storage Locations: California (1), Nevada (2), Utah (1), Texas (1), Delaware (2) & New York (1)
***Storage locations may vary depending on the custodian. Make sure you ask your Retirement Service Representative the different storage locations each Custodians have to offer.
Give us a Call:
(512) 359-9328
Monday - Friday
8:30am - 5:30pm CT
2 Main Ways to Move Funds:
Transfer vs Rollover
It's like comparing apples to oranges. The funds moving process will be different based on what type of retirement account you already have.
Transfer
(Trustee to Trustee)
vs
Rollover
Transfer
(Trustee to Trustee)
IRA Account
Transfer
New Precious Metals Account
A Transfer is when funds are moved from one IRA (Individual Retirement Account) to your new self-directed precious metals IRA account.
Rollover
Employer Sponsored Retirement Account
Rollover
Your Location
Rollover
New Precious Metals Account
A rollover is when you move funds from an employer sponsored retirement plan to your new precious metals custodian account.
*** The typical form of a rollover is where your current custodian sends funds over in the form of checks.
However, how funds are transferred to your new precious Metals Custodian Account is based on your planned administration discretion. They can choose to send fund to your account in the form of a ACH. Or they can do a direct rollover by sending funds directly to your new custodian.
Both Processes
Little
or
Much
New Precious Metals Account
You can move as little or much funds as you choose.
Roth IRA:
Pay Taxes Now
Contribute after-tax dollars to your retirement.
vs
Traditional IRA:
Pay Taxes Later
Contribute pre-tax dollars to your retirement.
Whether you transfer or rollover funds, you'll have to match "like plans" to "like plans." For example: Pre-tax accounts get transferred into pre-tax accounts (Traditional and SEP accounts are interchangeable since they are both pre-tax), and post-tax accounts get transferred into post-tax accounts (only transfer Roth account into Roth account).
You might have a Traditional IRA vs a Roth IRA. Make sure you know which type you have for the funds moving process.
Not sure what kind of retirement account you have? Don't worry, we have our Retirement Services Representatives here to help guide you through the process.
Give us a Call:
(512) 359-9328
Monday - Friday
8:30am - 5:30pm CT
Once you've successfully moved your retirement funds over to your precious metals account now you can go shopping for IRA eligible precious metals.
Bullion
vs
Proofs
Bullion: Bullion refers to physical metals of high purity that is often kept in the form of bars or coins and valued based on it's weight. "Bullion Coins" are minted coins struck with a standard finish. The cost of both Bullion and Bullion Coins are typically valued at spot price of the metal.
Proofs: Proofs are coins that undergo a specialized minting process that takes time, skill, and the latest in minting technology. They usually have a shiny finish. The price of these coins are determined by the supply and demand due to the limited number of mintage. Because there are limited number of minted proof coins, these coin have a higher premium than a bullion coin that is typically valued at spot price.
Give us a Call:
(512) 359-9328
Monday - Friday
8:30am - 5:30pm CT
2 Ways of Distributions
When you are ready to take distributions, there are 2 different kinds of distributions to consider. In-Kind Distributions & Cash Distributions.
In-Kind Distribution
Precious Metals Custodian
Opportunities Outside of your Retirement Account
Your Location
Hold onto your precious metals
or
United States Gold Bureau
An In-Kind distribution is where the precious metals are sent to your location when you take a distribution. From there, there are different opportunities you can take outside of your retirement account. You can choose to sell your precious metals, or you can hold onto your precious metals.
Cash Distribution
First
Precious Metals Custodian
United States Gold Bureau
Then
Opportunities Outside of your Retirement Account
Precious Metals Custodian
Keep the funds in your Precious Metals Custodian.
or
Your Account
A Cash Distribution is where:
First we buy your precious metals and deposit funds back to your precious metals custodian account.
Then you can choose to have the funds go to you, or keep the funds in your Precious Metals Custodian Account.
At the United States Gold Bureau we have a Buy Back Guarantee. If you purchase precious metals from us we guarantee a buy back. So If you take an In-Kind distribution for any of the precious metals you purchased with us you could sell the metals back to us!
We encourage you to speak with our Retirement Services Representative to see what kind of distribution works best for you and your needs. Have more questions? Feel free to talk to our reps today!
Give us a Call:
(512) 359-9328
Monday - Friday
8:30am - 5:30pm CT