1. Why do people diversify their portfolios with precious metals?

Providing diversification and liquidity with no credit risk, gold can be especially attractive during periods of increased market volatility. Many investors choose to diversify retirement portfolios with alternative assets that are not correlated to the stock market.

2. Can I buy physical gold for my IRA?

You can buy gold coins and gold bullion bars, silver, palladium, and other precious metals that meet certain fineness requirements with your IRA.

3. What are the requirements for metals in a retirement account?

Metals must be produced by manufacturers accredited by NYMEX/COMEX, LME, BMA, NYSE/LIFFE/

CBOT, and ISO-9000, or a national mint to be held in a retirement account.

4. Can I keep my purchased metals at home?

Home storage is not permitted when your metals are held in an IRA. Your physical assets owned by an IRA must be held by a qualified custodian and stored in a secure, IRS-approved depository. Many depositories offer segregated or non-segregated storage. Segregated storage means that your personal metals are identified and stored under your name.

5. How do I find a precious metals investment for my self-directed IRA?

It’s easier than ever to locate a potential investment opportunity that suits you. Visit Investment District, our online marketplace, to browse investment options from precious metals, cryptocurrency, lending, private equity, and real estate asset providers.

6. What does the custodian do?

The IRS requires that any IRA be administered by a qualified custodian. Self-directed account custodians do not provide investment advice, but they do provide administrative and reporting services, and will purchase precious metals on your behalf per your direction through your IRA account.

7. How do I begin the IRA process?

The first step is to open and fund your Self-Directed IRA account. This can be completed through a traditional paper application, but many people choose to use our simple application process that can be completed entirely online. Equity Trust can initiate the transfer of funds if you’re rolling over from an existing account. The timing of this process is dictated by the custodian currently holding the funds.

8. What happens once my IRA has been funded?

After your account has been funded, you are ready to purchase precious metals within your IRA. After you choose a precious metals dealer or platform, instruct your custodian to purchase your desired coin or bullion products.

9. How easily can I liquidate my precious metals?

You can at any time choose to retrieve your precious metals from the depository storage facility as a full or partial distribution. As with any early IRA distribution, taking physical possession with a full or partial distribution of your precious metals may result in taxes and penalties unless rolled over to another qualified custodian.

You may also choose to sell your metals back to an authorized dealer and the cash received would return to your IRA.

10. What kind of precious metals can I invest in?

Generally, you may purchase coins minted by the U.S. government as legal tender, such as American Gold Eagles and American Silver Eagles (1 oz, ½ oz, ¼ oz and ⅒ oz). It can also invest in certain platinum coins and certain gold, silver, palladium, and platinum bullion, per IRS Publication 590.

The statements made on this website are opinions and past performance is no indication of future performance or returns. Precious metals, like all investments, carry risk. Gold, silver and platinum coins and bars may appreciate, depreciate or stay the same depending on a variety of factors. Huntington Alternative Wealth cannot guarantee, and makes no representation that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. The decision to purchase or sell precious metals, and which precious metals to purchase or sell are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment. Huntington Alternative Wealth does not provide investment, legal, retirement planning, or tax advice. Individuals should consult with their investment, legal or tax professionals for such services.