A precious metals IRA is a self-directed Individual Retirement Account that allows you to hold physical precious metals such as gold, silver, platinum, and palladium as part of your retirement savings. These accounts offer an alternative to traditional retirement assets.
Jefferson Gold Group is not a tax, investment, legal, sponsor, or financial adviser and does not act as a fiduciary. Team members only answer process-related questions.
A self-directed IRA allows customers to hold alternative assets, including physical precious metals that meet IRS requirements. The account must be administered by an approved custodian.
Jefferson Gold offers our customers precious metal IRAs. Our experienced IRA support team members can walk you through every step of the process.
Learn to Buy Precious Metals with your qualified retirement account or IRAs in 3 Simple Steps
A qualified retirement account can be one of the following:
- Traditional IRA, Roth IRA, SEP IRA, Simple IRA, or
- any of the following plans that were from a prior employer whether rolled over or not: Thrift Savings Plan (TSP), 457 Plan, 401K or 403B
- Other plans may qualify.
Open a Self Directed IRA Account
The first step to buying precious metals with your IRA is to open a “self directed” IRA. The process can be completed quickly, and our experienced IRA Customer support team can help you throughout this process. We also work with existing IRAs and most custodians.
Fund Your Self Directed IRA Account
Once you have opened your self-directed IRA account, the next step is to fund the account. If it is a new account, you will simply wire or transfer money to the custodian. If you are transferring or rolling over an IRA, we can walk you through the nuances involved.
Purchase Precious Metals from Jefferson Gold
Once your account is funded, your custodian will notify us you have funds available and intend to use them to purchase precious metals from Jefferson Gold Group. You are now ready to make your purchase. From this point, we work with you to select your IRA-eligible products and lock in pricing.
Under Internal Revenue Service rules, IRA precious metals must remain in an approved depository and cannot be personally held while still inside the IRA account.
Customers may request an in-kind distribution to take personal delivery outside the IRA.
