Precious Metals In Your IRA

Yes! Your IRA equity can be invested, or re-invested, in precious metals!

Treasure Island has serviced hundreds of IRA clients in placing precious metals in their IRAs, and stands ready to assist you with any questions or requests you may have about this program.

To hold gold and silver in your IRA as an investment, you must first have an account with an IRA custodian which elects to hold gold and silver for its clients. While technically any IRA custodian can store precious metals for its clients, not very many actually do offer the service.

There are two IRA providers that Treasure Island works very closely with, and recommends:

 

 

Each company has slightly different business styles and fee structures, but both have proven to be professional and reliable in doing business with us.

If you have existing IRA funds with an IRA custodian that does not offer the storage of precious metals, you do have the option of transferring your equity out of that account, and into the account of a custodian who will purchase precious metals on your behalf. Entrust or Sterling will be happy to assist you in every step of that process.

Once you have funds in your account with a participating custodian you can give us a call and tell us what you would like to buy. If approved, we will lock in a market price for you on the physical precious metals you are purchasing for subsequent transfer to the IRA custodian's secured storage facilities. After that, we will direct you in filling out the appropriate paperwork and obtaining your signature to the same, for transmittal to the custodian. After review and acceptance by the custodian, they will transfer funds to us for the purchase of the precious metals, which we will then ship via secured transport to the depository of their choice. Both Sterling Trust and Entrust use Delaware Depository as their secure vault, as do we for certain types of inventory.

Once your purchase is received at the depository, your IRA custodian and you will be notified and you will begin receiving IRA statements with your precious metals holdings and their nominal market values (excluding market premiums) listed thereon.