IRA Rollover into Physical Gold?

[iSixty]

@AlanT

Agreed.  It may have been a bit confusing a few years ago, but I just completed a custodian to custodian transfer of part of my IRA to a precious metals IRA, and it was a simple process.

As with everything, there is always some risk, but IRAs are strictly regulated by the IRS, and the custodian is holding your gold in a segregated account.  That's about as good as one can do short of having physical possession of the metals, which is not allowed in the context of an IRA.

[MediumTex]

@AlanT

Agreed.  It may have been a bit confusing a few years ago, but I just completed a custodian to custodian transfer of part of my IRA to a precious metals IRA, and it was a simple process.

As with everything, there is always some risk, but IRAs are strictly regulated by the IRS, and the custodian is holding your gold in a segregated account.  That's about as good as one can do short of having physical possession of the metals, which is not allowed in the context of an IRA.

Are you satisfied with the fees you will be paying compared to simply using GTU or IAU?

[vnatale]

@AlanT

Agreed.  It may have been a bit confusing a few years ago, but I just completed a custodian to custodian transfer of part of my IRA to a precious metals IRA, and it was a simple process.

As with everything, there is always some risk, but IRAs are strictly regulated by the IRS, and the custodian is holding your gold in a segregated account.  That's about as good as one can do short of having physical possession of the metals, which is not allowed in the context of an IRA.

This is from almost seven years ago? Am I correct in assuming that the process may now be even more simple?

Vinny

[ochotona]

Nope! Goldstar Trust Co. is still complicated to deal with! Still manual processes. But I'm satisfied with them. I'm not changing. It's still my own physical gold held in a secure facility.