Gold IRA Investing
As a long-standing symbol of wealth, gold remains a popular investment vehicle worldwide. Contact a Monex account representative today to discover more about this valuable investment opportunity and learn how to invest in a gold IRA.
Four Easy Steps to Adding Precious Metals to your Self-Directed IRA
If so, skip to step three.
Contact Monex at 800-444-8317 to Get Started
Investing in a Gold IRA
What is a Gold IRA Investment?
Most IRAs consist of paper assets whereas a precious metals IRA affords you the ability to buy physical metal and have it delivered to and stored with an independent IRA custodian that you select.
What is a Gold IRA Rollover?
If you have one or more IRA accounts or movable funds in an employer retirement plan, you can transfer some or all of those assets into a Gold IRA account. A transfer occurs when IRA funds are moved at your request directly from one IRA to another, without you taking control or custody of the funds. A rollover, such as a gold IRA rollover, takes place when a distribution from an employer retirement plan is made directly to your gold IRA trustee/custodian by the plan administrator.
Why Choose Monex?
For over two decades, Monex has successfully assisted investors in building precious metals IRA accounts. We proudly offer top of the line customer service, quality IRA eligible gold bullion products in a variety of sizes as well as a unique two-way buy/sell market for your convenience.
How to Invest in a Gold IRA Through Monex
A knowledgeable Account Representative will help you open your IRA with the independent, third-party IRA Trustee/Custodian of your choice. Upon establishing and funding your Gold IRA account, we will assist you in placing your order for the amount of gold bullion bars or coins you desire. Monex will then deliver your gold to the storage depository used by your IRA Custodian. Should you later decide to realize the value of your investment by taking advantage of our two-way, buy/sell market, call us to process your sell order. Together with IRA administrators, we will process payment to your Trustee/Custodian and arrange the delivery of your metal back to Monex.
Gold IRA Rules
Anyone who has earned income, or is the spouse of a wage earner, is eligible to open a precious metals IRA, and there is no limit to how many IRA accounts an individual may have. The maximum yearly contribution to an individual's IRAs is currently $6,000 ($7,000 for those 50 years or older), or 100% of earned income, whichever is less. However, there is no maximum dollar amount on transfers or rollovers from an existing IRA account to a precious metals IRA account. Consult with a tax specialist for specific IRS rules and IRA investment advice.