Explore Monex

Precious Metals IRA

With Monex, precious metals investors have the power to create a gold IRA account, silver IRA account, or select from any of our other IRA eligible precious metals products to create an IRA account that works best for them. We work hard to ensure that establishing your precious metals IRA is a simple process. Learn how you can start your IRA now.

Four Easy Steps to Adding Precious Metals to your Self-Directed IRA

Is your IRA funded and ready for a precious metals investment?
If so, skip to step three.
Step 1
Establish your self-directed IRA with one of several IRA Trustee/Custodians we recommend and designate Monex as your precious metals dealer.
Step 2
Fund your account with the IRA Trustee/Custodian, once funds are available, the custodian will contact Monex.
Step 3
Invest in any one of our IRA eligible precious metals products through your IRA’s Monex account representative.
Step 4
After the trustee/custodian receives purchase details, the metals will be shipped and a payment will be made from the IRA.

Contact Monex at 800-444-8317 to Get Started

Metals Market Update Video

How is the gold/silver ratio currently performing?

Sean Brazney | July 7, 2020

Monex, Precious Metals, and your IRA

Most IRAs only offer paper assets whereas through Monex, you can have physical metal delivered and stored for your IRA using an independent IRA custodian that you select. Monex will help you open your IRA with whichever independent, third-party IRA Trustee/Custodian you choose. When your IRA is opened and funded, you simply place your order for the metal you want and Monex will take care of the rest, it’s that simple.

The other major advantage with using Monex when purchasing metal for delivery to your IRA is our two-way buy/sell market. Not only do you always know the value of your metals, but you can also realize that value by simply calling a Monex account representative and selling your metal at any time when the Monex market is open.

In addition to opening a brand new Precious Metal IRA account, you can also transfer or rollover funds from an existing IRA, Roth IRA, or employer retirement account into a Precious Metals IRA. A Monex Account Representative can assist you in selecting whether a gold IRA account, silver IRA account, or other type of precious metal IRA is right for you. This decision along with the selection of an IRA Trustee/ Custodian would be all determined by you the investor.

Setting Up Your Precious Metals IRA

Once your Precious Metals IRA account has been established and funded, utilizing your IRA is as simple as making a call. You decide when to purchase and what types and quantities of precious metals you wish to have delivered to your IRA Custodian. Monex will then promptly deliver the metal to the storage depository used by the IRA Custodian you have selected. When you decide to sell the precious metals in your IRA account you can process your sell order with a Monex account representative who, along with IRA administrative personnel, will process payment to your Trustee/Custodian and arrange the delivery of your metal to Monex.

Account Representative
Account Representative

Ask Our Knowledgeable Account Representatives About

IRA Accounts
With just a simple phone call you can add more precious metals to your IRA account. Don’t have a precious metals IRA account yet? Call now and we can help you set one up.
Call Monex Now

Compelling Reasons Why Everyone Should Consider an IRA

A regular, disciplined investment program is the surest path to financial security.
An IRA lets you invest pre-tax, undiluted funds, if you qualify. This takes your money further. Roth IRAs are also available.
All earnings accumulate tax-free over the life of the IRA.
Taxes are deferred from high-income, high-bracket earning years to lower-bracket retirement years.
An IRA provides you with the widest choice of investments for your pre-tax retirement dollars.
You can invest retirement funds in a ''Real Asset'' like gold bullion and bullion coins with substantial intrinsic value.
You are not limited to "paper assets" as in many retirement plans.
In an IRA, you have the flexibility to dollar-cost-average, simply accumulate, or trade in and out of investments, deferring all taxes on gains.
Virtually everyone with wage or self-employment income can open an IRA.

Basic Rules of an IRA

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 all of an individual's traditional and Roth 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 gold IRA, silver IRA, or any precious metals IRA accounts. Consult with a tax specialist for specific IRS rules and IRA investment advice.

Silver and Gold IRA Rollovers & Transfers

If you already have one or more IRA accounts or movable funds in an employer retirement plan, you can transfer or "rollover" some or all of those assets into a precious metals 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.

Monex has provided delivery of physical precious metals for IRA accounts for well over two decades. Whether you need an IRA rollover, IRA transfer or want to open your first IRA account, Monex is ready to help. We've assisted thousands of precious metals investors in building gold IRA, silver IRA, and other types of precious metals IRA accounts and we look forward to assisting you in this endeavor as well.

Never Miss Investing News from Monex

Sign up to receive our emails.
  • This field is for validation purposes and should be left unchanged.

See What Investors are Saying About Monex

Thank You!
Want your kit sooner?
Faster delivery is available by phone.
Get more information about Monex Precious Metals

Get Your Free Gold
Investor Kit

  • All form fields are required

  • Privacy Policy
  • This field is for validation purposes and should be left unchanged.
Download Your Report
Who can open a Precious Metal IRA Account?

Generally, anyone with earned income can open an IRA unlike a 401K which can only be opened through your employer. For general information about setting up an IRA, contact your IRA custodian.

What is the difference between a New IRA Account and a Transfer or Rollover IRA Account?

When setting up a new IRA there is a maximum yearly contribution. If you are under 50 years old, the maximum yearly contribution is $6,000. If you are over 50 then your maximum yearly contribution is $7,000. When rolling over or transferring an IRA there is no maximum amount. Rollovers and transfers tend to be larger values as they have acquired value over time.

What types of Precious Metals can (and cannot) be Included in Precious Metals IRAs?
Where are the Precious Metals in your IRA physically stored?

Your precious metals are stored, in your name, in a safe, monitored and secured third-party vault. The following locations are some of the vaults we’ve worked with before: Delaware Depository Service Company (DDSC), Diamond State Depository, CNT, Brinks and others.

Are the Precious Metals in your IRA insured?

Yes, your IRA custodian will determine who insures your metal, however, any metals you own will be fully insured.

What are the age requirements for opening a Precious Metal IRA?
When must you begin to take required minimum withdrawals from your account?