Start by opening a self-directed account with us. This will give you full control over your retirement choices and allow you to add precious metals to your IRA. When you make your first call with us we will show you the step by step process to follow.
Make a deposit, transferring or roll over funds from an existing IRA or qualified retirement account. Keep in mind that this process does not change your ability to continue making annual contributions to your account.
With our simple and straightforward process, making the switch to gold and silver has never been easier. Our 1-2-3 process makes it quick and easy to get started, and you’ll be wondering why you didn’t call us sooner.
You can rollover or transfer the following types of accounts into a precious metal IRA:
Note: The IRS rules regarding precious metal IRAs require that the precious metals held in the IRA meet certain fineness standards and be stored with an IRS-approved depository.
A custodian is required for a precious metal IRA because the Internal Revenue Service (IRS) regulations state that all self-directed IRAs, including precious metal IRAs, must be held with a custodian. The role of the custodian is to oversee the management and administration of the IRA, ensuring that all transactions and investments meet the IRS rules and regulations. The custodian is also responsible for holding the precious metals and ensuring that they are stored in an IRS-approved depository. This helps to ensure the safety and security of the assets in the IRA.
A depository is required for a precious metal IRA because the Internal Revenue Service (IRS) regulations state that all precious metals held in a self-directed IRA must be stored in an IRS-approved depository. The purpose of using a depository is to ensure the safety and security of the assets in the IRA, and to provide an independent third-party storage solution for the precious metals.
The role of the depository is to hold and protect the precious metals, and to provide periodic statements and valuation reports to the custodian and the IRA owner. The depository is also responsible for the proper insurance and security of the precious metals, including any necessary measures to protect against theft, loss, or damage.
By using an IRS-approved depository, the assets in the precious metal IRA are kept separate from the custodian’s own assets and are protected in the event of bankruptcy or other financial difficulties. Additionally, having the precious metals held in a depository helps to ensure that the investments meet the IRS rules and regulations for self-directed IRAs.
Precious metals are insured real property much like your home. However, unlike your home, which is limited to a very narrow pool of buyers, i.e. that specific property, at that specific price, in that specific zip code, etc., gold is recognized as money the entire world over. In fact, Gold is the second most traded commodity in the world after oil.
You can sell as much or as little of your precious metals to anyone, at any time, anywhere in the world. Where Newmont Capital will be happy to provide an offer to buy back your metals, you are in now way obligated to sell back to us.
Absolutely! You can definitely have your precious metals delivered to your home. There are several different options and pathways to achieve this. Our experts will be happy to go through these options with you.
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©2024 Newmont Capital Group, LLC. All rights reserved. Opinions on this website are not indicative of future performance. Precious metals carry risks and may vary in value. Newmont Capital Group does not guarantee profit from metal investments. Purchasing or selling decisions, based on personal research and judgment, are solely the customer's responsibility. Newmont Capital Group does not offer investment, legal, retirement, or tax advice; individuals should consult respective professionals.
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