The Physical Gold IRA

The Physical Gold IRA

Why gold makes sense in your retirement plan

    As the ultimate long-term store of value, gold coins and bullion may very well be the ultimate retirement asset. Among the primary asset classes most often used in retirement planning -- stocks, bonds, annuities and savings accounts -- the tangible king of metals stands out as the only one that does not rely on the performance of another individual or institution for value. Former French president Charles DeGaulle once famously said of gold, it 'has no nationality and is eternally and universally accepted as the unalterable fiduciary value par excellence'. What better way to save for retirement than with the ultimate savings vehicle -- physical gold. We invite you to establish your gold retirement plan through USAGOLD.

Rollovers

    gold IRARolling over a Traditional or Roth IRA into a gold-backed IRA is relatively simple. The term "rollover" actually refers to the rolling over of assets in a 401(k) plan when the employee has separated from his/her employment. Separation from employment is the key to the ability to rollover the 401(k) assets into a gold-backed IRA. If no separation has occurred, then chances are very high that the plan holder will be barred from moving the assets out of the employer's 401(k) plan. However, there are exceptions to every rule, and a telephone consultation is always in order to see if the exception applies to you.

    When it comes to existing IRAs, then the term "transfer" applies. Existing IRAs with banks, credit unions, stock brokerage firms or other financial service providers can be transferred directly to one of our referred trust companies. One very convenient option is to transfer either the cash in the account or the securities themselves. However, this arrangement is not always acceptable to the firm who is transferring your account. Again, for every rule there are exceptions -- which is why telelphone consultation is highly encouraged.

Approved precious metals investments

    GOLD BARS & COINS: At present, gold bars with a purity of 24 karat (0.995+ fineness) are allowed into an IRA. They must be hallmarked by a NYMEX- or COMEX-approved refiner/assayer. These bars come in the following sizes: 1 ounce, 10 ounces, kilo (32.15 ounces), 100 ounces, and 400 ounces. Gold coins having a purity of 24 karat (0.9999 fineness) are the only ones allowed in an IRA, with the exception of the 22 karat US Gold Eagle. Readily acceptable for gold IRAs are the popular bullion coins from America, Australia, Austria and Canada. The South African Krugerrand, being a 22 karat bullion coin, is not allowed.

    SILVER: Regarding silver investments, only silver coins and bars with 0.999+ fineness are allowed. These include the 1 oz. US Silver Eagle, Canadian Silver Maple Leaf, and the Mexican Silver Libertad bullion coins. Investors can purchase 100 oz. silver bars and also 1000 oz. silver bars. Pre-1965 bags of US silver coins (dimes, quarters, half dollars, and silver dollars) are not allowed in an IRA because their alloy contains only 90% silver and thus does not meet the fineness standard.

    PLATINUM GROUP METALS: Platinum and palladium bars and coins of 0.9995+ fineness can also be placed into a precious metals IRA. Both the US and Canadian Mints make 1 oz. platinum coins. Other countries, such as Great Britain and Australia, have 1 oz. platinum coins which are not as well known but also qualify. All platinum and palladium bars and coins must be from a NYMEX- or COMEX-approved refiner/assayer. Private companies with well-established hallmarks, such as Johnson Matthey and Englehard, manufacture platinum and palladium bars ranging in size from 1 oz. to 100 oz.

Preferred IRA Custodians

    At present, there are two companies from which to choose. Please call for a free consultation for more information and assistance in choosing the right custodian for your needs.

IRA Investing in the News

    DOW JONES NEWSWIRES / written by Allen Sykora
    IRA Investors Increasingly Turning to Precious Metals

George R. Cooper, USAGOLD's Retirement Specialist

    George Cooper graduated with honors from the University of Chicago. During his college education, he studied for one year in Germany at the Albert-Ludwigs Universitaet in Freiburg. After graduating college, he attended law school at the University of Denver College of Law. Since that time he has worked as a lawyer in both private industry and in the private practice of law. From 1986 to 1990 he worked at Centennial Precious Metals as the operations manager. Following a brief departure to pursue the practice of law, he returned to our firm as an account executive in 1994.



 gold retirement account

If you choose USAGOLD-Centennial Precious Metals to assist with your Gold IRA, you choose a firm that specializes in precious metals and has the expertise to match your portfolio selections with your long-term retirement goals.

We have helped hundreds successfully include precious metals in their retirement plans. We can help you.

Testimonials

I discovered USAGOLD several years ago after I decided to put the majority of my SIMPLE IRA account (which had lost 25% of its value in 2001) into gold. Although I knew little about holding physical gold, George Cooper patiently explained the process and provided copies of the USAGold tutorial publications. No hard sell. I am quite pleased with my ongoing relationship with USA Gold, and will continue to refer others who want to know about holding gold.

CR - Mechanicsville, Virginia

I recently converted my wife's traditional IRA and 401k to a precious metal IRA. With the assistance of George Cooper at Centennial Precious Metals the transfer was quick, efficient, and financially rewarding. Her account is up 20% since a little over a year ago, which is even more impressive in light of the shaky stock market conditions during the same time. We are still contributing the annual maximum to our accounts and will always use CPM for our purchases.

JM - Sulphur Springs, Indiana

I wanted to diversify some of my IRA holdings, so I recently set up a Precious Metals IRA Account to hold physical gold coins. George Cooper was able to help me set it up with only a phone call or two. George and Centennial Precious Metals are set up as my designated representatives. Now, with each new transfer of funds into the account, George contacts me to arrange for the purchase of additional coins. Each purchase is stored separately in the IRA under my name only, and not commingled with any other IRA assets. I recommend this type of account to anyone who wants more choices in their investment plan. The government specifically allows this kind of retirement investment, so why not take advantage of it? When I retire, I want to have something real. Paper is paper, but gold is forever. Thanks,

MH - San Antonio, Texas

gold retirement account