It is possible to use self-directed IRAs and other self-directed retirement accounts to invest in gold coins and bullion, as well as silver, other precious metals, and many other alternative assets.
Curious about how investing in a gold IRA works? Here’s how the precious metals investment process works at Equity Trust Company once you have opened your Equity Trust self-directed account (www.TrustETC.com/open-account).
You can fund your account through a cash or check deposit, ACH transaction, or wire transfer. You may also roll over all or a portion of other qualified retirement accounts to your self-directed IRA account.
Transfers and rollovers explained
Once you select your precious metals investment, Equity Trust processes the investment per your instructions and sends the funds to your selected precious metals dealer to complete the purchase. After the purchase and closing is final, your IRA owns the asset. It is then stored in a depository for safekeeping.
This content was originally published here.
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