Precious Metals IRAs
Precious Metals IRAs offer a lot of advantages: diversity, opportunity, safety and control.In the huge U.S. IRA market, now valued at $6.5 trillion, investors are diversifying their asset mix of mutual funds, equities and bonds with other products, including precious metals. Asset diversification has been recommended for generations by investment advisors, who typically suggest accumulating up to five percent of total assets in precious metals to hedge against inflation and protect against stock market declines. Assets held in Traditional, SEP, Simple, and Roth IRAs are eligible for transfer into physical metals. Transfers do not result in taxes or penalties.
The Taxpayer Relief Act of 1997 expanded allowable IRA holdings from gold and silver American Eagle coins to encompass a wide range of options, including Canadian Maple Leafs, Austrian Philharmonics and gold, silver, platinum and palladium bars that meet minimum fineness requirements.
As a leading wholesaler of precious metals, Dillon Gage offers its clients a range of products that meet IRA requirements. Retailers and institutional clients can purchase a variety of products to meet their customers’ investment needs, and we will store them at International Depository Services through coordination with a qualified IRA trustee or administrator. Coin dealers can set up self-directed IRAs for their clients using Dillon Gage’s IRAConnect™.
As part of Dillon Gage’s technology services, IRAConnect was developed to streamline the process. Through the use of advanced technology, exclusive to Dillon Gage, the process which was once considered complicated is now simplified and manageable for all parties. Read more.