Setting Up a Gold IRA
Allows You To Diversify Your Retirement Portfolio
High-Quality Precious Metal Products Guaranteed
Tax Benefits and Withdrawal Rules
Rollover Existing 401(k) or IRA
Set up your Genesis Gold IRA in 3 simple steps:
- Complete your IRA Application with one of our trusted Self-Directed IRA Custodians
- Transfer your IRA or 401k Funds Tax & Penalty Free
- Purchase your Precious Metals
Step 1: IRA Application
Genesis Gold Group works with several Trust Custodian partners to facilitate your Gold IRA rollover. This application can be mailed physically or signed electronically via DocuSign. Whichever your preference, our IRA Processing Team is here to help, start to finish.
Step 2: Transfer Your Existing Funds
The Gold IRA transfer process allows for existing qualified retirement funds to be transferred or rolled over tax-free and without penalty. Our Team will help you with a phone call to your current custodian or bank in order to make this request.
Step 3: Purchase Your Precious Metals
With decades of combined experience, our Team will guide you in your Precious Metals purchase, which can include Gold, Silver, Platinum, and Palladium. These physical metals will be held at Delaware Depository, backed by CME & ICE. Assets held in this facility carry $1 Billion dollars in all-risk insurance.
Gold IRA Set Up Fees
Our various Trust Custodian partners utilize different fee structures for account setup, custodial responsibility, and precious metals storage.
Rolling Over an Employer-Sponsored Account
Certain employer-sponsored accounts such as 401(k), 403 (b), 457 (a), etc may have specific qualifications for a tax-free transition. Most employer-sponsored plans allow for a tax-free rollover after the age of 59 ½ or once you leave the service of the employer sponsoring your account.
Precious Metals Allocations
Upon funding your new Gold IRA, you are able to allocate your retirement funds towards IRA-approved precious metals. To qualify for IRA purchase, precious metals must contain 0.995 fineness or greater (24-karat) and must be stamped by NYMEX or COMEX-approved refiners such as the national mints of the USA, UK, Canada, Australia, and Austria.
Examples of eligible precious metal coins that can be included in a Gold IRA are:
IRAs are restricted by certain contribution limits. Investors under 50 are only permitted to make annual deposits of up to $6,000. At 50 years old you may increase your contribution to $7,000 annually.
Gold IRA Storage in Delaware Depository
Storing your physical metals in a high-security, insured storage facility allows for increased peace of mind, security, and accessibility. You have full titled ownership of your precious metals through either segregated or non-segregated storage. Genesis Gold Group will help you navigate any necessary liquidations or RMDs.
Our partnered storage facility is Delaware Depository (DDSC) which is backed by major exchanges and is the most trusted and secure depository in the nation.