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How to Buy Gold in an IRA
Understand the account, dealer, eligible-metal, and storage steps involved in buying physical gold through an IRA.
Buying gold inside an IRA is different from ordering a coin to your home. The transaction usually requires an established self-directed IRA, sufficient cash in the account, a qualifying product, and an approved custody process.
A careful sequence
- Establish or fund the IRA.
- Confirm the exact product is eligible with the custodian.
- Obtain dealer pricing and understand the spread.
- Authorize the IRA transaction through the custodian.
- Confirm the asset is delivered into the proper storage arrangement.
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