Gold IRA

Precious Metals in your retirement account

Capital Group Group invites you to put our forty-plus years of experience in the gold and precious metal industry to work for you. To get started, please free just to call 1-800-200-GOLD and speak with one of our IRA consultants. We simplify the process. We are straight forward with expert recommendations from one of America’s most trusted gold firms. Setting up a Gold IRA needs not be difficult, expensive or time-consuming. We are happy to assist you in filling out your account set-up forms. This can be done online or over the phone quickly and easily. Your call is always welcomed.

Gold IRA Account

A Gold IRA is an Individual Retirement Account (IRA) to be more precise it is called a Precious Metals IRA. These accounts are set-up for savings for retirement in which physical gold or other approved precious metals which are held in custody for the benefit of the IRA account owner(s). Gold IRA accounts function the same as a regular IRA, only instead of holding paper assets, it holds physical bullion coins or bars. Gold IRAs are self-directed IRAs.

Gold IRAs can be used in combination with other types of Precious Metals. A diversified precious metals IRA can include Gold, Silver, Platinum, and Palladium in physical coins or bars. They all offer a unique advantages to those seeking to own precious metals. Gold IRAs also give access to certain tax benefits and must adhere to the IRS Gold IRA rules. One drawback of IRAs is that they do have strict requirements on the bullion, bars and coins to be IRA-eligible. These exclusions a limits the available percentage of gold bullion in circulation that is acceptable. Capital Gold group has the largest selection of gold bullion, bars and coins to fit you Gold IRA needs while adhering to the IRS gold IRA rules.

The decision on which bullion products to buy can be confusing when you start your Gold IRA. There are only certain bullion products that are eligible to be held in an IRA account. Capital Gold Group has the largest of approved bullion for Gold IRAs. Some of the most commonly purchased would be the gold and silver American Eagles (including proof sets), Philharmonics and Canadian Maple Leafs. In addition, one can buy gold Australian Kangaroos, Gold American Buffalo coins, silver Australian Kookaburras and Mexican Libertad coins. In addition we carry various gold rounds and bars of .995 percent minimum fineness may be eligible as well as various silver rounds and bars of .999 minimum fineness.

We offer our clients safety, security, and protection of their retirement investments with 3 Easy Steps for opening a Gold IRA.

  1. Assistance
  2. Gold IRA Consulting
  3. Administration
gold IRA in 3 easy steps
gold IRA

Cost of setting up a Gold IRA

At Capital Gold Group average person sees a fee of $250.

  • $25 one time setup fee,
  • $100 for insured gold metals storage for the first year (for accounts up to $250,000),
  • $60 administrative fee, and gold purchase processing fee of $40,
  • $25 wire fee for domestic investment purchase,
  • Total initial start-up of $250.

Capital Gold Group’s clients have transparency, more control over their self-directed Gold IRA accounts and no hidden fees. Many traditional IRA holders are not aware of the complicated fee structures associated with traditional IRAs and 401ks. When AARP conducted a survey on 401(k) participants’ awareness to holders of traditional retirement plans, AARP found that 65% of participants thought they paid no fees at all, and only 17% reported that they do pay fees; 18% stated that they just don’t know.

Setting up your self-directed Gold IRA is a hassle, with a transparent fee schedule that allows you to be in complete control of your assets against harmful hidden costs.

Gold IRA fees are payable to Self Directed IRA Services, your new custodian, and may be deducted from your transferred funds or paid by debit card, credit card, or check. The annual renewal fees are invoiced in the anniversary month of your account’s opening.

stack of gold American Eagle coins

Transferring from an existing IRA retirement account

An investor may also decide to “rollover” an existing IRA account, 401k or other retirement accounts. Obviously, an investor will need to discuss these matters with their CPA or tax adviser. Certain types of accounts can be rolled over while other types cannot. Most employer sponsored 401(k)s may not be moved until you leave your the current employer that is sponsoring the 401(k) but you still may have other options. An investor should first evaluate existing IRA, then determine their best options including when is the best time to do a rollover to a Gold IRA. Capital Gold Group IRA rollover experts can quickly help you find the answers you need including free resources to help you plan for your future.

couple discussing Precious Metals IRA with financial advisor

Understanding a Traditional IRA

A Traditional IRA is an Individual Retirement Account. A Traditional IRA started in the United States by the Employee Retirement Income Security Act of 1974 (ERISA). All IRAs must be held by a custodial institution such as a bank, credit union, trust company or approved individual that ensures your paperwork complies with the IRS rules. The custodial entity may invest in anything that the custodian allows (for instance, a bank may allow certificates of deposit, and a brokerage may allow stocks and mutual funds) which you contribute pre-tax or after-tax dollars, and which allows your money to grow tax-deferred. When you make withdrawals after age 59½, they’re treated as current income.

Unlike a Gold IRA which is self-directed IRA and offers the investors more freedom to choose how to best invest their funds, yet still offer a tax-deferred incentive.

Rolling over an existing IRA or 401k to a Gold IRA

At Capital Gold Group the process is done in three simple steps:

  1. First, we’ll establish a new Capital Gold Group IRA account for you.
  2. Then we’ll help you fund your new Gold IRA with the assets from your old IRA, with a tax-free rollover.
  3. The funds will then be transferred to your IRA account, which we will then provide you with resources to select the precious metals that are best for your financial goals.
gold coins retirement savings

Gold IRA video

Capital Gold Group is a trusted gold IRA company with over a decade of experience helping our clients with their Precious Metal IRAs. If however at anytime you would prefer to speak to someone to directly about your needs just call 1-800-200-GOLD to speak to a Gold IRA specialist.

Choosing the right Gold IRA Company

How can you distinguish between the good gold companies and the scammers?

Read Jonathan Rose’s 5 Tips:

  • Gold IRA companies with at least 10 years with a solid reputation!
  • The business is an authorized dealer of the US Mint
  • Have an A+ rated with the Better Business Bureau
  • Stay away from cheap gold offers
  • Are licensed, bonded and registered with the attorney general’s office

Always check the Better Business Bureau’s site on any Gold IRA Company before you do business with them. Check not only their rating but the number of complaints, the type of complaints and how those complaints were handled. A consistent record of complaints can be a warning sign even if the company has managed to keep an A+ rating. Second, choose a gold company that has a solid track record with over ten years in business. Third, choose a firm with a commitment to keeping you informed, i.e., are they dedicated customer service, do they show they are interested in answering your questions now and keeping you informed in the future. If a salesperson gives you short answers or pushes sales it best to find someone else.

woman's hand with pen signing document, close up

Gold IRA FAQ

Why include gold or precious metals into your retirement plan?

Precious metals have also shown to provide reliable protection against inflation, a common concern for many investors. For those looking to expand their retirement investments to gold, silver and other precious metals, there are several options. But these investments are not as straightforward as other, more traditional, investment assets like stocks and bonds. Put simply; gold is money. It is money that is not printed or debased. What better way to save for retirement than with the ultimate savings vehicle.

Precious metals are in high demand as an economic safe haven and combined with a large industrial use the finite supply of precious metals have an inherent value, that makes it a sound investment strategy.

What is a Self-Directed Gold IRA?

Self-directed IRAs have been around since 1975 and are part of the Employee Retirement Income Security Act of 1974, commonly referred to as ERISA. Since their inception, self-directed IRA accounts have grown in popularity as investors look for additional ways to diversify their portfolios, protect their interests and plan their long term goals. More and more investors, it seems, are looking to branch out beyond the traditional stocks and bonds portfolio, and a self-directed IRA account provide them with a vehicle to look into alternative investments like real estate, private mortgages, private company stock, oil and gas limited partnerships, precious metals, and intellectual property.

Self-Directed Gold IRAs are a type of IRA where the custodian allows more diverse investments to be held in retirement portfolio account. Gold IRAs are recommend in a diverse portfolio. Gold self-directed IRAs are also added with other types of retirement accounts such as, Roth IRAs, SEP IRA, SIMPLE IRA, HSA, Thrift Savings Plan (TSP), and 401(k)s.

Gold IRA’s can include any one of four precious metals: gold, silver, platinum and palladium. Since gold is the most commonly purchased of the four precious metals that qualify, hence the term Gold IRA is used often said in place of the name Precious Metals IRA. Internal Revenue Code requirements state that the approved precious metals must be stored in a particular manner. Some trustees will have in-house facilities to custody the physical precious metals; others use a third party metals depository as a storage facility. Capital Gold Group can help our clients with either choice.

Why Choose a Gold IRA?

The main advantages of Gold IRA are tax benefits. By using an IRA to purchase precious metals, the investor either saves taxes now or in the future. The specific tax benefits depend on if you choose a traditional or a ROTH IRA. Gold IRAs offer to invest more flexibility.

IRAs allows great flexibility and freedom to buy a full range of allowable assets, including real estate, precious metals, private equity, stocks and more with their IRAs. Investors can turn any plan type (Traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA, HSA) into a self-directed IRA as long as a self-directed IRA custodian holds the account.  Self-directed IRA plans have the same tax advantages as non self-directed IRAs.

Capital Gold Group is proud to offer our clients Gold IRAs. We are a primary market maker and US Mint distributor. We offer the lowest cost and quickest IRA setup and maintenance, so you can enjoy all the tax benefits of Gold IRA investing. Self-directed IRAs can be set up in three simple steps, and this page has plenty of resources for learning how to start Gold IRA investing in metals through your IRA.

Who is eligible for a Gold IRA?

If you are under age 70½ and have earned income, you’re eligible for a Gold IRA. You can choose to set up a Gold IRA, Silver IRA, diversify your Precious Metals IRA with a combination of gold, silver, platinum or palladium.

Why include gold or precious metals into your retirement plan?

Precious metals have also shown to provide reliable protection against inflation, a common concern for many investors. For those looking to expand their retirement investments to gold, silver and other precious metals, there are several options. But these investments are not as straightforward as other, more traditional, investment assets like stocks and bonds. Put simply; gold is money. It is money that is not printed or debased. What better way to save for retirement than with the ultimate savings vehicle.

Precious metals are in high demand as an economic safe haven and combined with a large industrial use the finite supply of precious metals have an inherent value, that makes it a sound investment strategy.

Can I have more than one Gold IRA for retirement?

Yes. An investor may have multiple IRAs and may set up an IRA for the nonworking spouse. Limited only by an annual maximum allowable income contribution limits set and posted by the IRS every fall.

Can I transfer money from an existing IRA account to fund my Gold IRA, without incurring any tax penalties?

Yes. If you have an existing IRA or 401(k), the easiest way to set up a Gold IRA is by transferring funds. You can transfer the amount you want to invest in the new Gold IRA, and there are no tax penalties. We call it a 401(k) Rollover to Gold IRA. The rollover just means you are rolling over a predetermined amount of money from one account into your new Gold IRA. The IRA rollover distribution can be allocated into various precious metals or into another type of an IRA. At Capital Gold Group, we also will gladly work with your tax preparer or financial advisor to ensure your 401(k) Rollover to Gold IRA is smooth and meets your retirement plans. Our IRA rollover specialists have been providing fast, hassle free transfers for our clients for over a decade.

Can I switch from a brokerage house to Capital Gold Group?

Request a transfer form form from Capital Gold Group and your Gold IRA Specialist can help you. Make sure you have the right type of form for transfers between IRA accounts. Some brokers have an all-in-one form for all transfers, while others require different types for different kinds of accounts. Capital Gold Group will assist you identifying which forms would be needed.

Can I open a new IRA with a contribution?

Yes, you can open a new IRA with a contribution, check with your CPA for contribution allowance and further tax advice.

Does Capital Gold Group have a minimum dollar amount for starting a Gold IRA?

Yes, the minimum purchase from Capital Gold Group for an Gold IRA is $10,000.

Is there a minimum dollar amount needed when I wish to sell or liquidate my Gold IRA?

No, Capital gold Group is a buyer and a seller of precious metals and we are here to service any needs of our clientele.

How long does it take to rollover my IRA to a Gold IRA?

Typically two weeks. But, each application is unique and the exact amount of time it takes can vary. At Capital Gold Group we have Gold IRA specialists with over a decade of experience to help you gather and complete all of the necessary documents for your rollover, and can also provide you with an estimate for how long your specific rollover will take.

Are there penalties for moving my IRA or 401(k) to a Gold IRA?

No. An IRA rollover is a standard, tax-free process with no fees and no penalties when done correctly. You can decide to rollover your current IRA to a new IRA account at any time.

Beginning in 2015, the IRS code now states they have an IRA One-Rollover-Per-Year Rule. The IRS says, “you can make only one rollover from an IRA to another (or the same) IRA in any 12-month period, regardless of the number of IRAs you own (Announcement 2014–15 and Announcement 2014–32). The limit will apply by aggregating all of an individual’s IRAs, including SEP and SIMPLE IRAs as well as traditional and Roth IRAs, effectively treating them as one IRA for purposes of the limit.” The IRS also stipulates “Trustee-to-trustee transfers between IRAs are not limited” and the IRS continues by adding that “Rollovers from traditional to Roth IRAs (conversions) are not limited.

If you have questions about how this affects your Gold IRA rollover, talk to one of Capital Gold Group’s Gold IRA Experts to learn more.

What other types of accounts qualify for rollover to a Gold IRA?

Many accounts qualify such as 401(k), 401(a), 403(b), 457, Thrift Savings Plan (TSP) and annuities. If you have a 401(k), 403(b) retirement plan for public employees or employees of tax-exempt organizations, 457 Deferred Compensation Plan, Pension Plan, Thrift Savings Plan, TIAA CREF, or non-traditional IRA, you may qualify. Free free to call Capital Gold Group IRA rollover experts and talk with one of our Gold IRA experts to find out more.

How do I keep my precious metals safe while they’re in my IRA?

When you open a Capital Gold Group IRA, we’ll help you transfer your gold, silver, platinum and palladium to a secure vault at The Delaware Depository which is an IRS-approved depository with. The Delaware Depository is an exchange depository for CME Group (Nymex and Comex) and ICE Futures US.

The IRS code requires physical metals funding a Gold IRA account be maintained by a depository and administered by the custodial financial institution. This ensures the safety of each account’s assets until the owner reaches age 59½, when he or she becomes eligible to take qualified distributions and can take ownership of their possession of their physical precious metals.

Some people seek precious metals because for the freedom to become their own custodian with no outside trustees. If you are interested in this, then Capital Gold Group’s Home Storage IRA program is for you. We can help you with all the paperwork and the resources you will need to keep your gold physically at home. It is still a self-directed IRA that enables you to invest in IRS-approved physical gold and other approved precious metals, but you as an LLC becomes the trustee. When you buy the recommended IRA gold or other precious metals, they will be delivered right to your home. As the administrator you will need go through several steps, but we can help you. To learn more about Home Storage Gold IRA call us at 800-200-GOLD to get the process started.

In what form can I receive distributions?

You may receive distributions from your Capital Gold Group IRA in the form of physical gold, silver, platinum or palladium, depending on what metals are in your account. If you prefer to receive cash, Capital Gold Group will help you convert and liquidate your Gold IRA and all precious metals into cash.

Can I take physical possession of the metals?

Yes. At the age of 59½, you will be able to take physical possession of your metals without any penalties. Your Gold IRA coins and bars are not commingled with other investors’. Your physical precious metals are secured with your name and account.

There is what is called Home Storage IRA this is a self-directed IRA that enables you to invest in IRS-approved physical precious metals and have the metals delivered right to your family home. You will become the sole manager of your LLC, you can freely purchase IRS-approved physical precious metals for your IRA using the LLC’s checking account. For more information go to Home Storage IRA or call Capital Gold Group and talk to one of our experts that can help you get the process started.

When will I be eligible for distributions from my Gold IRA?

At the age of 59½, the beneficiary of a Capital Gold Group IRA may begin receiving penalty-free distributions from their account.

Who is the custodian of Capital Gold Group Gold IRA?

Capital Gold Group utilizes Self Directed IRA and Kingdom Trust as the custodial administrator for your IRA.

  • Self Directed IRA has over 40 years of combined experience in the self directed IRA industry and provides administration and custody of alternative and traditional assets in IRAs for individuals and small businesses nationwide.
  • Kingdom Trust is an industry leader in providing alternative investment custodial services to brokers, advisors, and sponsors, with more than $8.5 billion under custodial administrations.

Why do I need a custodian to administer the precious metals in my IRA?

In reference to the Internal Revenue Code Section 408-2, it is required that a custodian administers the IRA. The custodian is a trustee that will track the assets in an IRA. The custodian is to be under the regulations prescribed by the Secretary of the Treasury. The custodian will also handle distribution of the entire interest of an individual for whose benefit the trust is maintained. Gold IRA’s and all Precious Metals IRA are no different.

Does Capital Gold Group sell precious metals without a Gold IRA?

Yes. Capital Gold Group is a full-service precious metals firm. Capital Gold Group is a Gold IRA Company and we can help you buy gold and other precious metals for secure delivery to your location.

proof Gold American Eagle coin set
St Gaudens gold coins