IRA Frequently Asked Questions

The following accounts are eligible for a self-directed precious metals IRA rollover or transfer:

• Traditional IRA
• Roth IRA
• SEP IRA
• TSP (Thrift Savings Plan)
• 401(k); 403(b), 457, and select pension plans
• Tax-sheltered annuities.

Select accounts must be from a previous employer or for individuals age 59 ½ or older. You should consult your own tax advisor to determine your eligibility.

Generally speaking, no. A direct transfer is a tax-free process and requires no IRS reporting with no limits on the number of transfers performed. There are no tax penalties for rolling over part or all of your current retirement plan—as long as you complete the process within 60 days and roll over funds only once every 12 months.

Your IRA Account Executive will walk you through every step of our fast and easy sign-up process . First, we’ll assist you in completing your application. We’ll then coordinate with your new IRA custodian to set up your IRA account (typically within 24 hours) and facilitate the transfer of funds from your old custodian. While the amount of time this step takes varies, funds take an average of five business days to transfer. Once setup is complete, we’ll reach out to you to select your physical precious metals and arrange delivery to the depository.

All packages are shipped registered and fully insured. U.S. Money Reserve takes full responsibility for all precious metals orders until they are received and fully accounted for by the depository for secure holding.

You are the sole owner of the precious metals in your self-directed IRA. Once the time comes to take distributions, you can choose to take physical posession of your metals by having them sent directly to your door as an in-kind distribution.

If you are at least age 59 ½, you are eligible to take penalty-free distributions from your self-directed precious metals IRA. Any funds withdrawn before that age could be subject to additional taxes and penalties. Required Minimum Distributions (RMDs) begin at age 70½ (for those born before July 1, 1949), age 72 (for those born from July 1, 1949 to December 31, 1950), or age 73 (for those born in 1951 through 1959). Starting in 2033, the RMD age will increase to 75 for those born in 1960 or later.

Through U.S. Money Reserve’s IRA program, we will pay your fees for the first year with a minimum rollover/transfer of $25,000 or upon opening a new account of $6,000 on select inventory.* A custodian will typically charge a one-time account setup fee and an annual account administrative or maintenance fee, while the depository will typically charge an annual fee for secure storage and insurance. Other transaction fees may apply. Your fees may vary based on the size of your account and the precious metals selected.

*To be applied toward initial setup and storage fees for the first year.

The convenience of a self-directed precious metals IRA allows you to take distributions out of your plan by either taking physical possession of your precious metals (known as an “in-kind” distribution) or liquidating your metals for cash. U.S. Money Reserve is available to liquidate any and all precious metals we have provided to our clients, according to our liquidation policy. However, you will need to consult a tax professional prior to liquidation.

If you have any questions about returning or liquidating our merchandise, please contact our Customer Relations Department at 1-855-560-5118.

Yes. At U.S. Money Reserve, we hold a significant amount of inventory in our Main Vault Facility for individuals either looking to hold physical gold and silver as part of an IRA or to purchase tangible precious metals outside of a retirement account. Call your IRA Account Executive at 1-800-685-3400 to discuss your full suite of options.