How Do I Open a Gold IRA?

Gold Alliance logo.
Explore Gold IRAs from Gold Alliance

1-2-3. That's right: Only three steps stand between you and your Precious Metals IRA!

Step 1. Open a self-directed IRA

As an American, you have the right to add physical gold, silver, platinum, and palladium to your IRA, but these options are likely not available to you through your current IRA or 401(k). This is because your current retirement account provider only deals in publicly traded stocks and bonds, which can be easily administered electronically. Don’t limit yourself and let their agenda make you lose out on a method—used for over 5,000 years of human history — to protect your purchasing power by enjoying the major benefits of owning physical gold and silver.

By opening a self-directed IRA, you get to decide where to allocate your IRA funds. A self-directed IRA gives you the power to acquire precious metals, and this is where the IRA specialists at Gold Alliance come in. We’ll show you how a Precious Metals IRA works. We’ll also provide numerous options for IRA-approved metals for your savings to optimize its diversity and give you complete control over your range of assets. Creating your own Gold IRA account opens the door to new possibilities.

Step 2. Fund your account

A precious metals retirement-protection plan from Gold Alliance begins with a transfer of funds from your current qualified retirement plans (such as a 401(k), a 401(a), a 403(b), a 457, Thrift Savings Plans, and annuities) to your self-directed IRA’s custodian account, which will be in your name. Gold Alliance does not hold your funds or your precious metals—only you can control your account.

With our wealth of experience, we’re here to guide you through this process every step of the way. Remember, achieving portfolio diversification means diversifying a portion of your wealth—not your entire wealth—into gold and silver.

We’ll also make sure to eliminate the potential for errors in the transaction process. The best way to guarantee you perform your transfer or rollover correctly is by calling one of our Gold IRA experts for a free consultation and let us guide you through this process.

Step 3. Select IRA-approved gold and silver

Once you’ve completed steps 1 and 2, all that’s left to do is to stock your Gold IRA account with precious metals. By talking to your dedicated Account Executive, you can find out which gold and silver coins and bars are performing the best and what your options are if you want to diversify your portfolio by branching out into platinum and palladium.

If you ever have any questions, our relationship doesn’t end after your purchase. We’re always happy to connect with you. If you need to make additional contributions to your Gold or Silver IRA, let us know and we will help you. We can also assist with paperwork related to storing your metals, changing beneficiary designations, and buy-backs (we’re prohibited by law from guaranteeing buy-backs, but we have never denied any buy-back request).

Learn more about Gold IRAs.

Gold Alliance logo.
Several gold bars laid flat next to each other.