What is a self directed IRA gold account?

A self directed IRA gold account is a type of SDIRA that holds physical gold bullion — coins and bars meeting IRS purity requirements under IRC §408(m)(3) — instead of traditional paper assets. Unlike standard IRA accounts at conventional brokerages, a self directed gold IRA requires a specialized S

What is the difference between a self directed IRA and a conventional IRA for gold?

A conventional IRA at Fidelity or Vanguard cannot hold physical gold — only paper assets (stocks, ETFs, mutual funds). A self directed IRA (SDIRA) is a retirement account administered by a specialized custodian that permits alternative assets including physical precious metals. For gold to be held i

Who can be an SDIRA custodian for gold?

Under IRC §408(a), SDIRA custodians must be a bank, federally insured credit union, or IRS-approved non-bank trustee. The major SDIRA custodians for gold are: Equity Trust Company (largest SDIRA custodian, $34B+ AUA), Kingdom Trust (technology-focused), Strata Trust Company (formerly SDIRA Services)

What gold is eligible for a self directed IRA?

IRS-eligible gold for an SDIRA must be .995+ fine and produced by a national government mint or COMEX/LBMA-approved refiner. Eligible products: American Gold Eagle (.9167 fine — the only exception to .995 minimum), American Gold Buffalo (.9999), Canadian Gold Maple Leaf (.9999), Austrian Gold Philha

What are the prohibited transactions for a self directed gold IRA?

Prohibited transactions under IRC §4975 include: purchasing ineligible gold (numismatic coins, jewelry, below .995 fine), storing IRA gold at home, purchasing gold from or selling to a disqualified person (you, your family, financial advisor), using IRA gold as loan collateral, and taking personal u

How much does a self directed gold IRA cost per year?

Annual SDIRA gold costs: custodian fee ($75-$200/year), depository storage ($75-$150/year), wire transfer fees ($25-$35 per transaction). Gold purchased at spot + premium ($30-$80/oz coins, $10-$30/oz bars). Total annual holding cost: $175-$400. Setup fee ($50-$100) often waived for deposits over $2

Can I manage my own self directed gold IRA?

Yes — in an SDIRA, you direct all investment decisions (which gold products to buy, when to sell, when to distribute). However, all transactions must be executed through the SDIRA custodian, not directly. You cannot purchase gold personally and deposit it into your SDIRA, and you cannot take persona

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