Investing in physical gold and silver is one way you can help preserve and even grow your retirement wealth.
At Red Rock Secured, we understand the importance of your retirement savings and why you may want to keep them private.
That’s why we’ve created our Home Delivery IRA, which gives you the security and privacy you want when investing in precious metals.
How Does a Home Delivery IRA Work?
If privacy and accessibility to your metals are a top priority, then our Home Delivery IRA is the ideal option for you. Here’s how it works:
You choose what percentage of your retirement savings you’d like to convert. Next, we’ll help you set up a self-directed IRA that allows you to legally hold precious metals and other non-traditional assets tax- and penalty-free (IRS Code 408(M)(3)).
Then, assets from your existing retirement account can be converted to your new account.
Your precious metals are then shipped directly to you to be stored in an approved depository near your home.
Storing Your Metals
To legally store metals outside of a depository, you have to create an LLC that will take legal ownership of the metals.
To do so, we’ll help you buy all shares of your LLC using your IRA funds. Since your metals are now technically owned by your LLC, they can be stored in any IRS-approved facility, like a safety deposit box at your bank.
Again, since the LLC is owned by your IRA, the metals are still under the umbrella of your retirement account.
After your metals are shipped, you’ll sign for them at your front door and store them at your discretion. Since the IRS only requires documentation for assets inside your IRA, your metals investments stay totally private.
Be sure to consult your tax advisor to discuss any potential tax risks.
If you’d prefer to have your metals stored for you but still have the option of seeing them when you’d like, learn more about our Depository IRA option.
Have questions about our Home Delivery IRA? Give our Client Success Managers a call at (833) 909-1376 for your free, no-obligation, one-on-one consultation.