SAFE & SECURE
Where does my gold go?
Shipped to You and Stored Near Home in an approved facility
If privacy and accessibility are your top priorities, this option is ideal. Here’s how it works...
1. Set Up a Self-Directed IRA: This first step is the same as for depository IRAs. You’ll open a new special IRA account that can legally hold precious metals and other non-traditional assets. Once created, you can convert assets from your existing retirement account with zero tax penalties or fees.
2. Create an LLC: To legally store metals outside a depository, you must create an LLC that will take legal ownership of the metals. Your LLC can store metals in any IRS-approved facility, such as a safety deposit box at your bank. Your IRA alone is prohibited from owning and storing metals that way directly (depository must be used), but the next step alleviates this problem.
3. Buy All Shares of Your LLC Using IRA Funds: Because your metals are owned by your LLC, they can legally be stored outside a depository (some metals can even be stored inside your home). But since the LLC will be owned by your IRA, the metals are still under the umbrella of your retirement account.
4. Purchase Your Metals Investments: You’ll accept delivery of your metals at home and store them at your discretion. And since the IRS only requires documentation for assets inside your IRA, your metals investments will stay totally private; the IRS will only see an investment to your LLC, not the underlying metals the LLC holds.
Depository IRA - State of the Art Security, 100% Insured by Lloyd’s of London
Through a quick, simple process, your existing retirement account is converted to a special IRA that can legally hold precious metals. A qualified custodian like Kingdom Trust will administer your IRA - e.g. handle asset purchases and liquidations - but you retain 100% control of the investments in your account.
Your IRA-held metals are stored in a top-tier depository facility with state of the art security, and they’re fully insured. Clear documentation is kept to verify ownership of each piece of metal in your account and you can visit the depository whenever you would like to see your metals in person. Additionally, your metals are not included in the depository’s balance sheet. So in the unlikely event of a depository failure, your metals are never at risk of being seized in bankruptcy proceedings.