IRA
Free IRA Consultation
Learn about IRAs – To hear from one of our Professionals please go ahead and fill out the following form. We will contact you and discuss your options for IRA products, storage options and buying and selling for your IRA account.
How it works
Step 1 – The first step for the IRA “Individual Retirement Account” is to contact one of our approved IRA Custodians (New Direction) or (Gold Star Trust) and open a “Self Directed” account. Both custodians will provide all the necessary paperwork to open an account.
Custodians
Gold Star Trust: PO Box 719 Canyon, TX 79015 (800) 486-6888 www.goldstartrust.com |
New Direction IRA: 1070 W Century Drive Suite 101 Louisville, CO 80027 (303) 546-7930 https://newdirectionira.com |
Step 2 – After the IRA account has been established and opened through the recommended custodian you will then fund the account with enough funds to Purchase Metals as well as Storage Fees. Each depository will charge a small % fee for storing the metals in your IRA depository. This fee is usually a Fraction of a percent to hold the metals, insurance, and accounting for the metals at the depository.
Step 3 – After the account has been funded through the custodian, the custodian will send over a Buy Direction Letter. This is a letter showing that the customer has x amount of funds available to purchase precious metals.
Step 4 – Once the Buy Direction has been sent to DBS, we will then contact our customer and go over the pricing and products available. We do not lock in any prices until we can confirm the prices with our customers.
IRA Approved Products
Step 5 – After we have locked in the price we send over a purchase order to both the customer and custodian. The custodian will then send over payment from your account to our DBS account.
Final Step – The metals will be shipped for free your depository and placed inside of your storage account. Both DBS Coins and the depository will send over shipping confirmations for the products shipped.