- Gold Au $3208.82 $-28.23
- Silver Ag $32.28 $-0.36
- Platinum Pt $988.89 $-7.70
- Palladium Pd $964.93 $-0.29
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Your Precious Metals IRA
Diversifying a Portfolio with Gold, Silver, Platinum, or Palladium
Many individuals are funding a self-directed IRA with gold, silver, and platinum bullion bars and coins. Diversifying your investment portfolio with precious metals is a smart way to balance and improve the overall performance of your retirement portfolio. Paper-denominated assets like those found in traditional and Roth IRAs and 401Ks can lose value when government fiscal and monetary policy is not sound. Adding a percentage of gold, silver or platinum in a new precious metal IRA can compensate for paper losses.
Regardless of which legal framework you prefer to use (as shown in the section below, the process of getting physical precious metals into your 401k or IRA is simple:
Open or create a custodian account (see section below for options)
Fund the account
Buy precious metals from Franklin Coin
Two Options
There are two main ways that individuals can establish and get physical precious metals into a custodian / retirement account (401k or IRA). They are:
1. Establish a self directed 401k trust or LLC where you are the trustee or owner of the LLC. Fund it from existing 401ks or IRAs. The metal is in YOUR control. There may be annual fees payable to local/state or the federal government. Once funded, you would simply contact us to buy your precious metals.
2. Establish a self directed 401k or IRA at an existing self directed custodian. Fund it and buy precious metals. The metal must be stored in an IRA approved depository and there are yearly fees associated with the management and storage of your account. Once funded, fill out the buy direction paperwork with any of the custodians naming Franklin Coin as the dealer. Then contact us and we will coordinate with the custodian in selling the metals into your account and sending them to the depository.
It is up to you to decide which suits your needs better.
