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What investments can I rollover into a precious metals IRA? |
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Most employer pension and profit sharing plans, 403(b) plans, and existing IRA holdings can be converted to a precious metals IRA. This can be accomplished by issuing a transfer request to the trustees of the existing account – or by simply collecting the proceeds from these accounts and reinvesting them into the new account. As long as you reinvest the funds within 60 days, you enjoy the same rollover status as you do with a transfer request, with no IRS penalties or taxes. Many people find this method faster and far more convenient than issuing and processing a transfer request. You may then continue to fund the IRA yearly, up to the maximum amount allowed. Your precious metals IRA can even be a part of a Simplified Employee Pension (SEP) plan, with annual contributions of up to $30,000, in addition to other eligible contributions. Ask your IPM representative for more information on any of these options. [ Return To IRAs ]
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Copyright © 2007 International Precious Metals. All rights reserved. All information and material contained herein is for the sole use of IPM clients and prospective clients, and may not be used or distributed for any other purpose without express written permission.
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By rolling over an existing IRA into a precious metals account, you could be eligible to fund it with Treasury-sealed Mint rolls and Mint cases of American Eagle coins. Treasury sealed rolls and cases are a great way to hold these coins: They offer special appeal on secondary coin markets, as their sealed condition ensures that they have not been picked through in search of MS-69 and MS-70 specimens. An IRA holding may offer the opportunity to liquidate at a time when secondary market potential is mature, giving added value to your IRA investment!
IPM accepts many convenient forms of payment, including major credit cards, personal and bank checks, bank wires, and metal trades. Talk with your account reprentative to determine the best and most convenient form of payment for any particular transaction.
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