Augusta® Gold IRA FAQ
Gold $1644.00
-6.3 Silver $14.62

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Gold & Silver IRA FAQ

Have a Question About the Silver & Gold IRA that Could Help Protect Your Savings?

See answers to common questions below, or call us at 800-700-1008

Q. What is a silver and/or gold IRA?

A: This IRA enables the purchase of IRS-approved physical gold, silver and other precious metals you can see and touch in person. You store your metals in a highly secure, risk-averse, fully insured, non-government depository storage facility for safekeeping. Augusta Precious Metals walks you through the few, easy steps required to open the account. It’s simple – we will help you sign a few forms and fund your account.

Q. How can I see the gold and/or silver in my IRA?

A: Your precious metals are delivered, with free shipping and insurance, to a non-government depository storage facility you select. If the metals are segregated (set apart from all other metals in the storage facility), you can make an appointment to see and hold them in person. If your metals are not segregated, you still can make an appointment to see and hold metals in the forms purchased.

Q. Where are the private storage facilities located?

A: You can choose the depository most convenient for you from several locations in U.S. cities and one location out of the country. At this time, storage facilities are available in Los Angeles, California; Salt Lake City, Utah; Jackson, Ohio; Wilmington, Delaware; New Castle, Delaware; and Springfield Gardens, New York; as well as in Mississauga, located in Ontario, Canada.

Q. Can I easily liquidate my silver and gold IRA? How can I get my gold fast if needed?

A: For personal reasons or in the unlikely event of any national or global economic, social or governmental disaster, you may choose to retrieve your precious metals from the depository storage facility. You can take a full or partial distribution. Because Augusta has its own storage account, we can quickly withdraw the metals on your behalf and wire the cash to you or you can request shipment directly to you through your custodian. You can even request a distribution from your custodian and go pick up the metals in person. As with any early IRA distribution, early withdrawal of precious metals from an IRA may result in taxes and penalties unless rolled over to another qualified account.

Q. Why are there ZERO management fees with the silver & gold IRA?

A: The gold IRA is a self-directed IRA, which means YOU direct and manage your own physical precious metals within this IRA. Your precious metals are administered by a third-party custodian, but you have complete control over what you purchase.

Q. How do I get FREE shipping and insurance for my purchases?

A: With your qualifying purchase, Augusta Precious Metals covers all shipping and liability insurance costs on your metals until they are delivered to your IRA. Metals shipped out of the U.S. might incur shipping and insurance fees.

Q. Can I defer paying income taxes on my Augusta Gold IRA savings until retirement?

A: Yes. The gold IRA has the same tax-deferment benefits and penalties as more common retirement plans, including traditional IRAs and 401(k)s.

Q. Is the depository storage facility controlled by the government? Are my precious metals insured while in private storage?

A: The approved storage facilities are not owned by the government. Each location is privately owned. Your metals are insured during shipping and while in the depository storage facility.

Q. Can I roll over my current IRA or existing 401(k) retirement savings into a silver & gold IRA?

A: Yes, you can roll over funds from your traditional IRA, Roth IRA, 401(k) and 403(b) to your silver & gold IRA. Augusta can help you with the purchasing process.

Q. What kinds of precious metals can I invest in?

A: Generally, you may purchase coins minted by the U.S. government as legal tender, such as American Gold Eagles and American Silver Eagles (1 oz, 1/2 oz, 1/4 oz and 1/10 oz). Certain coins minted by other nations as legal tender also are IRS-approved. To learn more about gold bullion and gold coins, click here, click here. See silver coins here.

Q. Is my gold IRA financially secure in the depository storage facility?

A: Your precious metals are stored where you can arrange to get them but where they are safe from facility creditors and geographically separated from financial or political centers for safekeeping. Bullion is fully allocated and held off balance sheet.

Q. Is my gold or silver physically secure in the depository storage facility?

A: The fortified depository facility where your precious metals are stored is one of the most secure in the industry, access-controlled and protected by state of the art security systems.

Q. What are the benefits of buying gold and silver within an IRA?

A: Owning tangible, physical, inflation-hedging gold and silver or other precious metals can provide reliable intrinsic value that is proven resistant to inflation and the effects of economic distress. Purchasing physical precious metals in a self-directed IRA allows you to make your own purchases and bypass fee-driven, unknown trustee middlemen. When your gold or silver IRA is stored in a highly secure, non-government depository storage facility, you can arrange to go get it as long as you are prepared to pay taxes and penalties if you make an early withdrawal.

Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Premium coins are sold for more than the value of the precious metal they contain. Augusta's prices and buy-back prices are determined and controlled by Augusta. This purchase is speculative and unregulated.