Precious Metals IRA Guide
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Safeguard Your Future With a Precious Metals IRA www.assetstrategies.com Contents Protect Your Savings With 3 a Precious Metals IRA 44 How to Get Started IRA-Approved Bullion 5 Products Offshore and Domestic 6 Storage Options 8 IRA-Approved Custodians 9 Frequently Asked Questions About Asset Strategies 11 International Protect Your Savings With an ASI Precious Metals IRA Precious metals IRAs allow you to hold physical gold, silver, platinum and palladium in your tax-deferred retirement account. In the midst of today’s economic uncertainties and market volatility, a precious metals IRA with ASI provides many benefits and an added layer of protection that other IRAs cannot. Diversification for your retirement portfolio - Physical precious metals in your IRA limits your exposure to market volatility because your portfolio includes assets other than mutual funds and securities. By diversifying your assets, you are not solely dependent on the dollar's strength or movements. When you invest in alternative assets, such as precious metals for diversification, you can help reduce your overall financial risk. Hedge against inflation and market volatility -There’s a reason why investors are turning to precious metals. Gold has proven itself throughout history to maintain its purchasing power during economic instability. During inflation, the dollar can plummet tremendously, but gold generally reacts inversely. Precious metals in your IRA can help preserve your wealth during these uncertain economic times. Greater freedom and flexibility - With a self-directed precious metals IRA, you have the freedom and flexibility to decide exactly what you want to hold in your account. The makeup of your portfolio is determined by your own investment choices. Other IRAs, however, are determined by your employer or fund manager and include limited asset selections on which you cannot expand. More distribution options - When you are eligible to make withdrawals from your retirement account, you have the option to take physical possession of your precious metals. This gives you the opportunity to re-invest your metals in order to grow your assets. You also have the option of liquidating your precious metals. These benefits are only available with precious metals in your IRA; something that mutual funds and stocks cannot offer. 3 ASI Makes Investing Secure and Easy Setting up a precious metals IRA doesn’t have to be complicated nor challenging. The process involves three key players – the IRA custodian, ASI (dealer), and yourself. If you’re worried about choosing an IRA custodian, ASI has a working relationship with a variety of trusted custodians from which you can choose. There are also requirements and guidelines specifying what type of metals you can purchase with IRA funds along with how your assets are stored. ASI can help you stay compliant with every IRA requirement and store in approved and secured facilities. How to Get Started: Diversify Your IRA in 3 Simple Steps 1 2 3 Open an Account Fund Your Account Choose Your Metals Speak with an ASI IRA You can fund your account Confirm the exact asset Specialist about opening through a rollover, transfer and amount you would like an account by calling and/or direct contribution. to allocate to your IRA. 800-831-0007. ASI can assist you wherever possible with this step. 4 IRA-Approved Bullion Products * Other IRA-approved products are available with the following purities: Minimum gold fineness: .999* Minimum silver fineness: .999 Minimum platinum fineness: .9995 Minimum palladium fineness: .9995 90% Junk Silver bags are not eligible for precious metals IRA investing. *American Gold Eagle coins are the only exception to the minimum fineness standard. 5 Offshore IRA-Approved Options With ASI Some clients prefer to store their precious metals offshore for additional safety, privacy, and diversification across borders. If you choose to store your assets offshore, here are some excellent options that provide competitive storage rates. Perth Mint Certificates - Perth, Australia You can use your IRA to hold offshore gold, silver and platinum with Perth Mint Certificates. The Perth Mint offers extremely low premium and free storage for specific metals. Your certificates are 100% backed by physical metal and are offered by the world’s only government guaranteed program (Government of Western Australia). ASI is the leading Perth-Approved U.S. dealer who can help you hold offshore Perth Mint Certificates in your IRA. Strategic Wealth Preservation - Cayman Islands You can store your assets offshore through Strategic Wealth Preservation (SWP), an offshore IRA-approved precious metal depository. SWP, is independently owned and privately operated, located in the Cayman Islands. They provide fully allocated, segregated and insured storage within their state-of-the-art security system. SWP also does not have any wealth-reporting requirements to the Cayman or any foreign governments. 6 Offshore IRA-Approved Options With ASI International Depository Services - Toronto IDS Toronto is Canada’s first full-service LBMA and IIROC-approved precious metals depository specializing in secure custodial storage and shipping for corporate entities and individual investors. They offer fully segregated and allocated secure storage with an all-risk insurance protection underwritten by the world’s leading specialty insurance provider. Domestic IRA-Approved Options With ASI International Depository Services - Delaware IDS Delaware is located directly in the heart of America’s primary business corridor near New Castle, Delaware. They are a depository of all four precious metals and offer security-conscious clients tailored services on request for inspections, import and export assistance, and special packaging. 7 Approved IRA Custodians Canyon, TX Murray, KY Louisville, CO Oakland, CA Westlake, OH Oak Brook, IL Speak with an ASI Specialist at 800‐831‐0007 to find out which IRA Custodian is best for you! 8 Frequently Asked Questions Q. Can I have more than one IRA? A. Yes, you can have multiple IRAs, but your total annual contribution limits remain at the same maximum regardless of how many IRAs you have. Q. Who is eligible for a precious metals IRA? A. Anyone who is under age 70½ and has earned income is eligible for a precious metals IRA. Q. Can I rollover or transfer an existing IRA to a precious metals IRA? A. Yes, your IRA custodian can help you rollover or transfer your existing IRA into a precious metals IRA. Qualified IRA accounts include: Traditional IRA, Roth, SEP, SIMPLE, 401(k), and 403(b). Your IRA custodian can provide you with specific details. Q. Why can’t I hold metals in my current IRA? A. Select IRAs allow you to hold precious metals. Most IRAs, however, have restrictions on qualified assets. Speak with your IRA custodian to find out if your IRA is eligible for precious metals. ASI can work with any IRA custodian you choose, as long as they work with precious metals. ASI also has a working relationship with a variety of IRA custodians as well. Q. Can I choose where my precious metals IRA are stored? A. Your precious metals IRA must be stored at an IRA-approved storage facility. The location of the storage facility depends on the IRA custodian you choose. Some IRA custodians give you a choice of multiple storage facility options. 9 Q. What are the custodian and storage fees? A. Fees will vary depending on the size of your account and metal holdings in your depository. Please contact your IRA custodian or your depository of choice to learn more about fees. Q. What is the minimum dollar amount for an IRA purchase at ASI? A. IRA purchases will typically exceed the minimum amount of 1-ounce of gold and 100 ounces of silver. The minimum for the IRA Perth Mint Certificate is $10,000 to start and $5,000 to make additional amounts. Q. Do I have to distribute precious metals in my IRA if I am subject to the Required Minimum Distribution (RMD)? A. The RMD works with precious metals in exactly the same way as with any other qualified asset. The current market value of your precious metals holdings determines your RMD for any year, but you can distribute the required amount from any of your qualified assets and leave your metals holdings intact. In these unpredictable and uncertain times, ASI is committed to helping you add stability to your retirement portfolio and give you peace of mind for your future. We have a dedicated and knowledgeable staff ready to assist you with your asset protection and wealth building needs. Speak with an ASI Specialist for a full list of your IRA options by calling 800‐831‐0007! 10 About Asset Strategies International Asset Strategies International (ASI), founded in 1982, is an innovator in alternative asset ownership, including precious metals, foreign currencies and global asset protection. Co-Founders Michael Checkan and the late, Glen O. Kirsch, believe wealth must be protected by diversifying across currencies, across countries, and across investments. The world's economy is precarious and requires precautionary measures. "In these unpredictable and uncertain times, ASI is committed to helping you add stability to your portfolio and give you peace-of-mind." -Rich Checkan, President and COO ASI has been assisting clients with precious metals IRAs for over 19 years. We have a dedicated and knowledgeable staff ready to assist you with all your asset protection and wealth building needs. Our highly trained and educated Preferred Client Relations representatives can answer all of your questions, discuss your options, and assist you with international and domestic asset protection and investment needs. *Asset Strategies International is neither a financial advisor nor a tax advisor. The statements made in this guide are for informational purposes only and is not intended for individual investment advice. The information is obtained from sources we believe to be reliable, but we do not guarantee that it is accurate.