Can I Roll My IRA Into Gold or Silver?

Can I Roll My IRA Into Gold or Silver?

Disclaimer: Some or all of the companies listed on this page my provide compensation to us. This is how we maintain our free service for consumers that visit us. Compensation & hard research determine where and how companies appear below.

It's never too early or too late to invest in precious metals, especially when looking for a safe return on your hard-earned money. With the release of the new CFPB gold rule, many investors have been considering rolling their IRA into gold or silver to get extra protection from an uncertain future. However, before you can roll your investment into gold or silver as it currently stands, you'll need to know what kind of IRA you have to make the most effective rollover possible.

The IRS allows you to roll over a traditional IRA into a new IRA. That means you can transfer all or part of the original investment account (the one your clients have been investing in) into a new one and continue investing the same way you were before. The only thing that you can't do is re-direct from one account to another, which would mean changing your entire investment strategy to minimize risk and maximize potential returns.

Two rules will apply to any rollover, whether from one type of IRA to another or from an asset class like stocks and bonds into gold or silver (or vice versa).

Can I Roll My IRA Into Gold or Silver?

First, you cannot alter the existing contributions for the existing account. This rule applies regardless of whether or not the contributions were made with after-tax dollars. Any change to your existing account will be considered a re-allocation and thus prohibited.

Secondly, you cannot re-direct new contributions from your IRA into an IRA of a different type, despite what newer investors may think. This rule applies to both traditional IRAs and Roth accounts, even if the version for which you want to invest in gold or silver is itself rolled over from another rolling account. In short, if you open a traditional IRA, you will always have a traditional IRA, no matter how many times you roll it over into different types of assets (like gold).

However, you can roll your IRA into a non-IRA account. This second rule sounds like an easier loophole through which you can roll over your traditional IRA into precious metals (or vice versa). However, the rollover from an IRA must have the same asset class as the original investment.

Even if that were not the case and someone could find another method of accomplishing his dream of rolling over his investments into gold or silver while complying with IRS rules, they would still need to consider how that would affect their tax obligations.

The obvious disadvantage of rolling over an IRA into precious metals is that the current tax laws require you to report those profits to the IRS. As a finance professional, you can legally figure out a way around this. However, it may not be worth the extra trouble and worry if your clients are unaware of their new requirements or don't want them to know.

That said, many IRAs are (or were) in existence for decades and long after the client has forgotten about that initial traditional IRA investment. This could be especially true if the funds were invested in a passive account without much activity. If this is the case, there would have been no income tax returns to file anyway and thus no tax liability to report on any gains.

You should remember that if clients begin withdrawing funds from their IRAs (because they can't wait to invest them into gold or silver), they will have to pay ordinary income tax on whatever remains in the account when they take those distributions.

Again, investing in precious metals is always early enough. Still, it's always crucial to understand the IRS rules and what kind of IRA you have before rolling it over into anything else. This article looks into the top three companies that can assist in rolling your IRA into gold and silver.

Top 3 Companies Rolling IRA into Gold and Silver

#1. Goldco

Can I Roll My IRA Into Gold or Silver?

Goldco is the perfect solution for investors who are looking to roll over their traditional or Roth IRA into gold and silver. This fact is a great relief because the company is committed to paying your IRA account in the form of actual bars of bullion, not paper certificates.

Goldco is a precious metals retailer that has been in business since 2006 and has met clients' gold and silver needs ever since.

One of their most popular services is the Gold IRA Rollover. This service provides you with a check or bank wire for your IRA in the form of gold bullion and silver bars, as well as Gold certificates that can easily be redeemed for either gold or silver bullion at any time in the future.

It's important to note that this option does not provide a non-IRA investment account. Instead, your funds will remain in an IRA for as long as you choose to keep them there and will then be transferred over into the new precious metals account instead when the time is right.
Goldco can also handle an unlimited amount of precious metals in a single account or multiple accounts.

They have various IRA varieties, including the Traditional IRA, Roth IRA, SEP IRA, and Simple IRA, so clients can customize their investment options for maximum benefit.

In addition, Goldco will provide you with personal support from their friendly and knowledgeable staff. They'll help you find the right precious metals for your financial goals and guide you through every step of the process until it's complete.

You can also open a checking, savings, or money market account with them. If you're looking to add precious metals investment into your finances, Goldco can help you get started right away.

Pros & Cons of Goldco


  • Allows you to roll over your existing IRA into gold and silver bullions: Goldco provides clients with a check or bank wire for your IRA in the form of gold bullion and silver bars, as well as Gold certificates that can easily be redeemed for either gold or silver bullion at any time in the future.
  • No restrictions on conversion rates: they have no minimum or maximum amounts to invest, and you're allowed to roll over as many IRAs as you'd like.
  • No holding fees: they do not charge any holding fees to your account.
  • Unlimited precious metals investment: no fees or minimum amount to deposit.


  • The company has a high minimum investment of $25000.
Augusta Precious Metals

One of the significant advantages of Augusta Precious Metals is that they are a full-service precious metals company that offers you a wide range of services, including IRA gold and silver rollovers.

Their service allows clients to roll over their existing traditional IRA or 401K (Roth as well) into precious metals accounts with AGPM. Once done, the funds will be transferred to your newly established account and automatically converted into gold or silver bullion.

Augusta Precious Metals also helps clients diversify their portfolios by removing the possibility of being stuck on the losing end with just one kind of asset for too long. It also covers tax liability on investment gains during your retirement years.

The company is a gold and silver dealer that accepts almost any major credit card or bank account. Since they take care of the conversion from your current investment into gold or silver, you can be assured that their prices are competitive and fair.

Pros & Cons of Augusta Precious Metals


  • Firm commitment to customer satisfaction: the company is committed to providing clients with the highest quality and most trustworthy precious metals investment services and products.
  • Disadvantages of rolling over IRA into gold bullion are removed when you roll over IRA into AGPM: You will have access to a secure, fully guaranteed, FDIC-insured precious metals account held by a brokerage firm, not AGPM itself. Plan details are not maintained by AGPM and are sent back to the brokerage firm for safekeeping.
  • Easy to use and secure: AGPM's website is easy to navigate, has a secure login area, and is entirely safe.
  • Affordability: the cost of rolling over your IRA into gold or silver bullion with AGPM is a fraction of the cost of an outright purchase from a precious metals dealer. And if you already own some gold or silver bars, you can easily sell them back to AGPM anytime.
  • Easy management of investments: AGPM allows you to manage your precious metals investment on their site in real-time with numerous options available, including receiving market updates, using multiple price and date filters, and sorting by the bid price, weight and purity.


  • The company has a high minimum investment of $50,000.
American Hartford Gold

American Hartford Gold (AHG) is a reputable precious metals dealer in Los Angeles. They offer personal accounts that allow clients to roll over their IRA accounts into American Hartford precious metal investment accounts.

The company buys gold and silver from consumers and businesses at market prices whenever possible, so you can be sure that your gold or silver will always be top-grade quality.

They also offer various IRA precious metal investment options like the American Hartford Gold IRA Gold Trust and the American Hartford Gold 401K Rollover program. These programs allow investors to diversify their investments while making extra money by rolling over assets into precious metals.

The company is dedicated to satisfying your precious metals needs and has been doing so since 2015. They provide a secure, fast, and enjoyable website with convenient and friendly shopping tools. They don't require any minimum purchase amount, making it easy to take advantage of the annual cost savings this type of asset accrues.

American Hartford Gold strives to provide the best value by minimizing costs, maximizing profits, and offering clients a high level of personal service and support. They continually try to improve their service, both as a precious metals dealer and as a precious metals investment company.

American Hartford Gold is a leader in the precious metals industry and a trusted source for precious metals IRA.

Pros & Cons of American Hartford Gold


  • Wide range of precious metals to choose from: the company offers clients a wide range of investment opportunities in silver and gold bullion, certified coins, American Silver Eagles, and American gold Buffalos.

    Benefits include competitive prices, fast shipping, secure storage facilities, and high-quality customer service.
  • Convenience: clients can easily access their accounts via their website or by calling one of their knowledgeable staff members. They offer competitive prices on all bullion purchases and competitive interest rates on all CD accounts.
  • The firm is a full-service precious metals dealer that accepts most major credit cards and bank accounts.


  • The company lacks transparent pricing on its website.


Am I eligible to roll over funds?

You are eligible to rollover your 401(k) or IRA if you meet the following criteria:

  • You must be at least 59½ years old (59½ is the minimum age requirement that allows you to roll over IRS-qualified retirement plans like a 401(k) or IRA) - If you are divorced, the other spouse must consent to the rollover.
  • You should not have received a distribution from the plan in which you wish to invest for at least 60 days before the date of your order. Distributions from your existing retirement plan within this period may result in penalties and taxes being applied against your new precious metals investments.
What are the contribution limits during a rollover?

The contribution limits on all rollover accounts are calculated using the following formula: Contribution limit = (1 x Annual salary) + (1 x Bonuses) + (1 x 401(k) Deferral Limit).

  • If you have a 401(k) or IRA, you can contribute as much as $5,500 annually. You may also contribute an additional $5,500 if you make this contribution after age 50 and are covered by a retirement plan at an immediate continuation employer.

Rolling your IRA into gold and silver can help you take advantage of the tax savings of a rollover while diversifying your portfolio. Still, they also come with disadvantages and risks. If you're considering a rollover, it's best to do it with a trusted precious metals dealer like American Hartford Gold (AHG) instead of rolling over directly into precious metals.

Leave a Comment

Your email address will not be published. Required fields are marked *