Gold IRA: five steps

• Discuss your budget, goals and timeline with Blake.
• Discuss which funding method may apply: transfer, rollover or contribution. These are alternatives—not three required transactions.
• Discuss gold, silver, platinum, palladium—or a mix. You do not need to choose every metal.
• Discuss U.S.-minted products or lower-premium alternatives.
• Discuss custodian and storage options.

Blake can explain product choices and the process. Account eligibility, funding and tax questions belong with the custodian and your own qualified advisers.

Apply with the independent custodian and arrange the IRA’s storage through its process. Confirm the account and depository setup, applicable fees and funding instructions as your arrangement is established.

• Open the appropriate self-directed IRA with the custodian.
• Ask the custodian how to select and enroll IDS Texas for your IRA. Do not open an unrelated private-storage account.
• Arrange the eligible transfer, rollover or contribution that applies to you, following custodian instructions. Funds go to the custodian—not Blake or Pryce House.
• Review the applicable custodian and depository schedules. Product pricing is confirmed later for the specific trade.

An IRA generally cannot own collectibles, subject to specific coin and bullion exceptions. Qualifying bullion must be in the physical possession of a qualifying trustee. Confirm the specific product and custody arrangement with the custodian.

Contact Pryce House to select the exact products and request the current trade terms.

• Confirm eligible coins or bars, weights, quantities and availability.
• Review current wholesale coin/bar premiums and the dealer’s quoted product price.
• Review the spot reference, final purchase price, quote validity, lock timing, payment requirements and cancellation terms before committing.
• Approve the exact trade under the custodian’s process.

What does “locking the price” mean?

The quote identifies the spot reference per troy ounce, product premiums and final purchase price. Confirm the quote’s validity, lock timing, payment requirements and cancellation terms before committing. A website indication is not a locked trade; future spot or buyback prices are not guaranteed.

No trade is executed by this page or by checking a tracker box.

Follow the providers’ approved delivery and recordkeeping process.

• Coordinate delivery to the custodian-approved depository.
• Confirm receipt and reconcile the products with the custodian’s records.
• Review the actual storage agreement, insurance scope and custody terms.
• Keep contact information current and establish a routine to review ongoing fees, statements and any distribution requirements. This remains an ongoing responsibility.

Do not assume insurance covers investment losses or every type of risk. Confirm the applicable terms with the providers.

You decide what to request; the custodian administers the IRA transaction.

• When ready, decide whether you want a sale inside the IRA, a permitted distribution, or to keep holding. A sale and a distribution are different; neither is required just to finish this guide.
• Discuss tax consequences and any required distributions with your tax adviser before acting.
• If selling, request a current Pryce House quote and charges, then authorize the sale through the custodian; proceeds return to the IRA. If requesting an eligible cash or in-kind distribution, instruct the custodian. If continuing to hold, continue account reviews. Mark only after completing the path that applies to you.

The custodian does not choose your investment decision. A distribution is different from selling metal inside the IRA; do not treat sale proceeds as a personal withdrawal without the custodian’s distribution process.