Investing in gold and precious metals within a Self-Directed IRA is easy. You can do it yourself in less than 15 minutes online, however, if you prefer, VaultRunner has IRA specialists who are available to help you every step of the way by calling 650-334-1178, Monday through Friday from 8:30 am to 5:00 pacific time.
The first step is to establish and fund your IRA account with a self-directed IRA custodian. VaultRunner has provides 4 of the top Self-Directed IRA Custodians that specialize in alternative assets, to help administer your new account.
VaultRunner’s preferred vendor of choice is New Direction IRA. While all the custodians we have partnered with provide excellent service, we have found NDIRA has the broadest range of IRA Approved Depositories, low fees, and responsive service.
Keep in mind, the custodian you choose is entirely up to you and we work equally well with all of them. Fees do vary among firms but typically range from $200-$400 on average. Service level and processing time can vary among them, and depository fees are always charged separately from custodial fees.
Once you know which custodian you would like to work with, you can complete the application online using the portal we provide linking you directly to them or you can have our specialist assist you if you prefer.
You may choose to fund your Self-directed IRA by a direct transfer or rollover from another IRA, 401(k) or other qualified retirement plans. You can make an annual IRA contribution by starting a new plan if you’re eligible. If you are not sure if you are eligible to contribute to a new plan in the current tax year, we suggest you contact a professional tax advisor as we do not provide tax or investment advice.
When filling out your application, you will need to list VaultRunner as the interested party on the “Precious Metals Buy Direction Letter” so we can assist you during the purchase process. This form may have a different reference depending on the custodian you select, basically, it is the form which designates the representing party which can interact with your custodian when purchasing the metals.
The application will include a section which will indicate to the custodian the method by which you will fund your account. If you are transferring from another plan the custodian will facilitate the transfer directly on your behalf. If you are establishing a new account, you will need to fund your new IRA check or bank wire directly to the custodian.
You will receive a letter from the custodian indication they have opened your new account and instruction on setting up your online access and password for later viewing.
When your account is funded you can select the metals you would like to invest in from our list of IRA Eligible Metals here. Before you lock-in your metals, you will need to notify us, so we can coordinate the purchase with your custodian. Your custodian will send payment from your self-directed IRA along with shipping instructions to VaultRunner, Inc. who will then forward the metals to the depository on your behalf.
When the process is complete, you will receive an invoice of the metals purchased by your plan from VaultRunner. In roughly 2-3 weeks after your transaction has completed, the metals will be reflected online in your IRA account.
Anytime you have a question at any time, just give us a call 650-334-9316 option 1
DISCLAIMER: Vaultrunner, Inc. does not render tax, legal, accounting, investment, or other professional advice. If tax, legal, accounting, investment, or other similar expert assistance is required, the services of a competent professional should be sought. CIRCULAR 230 NOTICE: As required by U.S. Treasury rules, we inform you that if any Federal tax advice is contained on this website, including attachments (in spite of our best efforts not to provide any tax advice), it is not intended or written to be used, and cannot be used, by any person (1) for the purpose of avoiding any penalties that may be imposed by the Internal Revenue Service, or (2) to promote, market, or recommend to another party any matter addressed herein.