Does my IRA hold real physical gold and silver?
No paper assets are placed within the Precious Metals IRA established by Harvard Gold Group. The IRS permits the ownership and control of physical, premium-minted coins and bars made of gold, silver, platinum, and palladium. You can choose all gold or a combination of various precious metals assets.
What types of accounts are eligible for transfer/rollover?
You may rollover IRAs or other qualified retirement accounts into Precious Metals IRAs. Qualified retirement accounts include Traditional, Roth, SEP, or a SIMPLE IRA, 401k, 403s, 457s, Pension plans, all inherited IRA accounts, Thrift Savings accounts, plus many types of Annuities. Some annuities have penalties. In some cases, some or all the penalty can be offset by promotions: Call us with questions ~ Harvard Gold IRA specialist (844) 977-4653.
Does a Physical Precious Metals IRA protect an individual from the US Bank Bail-In Law?
The Precious Metals IRA custodian established for your account is not tied to a bank or government institution. As a result, it can shield you from third-party counter risks, including those presented by the 2014 Bank Bail-In Law in the United States. This ensures that you maintain control over your funds and have actual ownership of them.
Can I make contributions to my Precious Metals IRA?
Yes, a Precious Metals IRA has the same contribution rules as a regular paper IRA.
Contributions after age 73:
For most individuals who continue working past age 73, there is no age limit on making regular contributions to a Traditional or Roth IRA, as long as you meet the IRS requirements. The key factor is not your age— but whether you have earned income (such as wages or self-employment income).
If you’re 73 or older and not working, you cannot make regular contributions to either a Traditional or Roth IRA because you don’t have eligible earned income. However, rollover contributions—including rollovers into Traditional or Roth IRAs—are allowed at any age, regardless of whether you’re working.
The information on IRA types is based on current guidance from the IRS and is accurate as of June 2025. For more detailed information on retirement account options, visit the IRS website: Types of Retirement Plans | Internal Revenue Service (irs.gov)
Can I take distributions in gold and silver out of my Precious Metals IRA?
With a Physical Precious Metals IRA, you gain financial benefits and strategic advantages through distributions, including required minimum distributions (RMDs). This differs from standard IRAs or retirement accounts, which are limited to paper investments like stocks and bonds and typically only allow for cash distributions. A Precious Metals IRA offers greater flexibility and control by allowing you to choose distributions in precious metals, cash, or a combination of both, based on your financial goals and objectives. These features have the potential to significantly enhance your prosperity and generational wealth.
Withdrawals made before age 59½ may be subject to penalties in addition to taxes, unless certain exceptions apply: Retirement topics - Exceptions to tax on early distributions | Internal Revenue Service
Why do my IRA Precious Metals need to be stored at a depository?
Like a standard IRA or retirement account, a Precious Metals IRA is a tax-advantaged investment vehicle. As such, you cannot maintain the tax-free status of your retirement funds if they are held in a personal bank account. In a Precious Metals IRA, your gold and silver - tangible forms of real money - must be stored in an IRA-approved depository. You have the option to choose a depository that is independent of government or bank control. This independence enables you to take distributions even during bank closures or when banks impose withdrawal limit restrictions on accounts. Moreover, these depositories have protection through 'all-risk' insurance, ensuring comprehensive coverage against losses, theft, natural disasters, and damage. In contrast, paper assets like stocks, equities, and bonds do not even have FDIC insurance coverage.
Where are the depository locations?
You can choose from several IRA-approved Depository locations such as Salt Lake City, UT · Waco, Texas · Las Vegas, NV · Wilmington, Delaware · Los Angeles, CA. Contact us to inquire about additional locations that may be available soon at (844) 977-4653.
What is HGG Lifetime Customer Care?
Harvard Gold Group (HGG) is dedicated to keeping our customers informed about the dynamics of the precious metals market and relevant global events. We don't just facilitate a purchase; we nurture a lifelong partnership, excited to support you and your heirs throughout the life of your investment. Our commitment extends to every generation in your family that continues to own precious metals with us, reflecting our promise of enduring service.
What are the details of the Harvard Gold Group BuyBack Program?
If you need to liquidate and go back to dollars, Harvard Gold Group (HGG) does not charge its customers commissions or liquidation fees. There are no minimums. You can be in cash as quickly as 48 hours if metals are in a depository or 3 days if your metals are in your possession.
Why doesn’t my financial advisor recommend buying physical gold and silver?
Brokerage firms and financial advisors generate money in multiple ways; they earn commissions and fees typically charged on the front and back end of transactions, as well as annual management fees on investment products like mutual funds, index funds, and other offerings. A significant portion of their income also comes from assets under management (AUM), where they charge a percentage of your total portfolio annually.
These firms almost exclusively sell paper assets rather than physical assets. Therefore, they understand paper gold and silver ETFs, as well as mining company stocks. All these paper assets are well known for volatility, and they might be steering you away from that risk. Alternatively, they may be reluctant to suggest hedging paper assets with physical precious metals, as it would lead to a decrease in money under management— and, by extension, their compensation.
Tax-Deferment benefit of a Gold IRA:
A distinctive benefit of a Gold IRA is its tax advantages, allowing for tax-deferred growth. This means the taxes on your earnings are postponed until you begin to withdraw from your account, facilitating more efficient asset accumulation over time.
For Roth IRA holders, the up-front costs can be significantly higher, but the perks during RMD years can be even greater. Withdrawals from a Roth IRA may be entirely tax-exempt, further enhancing the tax benefits and elevating your financial gains. If this interests you, talk to a CPA.
Consulting with a tax professional can help you explore tax strategies that meet your goals and objectives to effectively maximize the benefits of your Gold IRA.
Are there taxes for transferring my IRA/401(k) into a Precious Metals IRA?
You will enjoy a tax-free, penalty-free rollover of your retirement account funds. This is simply moving funds from one retirement account to another. You only incur taxes if you take possession of retirement account funds. Furthermore, with HGG, there is zero cost to move a 401(k) or most other types of retirement accounts to a precious metals IRA. Call us today!
What is the role of a Custodian?
A Self-Directed IRA requires a custodian. In short, this is a middleman between you and the IRS so that they can babysit the future taxes they may receive when you take distributions from a retirement account. The institution manages accounting requirements such as quarterly statements, distributions, RMDs, and IRS paperwork on your behalf. Harvard Gold Group works closely with the custodians to be able to initiate paperwork faster and more streamlined for clients for the lifetime of your account. This provides significant time savings for those who want to avoid long hold times or the hassle of navigating complex online forms.
How do I know how my precious metals portfolio is performing?
Precious metals custodians provide 24/7 online access to your account, allowing you to track the performance of your holdings at your convenience. You’ll also receive a quarterly statement.
What are the different types of Gold/Silver IRAs?
- GOLD/SILVER TRADITIONAL IRA
A Traditional Gold IRA is one of the most common types of retirement accounts. It’s a tax-advantaged personal savings plan that allows your contributions to grow tax-deferred until you withdraw the funds, typically during retirement. Contributions may be tax-deductible, depending on your income and participation in an employer-sponsored plan. As of 2025, the annual contribution limit is $7,000 (or $8,000 if you’re age 50 or older), or your total taxable compensation for the year— whichever is less. Check with your CPA.
- GOLD/SILVER ROTH IRA
A Roth Gold IRA is a tax-advantaged retirement account where contributions are made with after-tax dollars— meaning they are not tax-deductible. However, the key benefit is that both your earnings and qualified withdrawals are completely tax-free in retirement.
* Contributions for Roth IRAs are the same as above for Traditional IRAs.
- GOLD/SILVER SEP IRA
A SEP Gold IRA (Simplified Employee Pension) is a powerful, tax-deferred retirement plan designed for business owners, self-employed individuals, and small businesses— including those with just one person. It allows employers to contribute up to 25% of each employee’s compensation, with a higher contribution limit than Traditional or Roth IRAs.Unlike traditional retirement plans, a SEP IRA offers low start-up and administrative costs and is easy to set up. All that’s required is a simple form—which Harvard Gold Group can help you complete— making it a flexible and cost-effective retirement solution for business owners and their teams.
- GOLD/SILVER SIMPLE IRA
A SIMPLE Gold IRA (Savings Incentive Match Plan for Employees) is a tax-deferred retirement savings plan designed for small businesses with 100 or fewer employees. It allows both employees and employers to contribute to individual retirement accounts set up for each employee.This plan is especially well-suited for small businesses that do not currently offer a retirement plan, providing an easy and cost-effective way to support employee retirement savings. With simpler administration and lower costs than traditional 401(k) plans, a SIMPLE IRA is a practical solution for growing businesses.
- GOLD/SILVER INHERITED IRA
Inherited IRAs are transferrable to a Precious Metals Self-Directed IRA:- If you inherit an individual retirement account (IRA) from your spouse, the funds can be moved directly into an existing traditional IRA you already have or we can assist with setting up a traditional IRA for you, which the funds will then be transferred to. This is an easy process but requires a death certificate and then a couple of other items we can assist you with.
- However, if you inherit an IRA from someone other than your spouse, the options are different. You cannot roll it over into an existing IRA, but you may transfer it into a new IRA that we can establish for you, provided you meet specific requirements. In either scenario, failure to adhere to the rules can lead to the IRA being treated as a taxable distribution.
Complete Guide to Inherited Retirement Accounts
Our team of IRA specialists can navigate you through important rules and timelines that must be met when inheriting an IRA: (844) 977-4653
Source: Types of retirement plans | Internal Revenue Service
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