Precious Metals
Can I invest in precious metals with the funds in my retirement account?
Yes, you can invest in precious metals utilizing Retirement Account funds. However, there are some restrictions on such investments. Please see your tax, financial and/or legal advisor to insure you are aware of and following the rules for these investments.
How do these investments work?
Generally speaking, you’ll find a vendor of precious metals, determine the quantity and type of metal you wish to purchase and direct your Retirement Account custodian to send the vendor the funds necessary to complete the purchase. The vendor will then deliver the metal to the custodian or the custodian’s storage facility.
The Kingdom Trust Company will store your precious metals at the Delaware Depository in Wilmington, Delaware. The Depository offers an insured, secure storage environment and provides easy access for the physical delivery of the metals.