For several years only gold and silver U.S. American Eagle coins were allowed as IRA investments. The Taxpayer Relief Act of 1997 significantly broadened the allowable exceptions to include Canadian Maple Leafs, Austrian Philharmonics and various other gold, silver, platinum and palladium bullion which meet certain standards. Oxbridge House, Inc. provides our clients the ability to invest in Precious Metals through Goldstar Trust Company. Please read the Precious Metals Investment Guide – Roth or the Precious Metals Investment Guide – Traditional for more information. The process can be completed in 3 easy steps:
- Transfer your current IRA or create a new one with Goldstar Trust, Co. You can do this by filling out the Precious Metals Investor Direction Form.
- Fill out the Advanced Delivery Letter and the Advanced Payment Letter to give Oxbridge House the right to transact on your behalf so that the process can be completed as quickly and smoothly as possible.
- As soon so your funds are available, an Account Executive will contact you to schedule an appointment to begin the transaction. Once we lock in the prices for the specific bullion items that will be placed in your IRA, Oxbridge House will finish the transaction with Goldstar Trust, Co. And you will get a confirmation of your completed transaction.
If you have any questions, or need some more information, feel free to give us a call at 877.505.2646