What You Need to Know About Investing in Gold Through a Roth IRA

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These days you cannot go very long without hearing about the importance of preparing for your retirement. Whether you are a 20-something just starting out in your particular career field or a 50-something quickly approaching retirement, you need to think about your preparation. Many people choose to save for their retirement through an IRA or a 401(k). However, with the economy being a question mark, some smart savers want to find other ways to prepare for the future.

Diversification is an important part of saving for retirement, and really for any kind of investment. These smart savers look to precious metals such as silver and gold as one path for diversifying their investments. In order to better understand how you can invest in a gold Roth IRA, you have to know what exactly a Roth IRA is, why you want to invest in gold, how you can transfer your savings, what type of gold you can invest in and other investment tips.

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What is a Roth IRA?

A Roth IRA is a retirement account that allows an individual person to set aside already-taxed income. Normally there is a maximum amount a person can invest in this type of account each year, but it can vary from institution to institution and state to state. The advantageous thing about paying taxes as you put money into the account is you will not have to pay taxes when you pull the money out during your retirement.

Most people realize there is not one retirement investment vehicle right for everyone. This particular mode of investment is a great option for those who expect to be in a higher tax bracket when they retire. A gold Roth IRA, or any Roth IRA, is the perfect saving vehicle for someone who is currently a low-income worker. Whatever funds are put in the investment account are able to compound and be pulled out in a tax-free way.

Another benefit of this type of vehicle is anyone can put money into it. There are some investment tools with age restrictions, but a gold Roth IRA account does not have these types of limitations. A 14-year-old grocery store bagger can just as easily put money into a Roth IRA as a 44-year-old investment banker. It is a viable choice no matter your age.

Why Invest in Gold?

When it comes to investments, you want your money to be safe. The problem with anything paper-based, such as stocks, mutual funds and bonds, is inflation will affect them. This means your investments may not be as safe as you wish they were when you invest in anything based on paper. Because of this uncertainty, the experts at Regal Assets suggest you diversify your investments even more by including gold, silver and other precious metals through a silver or gold Roth IRA.

Investing in gold is a safe way to diversify your money. Your gold investments will not suffer from the same repercussions from inflation and stock market volatility as your other, paper-based assets might. You should consider investing in a gold backed Roth IRA because it can add safety and growth potential to your retirement savings.

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How Can You Transfer Your Roth IRA?

Not all institutions will let you invest in precious metals. If you get to the point where you want to diversify to a gold Roth IRA, you may have to transfer your funds to a different institution. Thankfully, a Roth IRA can be rolled over to a different financial institution once every 365 days without any tax penalties.

Most commonly, a Roth IRA is transferred in an IRA-to-IRA method. This requires the establishment of a new account with an IRS approved custodian. This IRA custodian will then, with your written consent, request your existing IRA assets be transferred. Once the transfer is set in motion, your new custodian will be able to invest your assets in gold, silver, mutual funds or however you want within the limitations of the IRS and institution rules.

What Gold Can You Invest In?

One thing you may not realize about the gold Roth IRA is there is more than one type of gold available for investment. You can invest in gold through:

  • Physical gold
  • Individual stocks in gold mining companies
  • Mutual funds with mining company stocks
  • Gold Exchange Traded Fund shares
  • Mining ETFs

The paper gold investments can still hold risks, like other paper-based investments. However, not all IRAs are able to put funds into the actual precious metal. You have to work with an IRA custodian who can work with precious metals. Make sure to work with an expert at Regal Assets to figure out exactly what you can invest your money in for your retirement savings.

Other Investment Tips

When it comes to your gold Roth IRA, you actually do have a lot of choices. Sure, not all IRA custodians can work with gold, silver, platinum or other precious metals, but there are quite a few companies that can. Before you have your IRA transferred to one of these companies, make sure to do some research to ensure you are picking a reputable custodian for your investments. Not only should your custodian be reputable, but you also want someone who has experience in precious metal investments. You will likely want some advice about your investments.

You should also consider what sort of diversification you are looking for in your investments. Most IRAs are multifunctional, which means you will be able to invest in precious metals and paper-based stocks. Whatever you want to do, it is important you take the time to think about your plans. If you do some research and talk with a custodian before you make an investment, you will likely see better returns from your gold Roth IRA.


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One of the most important elements of your gold Roth IRA is the custodian who will take care of your investments. You need to work with someone who knows the law, so your investments will be lawful and fruitful. To do this, you have to do research. You should call multiple custodians to ensure you find the one who is right for you. Call the experts at Regal Assets to learn more about your gold backed Roth IRA options.

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