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Invest in Precious Metals Through your IRA

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Finding the best way to grow your wealth and prepare for the future can be daunting. Sprott Money is here to help you find the best way to take charge of your wealth through your IRA, reaping the benefits of your investments during retirement. Investing in precious metals through a retirement savings account such as an IRA, is a safe and common way to protect wealth while diversifying your investment portfolio. 

As one of the oldest methods of safeguarding wealth, investing in gold and silver protects your investments against market volatility, provides tax benefits, and ensures long-term financial stability. Our professionals at Sprott Money can guide you through investing in precious metals with your IRA. Visit our Frequently Asked Questions page today for general inquiries on how to get started. 


What is an IRA? 

An IRA is a savings account set up by your financial institution, which allows you to save funds for your retirement with tax-free growth or on a tax-deferred basis. A self-directed IRA gives you complete control over your investment decisions while keeping the tax benefits this account provides. IRAs help you diversify your retirement savings by choosing various asset classes to put your money into, including precious metals.  


How to Get Started with Precious Metal Investments Within an IRA? 

  1. Choose a Self-Directed IRA Custodian. A custodian holds your self-directed IRA. Custodians can be banks, trust companies, or entities approved by the Internal Revenue Service (IRS). Self-directed IRA custodians allow investors to invest in alternative assets, including precious metals.
  2. Find a Precious Metals Seller. Choose a precious metals company to buy your bullion from. You will need to direct the IRA custodian to send money to the dealer to purchase gold, silver, platinum, or palladium.
  3. Pick a Product to Purchase. Consult with a representative from your chosen precious metals company to discuss the right product for you.
  4. Select a Depository. Precious metals invested in a self-directed IRA must be stored by an IRC (Internal Revenue Code) approved facility. You may choose this facility on your own, or your metals seller can guide you in selecting one that works for you. 
  5. Complete the Purchase. Once you have selected both a custodian and a seller, chosen the product(s) you wish to purchase, and found a depository to store your metals, you are ready to complete your purchase. After the purchase, the IRA custodian will facilitate the payments, and the precious metal seller will ship your metals to your chosen storage facility. 


IRA at Sprott Money 

Sprott Money has been in the business of precious metals for over 15 years, with a team of qualified professionals who can provide you with a guidance you deserve to safeguard your wealth. We can remove the worry out of investing by walking you through the whole process, allowing you to have full control of your investments.   

Sprott Money IRA

  • Contact us today and allow our qualified representatives guide you and answer all your questions. 
  • Open your self-directed precious metals IRA account with our trusted custodian, a registered investment dealer we have partnered with. These relationships make it easy to add bullion products to your registered investment accounts. After opening your account with our custodian, you can fund it with cash or transfer an existing registered account from another financial institution. 
  • We will provide you with the Sprott Money Ltd authorization form. This establishes the link between your New Directions account and the bullion products you purchase from us.
  • Place your order with us and reap the benefits of this investment method. 

Self-directed precious metals IRAs allow you to choose IRA-approved bullion, diversifying your portfolio with assets like gold, silver, platinum, or palladium. Establishing an IRA involves selecting a custodian, a precious metals seller, products for purchase, and an approved depository for storing metals.  

Sprott Money facilitates opening a self-directed precious metals IRA account. With personalized guidance, you can fund your accounts, purchase bullion, and establish the necessary linkages between your account and purchased metal, all with the help of our experienced professionals.  

Explore the potential of including precious metals in your IRA for retirement planning. Contact Sprott Money at 1-888-861-0775 to seek guidance, ask questions, and learn how you can drive your wealth. 



About Sprott Money

Specializing in the sale of bullion, bullion storage and precious metals registered investments, there’s a reason Sprott Money is called “The Most Trusted Name in Precious Metals”.

Since 2008, our customers have trusted us to provide guidance, education, and superior customer service as we help build their holdings in precious metals—no matter the size of the portfolio. Chairman, Eric Sprott, and President, Larisa Sprott, are proud to head up one of the most well-known and reputable precious metal firms in North America. Learn more about Sprott Money.

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