A precious metals IRA protects the purchasing power of your retirement funds with highly-liquid investment-grade gold, silver and platinum bullion. Silver Bullion has helped many clients with their precious metals IRA setup.
Please contact us for a walk-through of solutions for your precious metals IRA needs.
Mondays to Fridays: 7am-2am (19 hours)
Setting up a precious metals IRA is easy with an experienced partner like us. Your precious metals retirement account can be set up in 3 simple steps:
IRA Club is our preferred IRA custodian. IRA Club has more than 16 years of experience in managing their clients' IRA funds for investments in precious metals and is one of the biggest and most trusted players in the self-directed IRA Industry.
There are many benefits to investing your IRA funds invested in a precious metals self-directed IRA with Silver Bullion.
You can buy all precious metal products (gold coins, gold bars, silver coins, silver bars, platinum coins, platinum bars) provided they have the following minimum purities – gold (99.5%), silver (99.9%), and platinum (99.95%).
Silver Bullion provides segregated ownership of uniquely identified precious physical metals which are audited , fully insured, and guaranteed to be genuine, stored in our fully owned vault The Safe House. Most importantly, our exclusive local Singapore jurisdiction and full vertical integration isolate us from Western nationalizations, escheatings or confiscations.
Your precious metals will be stored in our vault (The Safe House), within our building, The Reserve. Located within 8 mins from the Singapore Changi International Airport, our clients can easily visit The Reserve with an advance appointment with us.
We are currently storing close to SGD $800 million worth of precious metals for our clients worldwide. Our vaulted precious metals are fully insured for up to SGD 800 million for any one loss. You can view the latest certificate of insurance here.
Below are more frequently asked questions pertaining to self-directed precious metals IRAs:
There are 2 types of self-directed IRAs:
Yes. Your self-directed IRA custodian can help you arrange to rollover or transfer your existing IRA into a precious metals IRA to buy physical gold and silver.
Yes. Your bullion is covered for all physical loss or damage risks, including terrorism and sabotage, mysterious disappearance (unknown causes), and infidelity of employees (inside jobs).
Mysterious disappearance covers precious metals losses that cannot be explained or substantiated by police, thereby requiring the insurance to be extraordinarily confident in a vaulting company's operations.
Learn more about our comprehensive class of insurance:
Bullion stored in our vault can be audited in several ways.
You can request an in-person audit of your precious metals at our vault or a virtual audit online. For the latter, video conferencing software will be used with our vault staff taking you through our precious metals vault.
Alternatively, you can check the ownership of your bullion using our parcel ownership list – a master record for all parcels that is made available to all customers in their S.T.A.R. Storage account.
Silver Bullion engages third-party bullion auditors for quarterly audits of physical precious metals stored in our vault.
Custom audits can be conducted either by a customer or by nominating a trusted representative and would involve a visit to the vault in Singapore and retrieval of precious metals parcels to be audited. A minimum audit charge will be due.
Learn more about auditing your bullion here:
Please consult with your IRA custodian as he will be in the best position to advice you.
You can sell your precious metals at any time from your Silver Bullion S.T.A.R. Storage account.
If you consider taking physical delivery of your precious metals, this is considered a distribution and there may be tax implications involved. We recommend speaking with a tax professional first.
We charge storage fees based on a fixed SGD rate per troy ounce per year, with insurance and audit included. This means that the storage fees do not change even if spot prices move up.
Gold: SGD 9.855(approx USD7.25) per oz per year
Silver: SGD 0.2774(approx USD0.20) per oz per year
A: The minimum purchase will be 1 parcel of physical precious metals and depending on the bullion that you are buying, the parcel size and quantity will differ. Please refer to the number above the ‘Store in our vault’ button to determine the minimum purchase amount.
For Gold, the smallest parcel is 1 X 50g gold bar
For Silver, the smallest parcel is 10 X 10oz silver bars
Yes, you have the flexibility to decide on the precious metal mix of your self directed IRA. If you prefer coins, you can also hold only silver and gold coins.