A silver IRA is an individual retirement account where you can store silver coins or bullion for your retirement. A silver IRA can be setup by a gold IRA company. You will need to purchase silver coins or bullion for your IRA and then have them transferred to an IRS-approved depository. A gold IRA company can easily setup the IRA, help you purchase the silver and then transfer the assets over to the depository.
Anyone who earns income or is a spouse of someone that earns income is eligible to open a silver IRA. You are not limited to only holding silver within your IRA. You can hold other metals within an IRA. Most investors prefer to hold gold or silver within their accounts, but you can also hold platinum or palladium.
GoldCo is an A+ BBB rated company in California that offers IRA approved precious metals. They are professionals that can help you roll over your IRA into gold or silver, find the best custodian for your precious metals, and then ship your metals directly to a depository. GoldCo has 16+ years of experience helping customers setup a gold IRA.
Birch Gold Group is an A+ BBB rated company in California that offers a wide range of IRA-approved metals. They offer various storage locations from Equity Trust, Goldstar Trust and STRATA Trust. They have 15+ years in the business and over 7,000 satisfied customers. They are a trustworthy gold IRA company that offers 1-on-1 care.
A silver IRA can only be setup by a precious metals broker or an IRA company. Most conventional brokers do not handle investments in precious metals. You will need to work with a gold IRA company to setup your individual retirement account. These are the most reputable gold IRA companies to work with. They have an excellent record in the industry with many positive reviews. We highly recommend that you work with one of them. They will guide you through the entire process of setting up a precious metals IRA.