Where is my Gold IRA stored?

Your Gold IRA is stored in an IRS-approved, highly secure third-party depository, such as Delaware Depository, Brink's, or IDS. These facilities are regulated and insured, ensuring your precious metals are kept separate from your personal possession and compliant with federal tax laws.

What is segregated storage for a Gold IRA?

Segregated storage means your specific precious metal coins or bars are individually identified and kept physically separate from the holdings of other investors within the depository. This ensures that the exact metals you deposited are the ones you will receive upon distribution.

Can I take my Gold IRA home?

No, you cannot take your Gold IRA home. The IRS strictly prohibits personal possession of IRA-owned precious metals, as it constitutes a prohibited transaction or early distribution. Doing so will result in immediate taxation of the metals' value and potentially a 10% early withdrawal penalty if you are under 59½.

Is my Gold IRA insured?

Yes, your Gold IRA assets stored at an IRS-approved depository are insured by private insurance carriers, typically for hundreds of millions to over a billion dollars. This coverage protects against theft, damage, and other losses, though it is not FDIC insurance.

How do I know my gold is actually in the depository?

You can verify your gold's presence through regular account statements from your IRA custodian and detailed inventory reports from the depository. Many depositories also allow scheduled visits to view your holdings, and they undergo independent third-party audits to confirm inventory.

What is the difference between commingled and segregated storage?

Commingled storage means your metals are mixed with others, and you own a proportionate share of the total. Segregated storage means your specific metals are individually identified and kept separate. Segregated storage offers more direct identification but typically costs more.

What happens if my Gold IRA depository goes out of business?

If your Gold IRA depository goes bankrupt, your precious metals are legally protected because they are your property, not the depository's assets. Your IRA custodian would arrange for the safe transfer of your metals to another IRS-approved depository, ensuring your retirement savings remain secure.

Gold IRA Depositories: Secure Storage & IRS Rules | One…