» Topic: Is it possible to move gold inside an IRA to offshore storage?Bonner & Partners

Monday, 22 January 2018

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Is it possible to move gold inside an IRA to offshore storage?

Welcome! Forums Gold and Commodities Investing Is it possible to move gold inside an IRA to offshore storage?

This topic contains 1 reply, has 2 voices, and was last updated by  Bonner & Partners 4 years, 8 months ago.

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  • #17652

    BARRY N.
    Participant

    I currently own a fair amount of Gold Eagles inside my IRA’s. Without removing them from the IRA is there any way possible to store them outside of the US?(And without selling them and using the cash to purchase more.)

    #18065

    Emma Walsh
    Keymaster

    Reply from fellow Bonner & Partners member:

    You may need to set up an offshore IRA first (assuming your current administrator will not allow offshore storage facility), then transfer the gold to the new IRA…Tax Free….and simply ship the coins to the new storage facility. It is much more difficult if you intend to store them in your own private safe without incurring a taxable event…

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