Common Questions

Clarity Builds Confidence

At Verity Metals, education always comes before investment. Below, you’ll find straightforward answers to the questions investors ask most often from IRA rollovers to storage, fees, and tax rules.

Transparent answers. No sales pressure.

Getting Started

What is a Gold IRA or Precious Metals IRA?

A Gold IRA (or Precious Metals IRA) is a self-directed individual retirement account that allows you to own physical gold, silver, platinum, or palladium instead of paper assets like stocks and bonds. It offers the same tax benefits as traditional IRAs — but with tangible assets that hold real value.

Can I roll over my existing 401(k) or IRA into a Gold IRA?

Yes. The process is typically penalty-free when done through a direct rollover. Your funds move from your current custodian to an IRS-approved custodian who manages your gold and silver holdings. Verity Metals guides you through every step to make the transfer smooth and compliant.

How long does the rollover process take?

Most rollovers are completed within 2–3 weeks, depending on how quickly your current retirement account provider releases the funds.

Products & Eligibility

What types of metals are eligible for an IRA?

IRS regulations require specific purities for metals to be eligible:

  • Gold: Minimum purity of .995
  • Silver: Minimum purity of .999
  • Platinum & Palladium: Minimum purity of .9995

All metals must come from approved mints or refineries such as the U.S. Mint or Royal Canadian Mint.

Can I choose between gold and silver in my IRA?

Yes. Many investors hold both — gold for stability and silver for growth potential. Our specialists help you find the right balance for your goals.

Storage & Security

Where are my metals stored?

All IRA metals are held in IRS-approved, fully insured depositories. These facilities are highly secure, audited regularly, and provide independent account verification. Your metals are stored under your name and IRA account number, not pooled with others.

Can I store my IRA metals at home?

No. IRS rules prohibit home storage of IRA assets. Metals must remain in an approved depository to maintain tax advantages and avoid severe penalties.

Is my investment insured?

Yes. All metals are fully insured for their current market value while in storage and during transit.

Fees & Transparency

What are Verity Metals’ fees?

We pride ourselves on industry-low, transparent fees. Your costs include: 

  • One-time setup or transfer fee (through the custodian)
  • Annual storage & administration fee (flat rate, not percentage-based)
  • Metal purchase price (based on live market rate + small dealer premium)

There are no hidden charges, commissions, or markups.

Do prices fluctuate daily?

Yes. Precious metals prices move with the global market. However, once you lock in your purchase, your rate is secured at that moment — no surprises.

Can I sell my metals back to Verity?

Absolutely. We offer a transparent buyback program based on real-time market rates. Selling back through Verity is fast, simple, and handled with the same integrity as your original purchase.

Taxes & Withdrawals

Are Gold IRAs taxed differently from Traditional IRAs?

No. The same tax rules apply. Traditional IRAs are tax-deferred until withdrawal. Roth IRAs grow tax-free after taxes are paid on contributions. The difference lies in what your IRA holds — physical metals, not paper assets.

What happens when I retire?

When you begin taking distributions, you can liquidate your metals for cash or take physical possession of your gold and silver. Both options are allowed under IRS rules.

Are there penalties for early withdrawal?

Yes. Withdrawals before age 59½ typically incur a 10% penalty, just like traditional IRAs.

Partnering with Verity Metals

Why should I trust Verity Metals?

Because we lead with education, not sales. We built Verity Metals to do what others wouldn’t — tell the truth.

Our approach includes transparent pricing, ethical client-first service, government-issued IRA-approved metals, secure insured storage, and lifetime support.

How do I start my investment?

1. Schedule your free consultation.
2. Choose your metals and custodian.
3. Complete your rollover or purchase.
4. Receive verification and peace of mind.

Can I talk to a real person?

Yes, always. Call us directly at (480) 717-9081, or schedule a consultation with one of our specialists.

Still Have Questions?

Every question deserves an honest answer and that’s what we’re here for. Whether you’re curious about conversions, storage, or next steps, our team is ready to help.