How Long Does It Take to Set Up a Precious Metals–Backed IRA? U.S. Money Reserve Reviews What’s Involved

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Incorporating precious metals into your retirement portfolio might be easier than you think.

The first step, which involves filling out paperwork to create the new individual retirement account (IRA), typically takes about 24 hours.

Once your self-directed IRA is set up, you can fund it by adding money from a checking or savings account or by moving funds into the new account from a preexisting retirement savings account, such as another IRA; a 401(k), SEP, or SIMPLE IRA; or a Thrift Savings Plan account.

While the amount of time involved varies, funds can take an average of five business days to be moved into the new account.

You will then be ready to select precious metals to hold in the account, which can help you diversify your portfolio by adding assets — like physical gold and silver — that Americans have been using as hedges against inflation, market volatility, and the U.S dollar’s decline for generations.

In one of the U.S. Money Reserve reviews customers have shared on Google, Mick E. from Bountiful, Utah, says the representatives he spoke with from the company offered guidance when he wanted to exit a preexisting IRA.

“Within one day, I had my IRA transferred and backed by GOLD,” Mick says. “What a relief. Since that day, they have followed up to make sure I knew all the facts [and see] if I had any questions. They got the job done.”

After reviewing educational information U.S. Money Reserve provided and discussing his objectives, portfolio holder Al B. placed an order for gold he planned to store personally outside of an IRA. Al says he received the gold about a week later.

“The representative was extremely knowledgeable and helpful, not pushy and wasting time trying to sell me something I did not want,” Al says in one of the U.S. Money Reserve reviews on the Better Business Bureau website. “[I] will use them again.”

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