Mr. Smith recently retired from a major airline where he was a pilot for 35 years. To protect his savings and diversify his portfolio, Mr. Smith began looking into holding physical precious metals within his IRA. Holding individual American Gold Eagle coins is appealing to Mr. Smith because he plans to take the coins in-kind as a distribution from his IRA.
Mr. Smith’s first step was establishing an Entrust Traditional IRA to which he rolled over the funds from his previous employer plan. After the funds were rolled over, Mr. Smith began shopping for his coins and comparing prices among several precious metal dealers.