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Open a Precious Metals IRA

Setting Up A Gold IRA

A Gold IRA can help you diversify your retirement savings with physical gold and silver. Bishop Gold Group helps you open your account with a third-party custodian of your choice, and we help at every step.

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What You’re Setting Up

A Gold IRA is a self-directed IRA. It works like the retirement account you already know, with the same contribution limits and tax treatment, but it can hold IRS-approved physical precious metals.

3parties involved: you, an approved custodian, and a secure depository
28 daysor less for us to deliver your metals to the depository once you order
$1Bin depository coverage (maximum) against property and casualty losses

Want the background first? Our Why Gold guides explain the benefits of investing in gold.

Setting Up Your Gold IRA in 4 Steps

  1. Open and fund your self-directed IRA.
    We give you a list of approved self-directed custodians that allow precious metals in their accounts. We work only with custodians holding an “A” rating from the Better Business Bureau. Your current provider sends the funds straight to the new custodian.
  2. Choose your metals.
    Once your funds arrive, we give you whatever you need to decide: current pricing, inventory, and delivery times. When you place your order, we ship the metals to your depository account within 28 days.
  3. Your metals are stored in your name.
    Your metals are held at an approved depository. We work with two of the largest and most secure in the country, Brink’s Global Services and Delaware Depository, with coverage of up to $1 billion against property and casualty losses.
  4. We stay with you.
    Our relationship doesn’t end at setup. Your specialist is there to answer questions, provide market updates, and help as your needs change.
Good to know: as with any retirement account, set-up and annual custodian and storage fees apply. We walk you through every fee before you commit.

Ways to Fund Your Gold IRA

  • Transfer or rollover from an existing IRA, 401(k), 403(b), 457(b) or TSP. See Gold IRA Rollover and 401(k) Gold Rollover.
  • Annual contributions up to the IRS limit for Traditional or Roth IRAs.
  • A mix of both. Many clients move part of an existing account and keep the rest where it is.
You decide how much. Most people put a portion of their savings in precious metals, not all of it. Your specialist will help you think through what makes sense for you.

Why Set Up Your Gold IRA With Us?

1Precious metals know-howOur team has decades of combined experience in the gold and silver markets, whatever your situation.
2A plan built around youNo two savers are alike. We tailor your metals mix to your goals, timeline and comfort level.
3Plain-English communicationYou’ll understand every step, every fee and every product before you decide.
4Client-first serviceYou get a dedicated specialist who is there after the paperwork is done.

Get started today. Call (833) 589-8100 or fill out the form below.

Free 2026 Gold IRA Guide

Protect Your Savings From a Shrinking Dollar

Our free guide shows how to move part of your retirement savings into physical gold and silver, and how to roll over a 401(k) or IRA without triggering taxes or penalties.

  • Why gold has held value when paper assets did not
  • How to roll over tax-free and penalty-free
  • Which coins and bars are IRA-eligible
  • The questions to ask any gold company





    Frequently Asked Questions

    How long does it take to set up a Gold IRA?

    Opening the account is usually quick. The biggest variable is how fast your current provider releases funds if you’re transferring. Once funds arrive and you order, we deliver your metals to the depository within 28 days.

    Do I choose the custodian?

    Yes. We give you a list of approved self-directed custodians, all rated “A” by the Better Business Bureau, and you choose.

    Can I hold silver, platinum or palladium too?

    Yes. IRS-approved silver, platinum and palladium can be held alongside gold. See Other Precious Metal Investment Options.

    Are there fees?

    Yes. Like any retirement account, there are set-up and annual custodian and storage fees. We walk you through all of them up front.

    Bishop Gold Group is a precious metals dealer. We are not a tax advisor, attorney, or investment advisor, and nothing on this page is tax, legal, or investment advice. Precious metals prices rise and fall, past performance does not guarantee future results, and any investment involves risk, including loss of principal. Historical figures are provided for education and come from the public sources noted. Talk with your tax professional before making retirement account decisions. Figures cited are current as of September 2026.