When it comes to investing in your future, a precious metals self-directed IRA can diversify your retirement portfolio. With a precious metals IRA, you have the opportunity to invest in gold, silver, platinum, other precious metals, and foreign currency as a way of securing your retirement. As one of the leading self-directed IRA gold companies, we can help you purchase the gold for your IRA or other precious metals in your IRA that best meet your investment interests. When paired with other investment options, precious metals are an options to diversify your retirement portfolio.

No, as the IRA holder, you get to choose the dealer and the type of product you want. Mountain West IRA does not sell or promote any products or vendors.

Unlike most self-directed IRA administrators, Mountain West IRA allows you as the IRA holder to choose any precious metals storage facility. The choice is up to you. Please do your due diligence on the depository you choose.

Gold bars: They must have a purity of 24 karat (0.995+ fineness). These bars come in 1 oz., 10 oz., 1 kilo (32.15 oz.), 100 oz., and 400 oz. sizes.

Gold coins: They must have a purity of 24 karat (0.9999 fineness), with the exception of the 22 karat U.S. Gold Eagle.

Silver coins & bars: They must have a 0.999+ fineness, like the 1 oz. U.S. Silver Eagle. You can purchase 100 oz. silver bars and also 1000 oz. silver bars. Pre-1965 bags of US silver coins (dimes, quarters, half dollars, and silver dollars) are not allowed in an IRA because their alloy contains only 90% silver.

Platinum/palladium bars & coins: They must have a 0.9995+ fineness, however, private companies who manufacture platinum and palladium bars ranging in size from 1 oz. to 100 oz. with well-established hallmarks, are acceptable as well. Both the U.S. and Canadian mints make 1 oz. platinum coins meeting these standards. Other countries, such as Great Britain and Australia, have 1 oz. platinum coins, which are not as well-known but are also acceptable.

Currency: Iraqi Dinar, Vietnamese Dong, Zimbabwe Dollar. All currencies must be purchased from a dealer.

Precious metals can be held in your IRA in the form of physical (allocated or unallocated) gold and silver bullion, coins from specified countries, and certificates.

Allocated or segregated storage only applies to gold bars 10 oz. or greater and it ensures that the bars are kept separate from the other metals in the depository’s vault. Bars are identified by size, refinery, and serial number (for example: 100 oz. PAMP Swiss gold bar SN#35427681). When the metal is distributed from the depository, it will be the exact same bar that was originally deposited.

With unallocated or unsegregated storage, the metals are commingled in a depository metal account. Bars are identified by size/weight and refinery (for example, a 100 oz. JM silver bar).

When the metal is distributed from the depository, it will be the same size bar, from the same refiner as the bar that was originally deposited. Coins are identified by type and year minted (for example, a 1992 American Silver Eagle). When the coin is distributed from the depository, it will be the same year coin as the coin that was originally deposited.

No, this is considered a prohibited transaction because you are a disqualified person.

1. Complete and return a Purchase Kit – Watch Instructional Video HERE.
2. Provide us with a purchase contract/agreement from your precious metals dealer that clearly specifies your IRA as the buyer. – Watch Video HERE.
   • Vesting must read: Mountain West IRA, Inc. FBO (Your Name) IRA.
   • Any buyer address information must be our office address:  10096 W. Fairview Ave., Ste. 160 Boise, ID 83704.
   • You must sign this document as “Read and Approved by: (Your Name)”
3. If sending funds via wire to the dealer, please fill out the Outgoing Wire Instructions Form, if the dealer cannot email instructions.– Watch Video HERE.
4. Provide MWIRA with the appropriate documentation necessary to establish a storage account with a third party depository vault facility of your choosing. – Watch Video HERE.
   • Your IRA must be listed as the account holder.  All aforementioned vesting and address information applies.
   • If the selected depository requires an owner signature, please sign the custody agreement as Read and Approved. An agent for Mountain West IRA will sign on behalf of the IRA.
5. We must receive all complete and correct documentation at least 2 business days prior to the day you wish funds to be sent.

You are required to keep one (1) year of depository fees in your IRA upon purchase of an asset.

If you are funding your Mountain West IRA fees from your account keep in mind we will require $500.00 in your account at all times. You can choose to have a credit card on file with MWIRA for our administration fees as they arise or pay for the transaction fees and a year of recordkeeping fees in advance, in this case you are not required to have $500 in your IRA.  If you pay your fees by check, you will need to pay for the transaction fees and a year of recordkeeping fees in advance.

Precious Metals Only

CNT Depository
CNT Depository Election Form

Money Metals Exchange
Money Metals Exchange Election Form
Money Metals Depository Storage Agreement

Precious Metals and Foreign Currency

Idaho Armored Vaults/Gold Silver Vault
Idaho Armored Vaults Individual Safekeeping Account Agreement

First State Depository
First State Depository Account Establishment Form
First State Depository Holdings Election Form

Electronic Signature: Outgoing Wire Instructions – Compliance

PDF:  Outgoing Wire Instructions – Compliance

*Please complete the Outgoing Wire Instructions Form when sending outgoing funds related to the purchase of Precious Metal assets.

Review step-by-step directions to complete a Precious Metals Purchase Kit here.

Electronic Signature: Precious Metals Purchase Kit

PDF: Precious Metals Purchase Kit

Electronic Signature: Outgoing Wire Instructions – Maintenance

PDF: Outgoing Wire Instructions – Maintenance

*Please complete the Outgoing Wire Instructions Form when sending outgoing funds to pay an expense related to an asset your IRA owns. 

Incoming Check & Wire Instructions

Electronic Signature: Precious Metals – Fee Schedule

PDF: Precious Metals – Fee Schedule

Review step-by-step directions to complete a Precious Metals – Direction of Investment here.

Electronic Signature: Precious Metals – Direction of Investment

PDF: Precious Metals – Direction of Investment

PDF:  Acceptable Precious Metals

Review step-by-step directions to complete a Depository Payment Authorization Letter here

Electronic Signature: Depository Payment Authorization Letter

PDF:  Depository Payment Authorization Letter