A Gold IRA can feel confusing because there is not just one company involved.
There are usually three different players: the custodian, the dealer, and the depository.
The Custodian
The custodian administers the self-directed IRA. It handles account paperwork, reporting, transactions, and compliance processes.
The custodian is not always the company selling you the metal.
The Dealer
The dealer sells the gold, silver, or other approved metal to the IRA. This is where product selection and premium over spot matter.
Dealers make money on spreads. That is normal. Hiding the spread is the problem.
The Depository
The depository stores the metals. It may offer segregated or commingled storage. It should have security, insurance, and audit procedures.
The Practical Takeaway
When someone says “we handle everything,” ask who exactly does each part.
Knowing the three roles helps you understand the fees, risks, and responsibilities before moving retirement funds.
Wishing you a secure and prosperous retirement,
-
John E.
Wealth Money Catalyst
NO FINANCIAL ADVICE
Wealth Money Catalyst is a research and publishing entity and does not provide legal, tax, or investment advice. Consult with a qualified financial professional before making investment decisions.