DO look closely at the reputation, longevity, and Better Business Bureau (BBB) complaint record of your prospective gold vendor.
DO NOT choose a firm with a spotty BBB complaint record, and be cautious of one that is not a member of the BBB.
DO make sure that the trustee you choose is service-oriented and capable of efficiently processing your gold rollover, as well as future account maintenance.
DO NOT purchase paper gold, like stocks, exchange traded funds, or certificates if your primary goals are long-term asset preservation and outright ownership of the metal.
DO buy gold and silver coins in one-ounce increments.
DO NOT not purchase fractional gold coins without considering the added premium.
DO consider gold and silver bullion bars as a short-term cost-saving mechanism. However, if you think you will take an in-kind distribution of your gold at some point, stick with the one ounce bullion coins.
DO NOTpurchase proof American Eagles or Buffalos, or other contemporary proof bullion coins at high premiums over their gold content. Do not purchase independently graded MS69 or MS70 American Eagles or Buffalos, or other contemporary bullion coins that sell for inflated prices.
DO buy silver as a component of your holdings.
DO NOTpurchase platinum or palladium as a store of value. These are primarily commodity plays and not monetary metals.
DO look to the long-term. If you intend to take delivery of your metal upon retirement, consider owning it in a form of coins that are easy to ship and store.
DO NOT buy bullion bars if you are going to take delivery upon retirement. They often require assaying or other form of verification before you can sell them.
DO stick with the tried and true approach to self-directed retirement plans – an account at a custodial bank, brokerage or trust company.
DO NOT be swayed by the allure of questionable and complicated checkbook LLC-IRAS or other exotic approaches that could sabotage the tax-deferred status of your retirement nest egg.