Where/How Are My STRATA IRA-Owned Precious Metals Stored?

Per IRS guidelines, IRA-owned assets must remain in the custody of the IRA custodian (STRATA) until distributed or sold. This means that you can’t personally hold IRA-owned precious metals (home storage) while in the IRA. STRATA requires that your precious metals be stored with a third-party depository. 

Currently, STRATA accountholders can elect to store their precious metals at Delaware Depository Services Company or Texas Precious Metals Depository (TPMD).

Storage Options: 

• Commingled Storage —  If you select commingled storage, your precious metals will be held in a segregated storage area for STRATA customers but will be commingled with other STRATA customers within the storage area. When you later decide to sell, exchange, or take an in-kind distribution of your precious metals, you will receive “like” precious metals (not the exact metals that you initially purchased).
• Segregated Storage —  If you select segregated storage, your precious metals will be held in a segregated storage area for STRATA customers and will be segregated, marked, and stored with your name and IRA account number. When you later decide to sell, exchange, or take an in-kind distribution of your precious metals, you will receive the exact metals that you initially purchased.

Security Measures:

Depositories are responsible for conducting annual audits, incorporating quality control methods, carrying insurance, and conducting authentication testing.

To learn more about Delaware Depository or TPMD please refer to the links below:

Learn more about Investing in Precious Metals with Your IRA.