Safe Deposit Box
Gold IRA Glossary
A locked box rented inside a bank vault for storing valuables. It works for personally owned metals, but it does not satisfy IRA custody rules, because IRA metals must be held by the account's trustee or custodian rather than by the owner. Bank boxes are also not insured by the bank or the FDIC, so separate insurance is the owner's responsibility.
This content is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. GoldIRAFinder.com is not a precious metals dealer, IRA custodian, broker-dealer, or investment adviser. Precious metals prices fluctuate and can lose value, and past performance does not guarantee future results. Before making any investment or retirement decision, consult a qualified financial, tax, or legal professional.
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