SIMPLE IRA to Gold IRA Rollover
After years of contributing to your Savings Incentive Match Plan for Employees IRA, you've built something real. Now it's about protecting what you've earned—not chasing more growth.
This is simpler than it sounds. A direct rollover moves your SIMPLE IRA to a Gold IRA without taxes or penalties. Most people complete the process in under two weeks.
Nervous About Getting This Right?
Most people are. Augusta handles the whole process—they contact your SIMPLE IRA provider, complete the paperwork, and make sure nothing falls through the cracks.
How to Roll Over Your SIMPLE IRA to a Gold IRA
Six steps. Your Gold IRA company handles most of the work. You don't touch the money, so there's no tax hit.
Make sure your SIMPLE IRA allows rollovers (if you're retiring or leaving your job, you're good to go)
Pick a Gold IRA company and set up your new account (takes about 15 minutes)
They handle the paperwork and contact your current provider for you
Request goes in for a direct rollover (money goes straight between accounts)
Funds transfer directly—you never touch the money, so no taxes
Choose your gold and silver. Your metals ship to an IRS-approved vault.
SIMPLE IRA Account Details
Things to Know Before You Start
Most SIMPLE IRA rollovers are straightforward, but here are a few rules to be aware of:
- Must wait 2 years from first contribution to roll over
- 25% penalty for early withdrawal in first 2 years
- After 2 years, standard rollover rules apply
Is This You?
If you've been contributing to a SIMPLE IRA for years, you've done something most Americans couldn't. Now let's protect it.
Employees of small businesses offering SIMPLE plans
Small business employees
Common SIMPLE IRA Providers
If your SIMPLE IRA is held at one of these providers, click through for specific rollover instructions.
The Bottom Line
Don't Want to Do This Alone?
Most people don't. Augusta contacts your SIMPLE IRA provider, handles the paperwork, and makes sure everything goes right. No cost to get started.
Get Free Rollover KitCommon Questions About SIMPLE IRA Rollovers
Straight answers. No financial jargon.
Can I actually do this with my SIMPLE IRA?
Yes. SIMPLE IRAs are eligible for Gold IRA rollovers. The key is using a direct rollover—the money goes straight from one custodian to the other. You never touch it, so there's no tax bill.
Will I owe taxes on the rollover?
No. A direct rollover is 100% tax-free. The money moves between accounts without you taking possession. No taxes, no penalties, no 60-day deadline to worry about.
How much can I roll over?
There's no limit on rollover amounts. You can move all of it or just a portion—whatever feels right for protecting your retirement. If you're still working, check if your plan has any in-service withdrawal rules.
What kind of Gold IRA do I need?
Your SIMPLE IRA is pre-tax money, so it rolls into a traditional Gold IRA. Same tax treatment, just different assets. If you wanted a Roth Gold IRA instead, you'd owe taxes on the conversion.
Related Account Types
401(k) to Gold IRA
The most common employer-sponsored retirement plan, allowing pre-tax contributions with employer matching.
Learn MoreTraditional IRA to Gold IRA
A personal retirement account with tax-deductible contributions and tax-deferred growth.
Learn MoreSEP IRA to Gold IRA
Retirement plan for self-employed individuals and small business owners with high contribution limits.
Learn MoreYou've Earned This. Now Protect It.
After years of building your SIMPLE IRA, it's time to think about protection—not just growth. Augusta handles the whole rollover process. They contact your provider, complete the paperwork, and make sure your money is safe every step of the way.