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    Spokane, WA - Gold IRA Storage Fees - What's a decent rate these days?

    Key Takeaways
    • The custodian charges me 0.15% per year for storage, which comes out to about $525 annually.
    • On top of that, there's a $100 administrative fee.
    • So we're looking at $625 a year just to keep it in their vault.
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    Okay, so I've mostly been in it for the long haul with my Gold IRA, but I was just looking at the fees for the past year and starting to wonder if I'm getting a good deal. I’ve currently got about $350k in physical gold in my IRA, mostly Eagles and Maple Leafs, a good chunk of it from when my grandfather started setting some aside for me back in the day. The custodian charges me 0.15% per year for storage, which comes out to about $525 annually. On top of that, there's a $100 administrative fee. So we're looking at $625 a year just to keep it in their vault.

    My family's always preached generational wealth and security, and honestly, the peace of mind knowing that portion of my portfolio isn't tied to the wild swings of the market is huge, especially with how the timber industry has been going lately. Plus, being here in Spokane, there aren't exactly a ton of local options for insured, IRS-compliant storage that I trust beyond my current outfit. I'm not looking to penny-pinch on something this important, but I also don't want to be overpaying just because I'm comfortable.

    For those of you with similar portfolio sizes, maybe something in the $250k - $500k range for your Gold IRA, what are you seeing for storage fees? Is 0.15% a reasonable percentage? Are there custodians out there offering better rates or flat fees that make more sense at a certain point? Seriously curious if I should be shopping around or if this is par for the course.

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    10 comments

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    Best Answer▲ 19 upvotes
    M
    michelle_collins🏆Advanced (250-500k)
    My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

    Comments (10)

    10
    linda_taylor📊Growing (50-100k)✓ Verifiedabout 1 month ago

    It's interesting how everyone focuses on the storage fees. While obviously a factor, have you also looked at the custodian fees? Sometimes those can be a bigger drain than the storage itself, especially with a balance like yours. Worth a double-check to see if you're getting hit there too. They can be a bit opaque sometimes.

    6
    timothy_reed💎Premium (500k-1m)Real Investorabout 1 month ago

    Hey, interesting post! When you say "physical gold in my IRA," are you storing it yourself or with a custodian? Because if it's the latter, that's where the storage fees really come into play.

    8
    betty_king📊Growing (50-100k)about 1 month ago

    Hey, I hear you on this! I was in a similar boat a few months back. Had around $280k in my Gold IRA and honestly felt like the storage fees were eating into my gains unnecessarily. Took some digging, but I ended up switching providers and saved a decent amount. Definitely worth shopping around, especially with that kind of capital. Good luck!

    19
    michelle_collins🏆Advanced (250-500k)Real Investorabout 1 month ago

    My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

    4
    patricia_miller📊Growing (50-100k)✓ Verifiedabout 1 month ago

    I was pretty skeptical about another gold IRA forum but the tools here on GIRAB actually surprised me — the calculator alone saved me hours of spreadsheet work.

    2
    paul_hill🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    This mirrors what I've been seeing too. The macro environment right now is making a strong case for physical metals.

    18
    sharon_evans💰Established (100-250k)Real Investorabout 1 month ago

    Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

    5
    mark_adams👑Elite (1m-5m)Real Investorabout 1 month ago

    Just started my rollover process last month. The paperwork alone almost made me quit lol.

    15
    matthew_murphy👑Elite (1m-5m)Real Investorabout 1 month ago

    My advisor told me 10-15% in gold is the sweet spot but I went heavier. We'll see how it plays out.

    0
    william_davis💎Premium (500k-1m)Real Investorabout 1 month ago

    Interesting take. I've heard the opposite from a few people though — would love to see some actual numbers on this.

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