No, home storage is not allowed. To ensure compliance with IRS regulations, it is necessary to store the gold in an approved depository specifically designated for a gold IRA. Keeping it in a safety deposit box, home safe, or any other personal storage location is not allowed.
A gold IRA company assists in establishing the IRA and acquiring the gold, but it is the investor's responsibility to find a custodian and a secure depository. Often, gold IRA companies work with a custodian and together determine a suitable depository for storing the gold.