Articles Categorized in: Blog

Is it Better to Have an IRA Or a Roth IRA?

IRAs allow anyone earning income to save for retirement using tax-advantaged investments such as stocks, bonds and exchange-traded funds. You can find them with banks, brokers and robo-advisors. Decidng between a traditional IRA and Roth IRA is dependent upon your expected tax bracket in retirement, whether or not lowering taxable income can lower it now, and if any inherited assets may become tax-exempt upon your passing away. Taxes One of the key differences between traditional and Roth IRAs lies in...
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How Much of My Portfolio Should Be in Gold and Silver?

Gold and silver should form an essential component of any balanced portfolio, serving as low-risk investments that protect savings during financial crises or recessions. Precious metals offer protection from inflation risk and currency devaluation. But finding an optimal allocation for your portfolio may not be simple. How Much Should I Invest in Gold and Silver? Gold and silver investments are often used as an insurance against inflation; they also can provide protection from currency collapses and economic unrest, making them...
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American Eagle Coins For Sale

American Gold Eagles have been produced since 1986 and are widely considered one of the most desirable modern bullion coins. Legal tender pieces may often fetch a premium over their stated face values when sold for purchase. Each coin contains 1 troy ounce of gold backed by the United States government, featuring Augustus Saint-Gaudens’ breathtaking Walking Liberty design on one side and both national mottoes (E Pluribus Unum and “In God We Trust”) on the reverse. 1. They Are Legal...
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Can You Buy Gold in a Roth IRA?

Your gold IRA ads likely laud physical precious metals’ potential to increase in value over time, yet you may be unclear whether your IRA can accommodate such assets, given that the IRS generally considers them collectibles. Your Roth IRA allows for the investment of physical gold; all it requires is finding an authorized custodian that allows this type of investment and offers appropriate services. Self-Directed IRAs Self-directed IRAs (SDIRAs) differ from traditional IRAs in that they allow investors to invest...
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How Much Should IRA Fees Be?

Most IRAs do not incur annual maintenance fees. Certain brokerage firms may charge a minimal annual account fee that usually is waived with an acceptable minimum asset balance. Americans pay many fees into their retirement accounts, and it is crucial that they understand them. Even small variations in fees could have a substantial effect on your balance over time. Fees for custodial services Custodial fees (commonly referred to as account management fees) are the charges levied by brokerage firms to...
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The Most Efficient Way to Buy Gold

Gold can be an asset worth investing in; however, finding the most appropriate method may prove daunting with so many choices available to you. Physical gold is a tangible investment you can hold onto and store safely, acting as both an insurance against inflation and providing peace of mind. Physical gold When investing in gold, it’s essential that you secure the best price possible. Unfortunately, many dealers have an unfortunate habit of overcharging clients and scamming customers; be wary. Reputable...
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Why Put Gold in an IRA?

Gold investments offer numerous benefits to investors, including diversification, protection from inflation and potential tax advantages. Start by opening a self-directed IRA through an authorized custodian who specializes in precious metals, and let them handle paperwork, transactions and reporting requirements to the IRS for you. Diversification As is often stated, “Don’t put all your eggs in one basket.” Diversification is one of the best strategies for meeting long-term financial goals with minimal risk. Investment diversification involves diversifying across several asset...
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How Does a Gold IRA Increase in Value?

Gold IRAs are self-directed individual retirement accounts that enable investors to hold physical precious metals as investments. To meet IRS requirements, these accounts must be created with a precious-metals dealer, custodian and approved depository. Gold IRAs can be opened by rolling over existing IRAs or 401(ks, with contributions tax-deductible up to IRS limits. A gold IRA also offers diversification benefits as well as potential inflation hedge protection. It’s a hedge against inflation Gold IRAs provide an effective defense against inflation....
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Can I Open an IRA With 100 Dollars?

Individual Retirement Accounts, or IRAs, are individual retirement accounts held by banks, brokerage firms or investment companies that allow users to invest in stocks, bonds or even real estate. An Individual Retirement Account, or IRA, can be an ideal way to start saving for retirement. But is $100 enough to open an IRA? 1. Look for a provider with a low or $0 minimum Individual Retirement Accounts (IRAs) can be an excellent way to save for retirement – regardless of...
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Can You Open an IRA at Any Bank?

Individual Retirement Accounts (IRAs) are one of the best tools available to savers to invest in their futures. Many different providers provide IRA accounts, from banks and brokerage firms to some robo-advisors. An Individual Retirement Account, or IRA, typically requires some basic information from you such as your Social Security number and employment status. While each provider’s process differs, most are quick and simple to set up. Banks Banks often provide Individual Retirement Accounts (IRAs), which allow retirement savers who...
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