Articles Categorized in: Blog
A traditional IRA is an individual retirement account designed to help save for retirement. Your contributions may be tax deductible at present; however, when it’s time to withdraw the money in retirement there will be tax obligations associated with its withdrawal. If you hold a traditional IRA from a previous employer, it can be transferred into another IRA without incurring the 10% IRS penalty. Learn more about its advantages. Tax-deferred growth Traditional IRAs allow individuals to contribute money that may...
Read More
Glenn Beck is a popular radio host, political commentator, author, television network producer and media entrepreneur known for his conservative political viewpoint and large fan base. He became well-known through his controversial views and passionate delivery. However, he battled alcoholism and drug addiction but eventually managed to break free. TheBlaze Glenn Beck is still going strong as CEO of his own media company, The Blaze News Network and Online Video Channel, even after leaving Fox News behind. Despite these endeavors...
Read More
Gold has long been recognized as an investment with excellent returns in times of uncertainty. Furthermore, it can serve as an invaluable diversifier to any retirement portfolio. However, like any IRA-eligible investment, physical precious metals in an IRA come with their own set of risks and expenses that should be carefully considered before proceeding with investment. Here is what you should know before purchasing precious metals IRA investments. Tax-free growth Gold IRAs can be an attractive investment option due to...
Read More
Most investment gurus agree that precious metals have an essential place in any retirement portfolio – but what if you could buy these physical assets with your TSP instead? The Thrift Savings Plan (TSP) does not offer many opportunities to invest in physical gold directly; one option would be transferring TSP funds into an IRA custodied by a precious metals company. How to Buy Gold with Your TSP Thrift Savings Plans (TSPs) can be an ideal savings vehicle for federal...
Read More
Answering this question depends on your retirement savings goals, time horizon, risk tolerance and fees associated with gold purchases. Establishing a gold IRA requires working with a precious-metals dealer, custodian and depository. Your chosen provider should be accredited and meet IRS fineness standards. 1. It’s a hedge against inflation Gold IRAs provide you with the ability to diversify and protect your retirement portfolio against inflation, while providing an asset class diversification solution. However, before choosing this investment vehicle it’s essential...
Read More
Precious metals stored at home are susceptible to theft and natural disaster, while IRS regulations stipulate that gold IRA assets must be stored at an IRS-approved depository to maintain their tax-advantaged status. Home storage may not meet IRS regulations; fortunately there are safe solutions that do. These typically come from precious metals custodians who specialize in holding gold IRA investments. Taxes Gold IRAs must be stored by an IRS-certified custodian due to being classified as retirement assets, which prohibits their...
Read More
Gold bullion investments offer many advantages over its alternatives, yet owning physical gold does not generate interest like stocks or real estate would. Furthermore, careful storage may be required. Governments often overreach during times of emergency, seizing bank accounts and garnishing wages without due process. By investing offshore, investors can better safeguard their assets against such actions taken against them by governments. It’s a form of investment Physical gold may be an investment option, but it may not provide the...
Read More
Stocks and bonds have experienced losses over the last quarter, yet you can protect your investments by diversifying and monitoring them closely. Furthermore, make sure that your IRA portfolio aligns with both your long-term goals and risk tolerance. As you approach retirement, it may be prudent to transition your IRA funds away from riskier investments to more stable ones in order to preserve your retirement nest egg. IRAs are tax-deferred Individual retirement accounts (IRAs) offer an effective method for tax-deferred...
Read More
Utah may be best known for its ski resorts, but Salt Lake City also boasts an exceptional coin shop and precious metal dealer: Ace Coins has long served collectors of U.S. and foreign coins, gold bullion bars and collecting supplies alike. For decades now, Ace Coins has provided its services at Ace Coins of Salt Lake City collectors. The new law permits residents to purchase items using precious metals, though merchants do not need to accept or tax these precious...
Read More
Tax-deferred investments in physical precious metals can provide your retirement portfolio with incredible diversification; however, precious metal IRAs often incur more fees than standard IRAs. To prevent extra fees from incurring, make sure you choose a self-directed IRA custodian and dealer with all necessary licenses, registrations and insurance to qualify. Decide on a Custodian Gold and precious metals can serve as reliable investments during times of uncertainty, providing protection from an erosion in dollar value as well as political or...
Read More
