Articles Categorized in: Blog

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

Which IRA or Roth makes more sense depends largely on your anticipated tax bracket in retirement. Those expecting lower tax rates may prefer traditional IRAs which provide upfront tax benefits as well as potential deductions in the future. People expecting to fall within higher tax brackets may benefit from opening a Roth account, which allows post-tax contributions and tax-free withdrawals in retirement. Both types of accounts can be found through banks, brokerage firms, life insurance companies and robo-advisors. Taxes An...
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Can I Hold Gold Coins in My IRA?

The IRS allows certain physical precious metals, such as American Eagle bullion coins or bars that meet specific purity standards, to be held within an IRA account. If you want to invest in gold coins, make sure that the self-directed IRA allows such investments. Compare management fees, minimum opening requirements and educational resources before selecting the ideal provider for you. Investing in Bullion Gold bullion, composed of silver, gold, platinum and palladium metals, is an investment product often bought by...
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How Much Gold Can I Carry With Me?

Assuming you don’t exceed $10,000 in value, there is generally no limit on how much gold you can carry with you. But beware if its value surpasses this threshold: declaring it may be required of you if its weight surpasses this amount. Keep precious metals in a carry-on bag to avoid losing them during transit, or if needed notify security or customs officers as soon as you place them into checked luggage. Customs and Border Protection Gold is an exceptionally...
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How Do I Get My 401k Back From Gold?

Gold can provide your retirement portfolio with diversification, while acting as a natural buffer against inflation – making it an indispensable addition to your investment strategy. Unfortunately, most 401(k) plans don’t permit investors to invest directly in gold bullion; in such instances, you must convert your IRA to a self-directed account that allows physical gold investments. 1. Look for a Reputable Gold IRA Company Gold IRAs can be an excellent way to diversify your retirement portfolio. But before choosing one,...
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How to Buy Gold in an IRA

An effective gold IRA requires working with a precious metals company that adheres to IRS regulations, and also providing access to an independent custodian who will buy and store the actual metals; due to federal guidelines you cannot keep them stored at home. Many investors opt to add physical gold to their IRA as it provides diversification benefits and protection against inflation. To do this safely and affordably, however, it’s crucial that they find a reputable precious metals company with...
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Which Type of IRA is Best?

Individual retirement accounts (IRAs) can be an invaluable savings vehicle for individuals. Investors can put aside funds that grow tax-efficiently while enjoying other advantages. But with eligibility requirements and penalties associated with withdrawing before reaching retirement age, selecting an IRA type can seem intimidating. With some research and guidance in hand, though, making your choice can become easier. Traditional IRA Traditional IRAs allow you to make tax-deductible contributions and defer taxes on investment growth while it remains in your account,...
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Can an IRA Be Invested in Gold?

Gold can help diversify retirement portfolios. But investors must remember that gold doesn’t generate income like stocks and bonds do. Physical precious metal investments often incur additional fees such as storage, insurance and account setup charges; to get the best value it’s essential to compare fees across providers. Taxes IRS rules regarding gold IRAs stipulate that metal must be stored at an approved depository, rather than being kept at home in safes and closets. While this may seem restrictive to...
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Can I Roll My 401k Into Gold Without Penalties?

Gold investment can be an excellent way to diversify your retirement portfolio and protect against market volatility while mitigating inflationary risks. At Augusta Precious Metals, our expert customer support and rollover assistance make the process smooth and straightforward. There are two methods available to you when transitioning your 401k into a gold IRA: direct and indirect rollovers. While direct rollovers offer greater tax efficiency, indirect ones may incur penalties from the IRS. Direct rollovers Direct rollover is an investment process...
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Can I Hold a Gold ETF in an IRA?

Investing in precious metals is an effective way to diversify your investment portfolio and protect against inflation. Many investors prefer physical gold bullion coins or bars as their form of investment; IRAs can hold these physical assets provided they meet IRS regulations. Exchange-traded funds offer another means of investing in gold: these track the price of various assets and trade on the market just like stocks. Taxes Gold’s reputation as a safe haven is attractive to many IRA investors; however,...
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What is the Difference Between an IRA and a Self-Directed IRA?

Self-directed IRAs allow you to invest in assets not forbidden by the IRS, such as real estate and precious metals, though such investments typically carry higher fees and require careful recordkeeping. Alternative assets are intangible and difficult to value, posing the possibility of fraud if they’re not given due attention. Taxes Self-directed IRAs allow account owners to direct investments themselves rather than through a custodian, providing greater investment options such as alternative assets. Investors should take care not to violate...
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