Articles Categorized in: Blog

Can You Invest in Gold With an IRA?

Traditional and Roth IRAs allow investors to invest in precious metals like gold. Contributions are tax-deductible; growth tax deferred; withdrawals taxed. However, investing in gold through an IRA does have its drawbacks, including storage and insurance fees that could reduce returns on your investments. Taxes Gold IRAs can be an attractive retirement investment option, providing diversification and potential protection from inflation. Before investing, however, it is crucial that investors understand all associated tax implications – this includes fees associated with...
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Why Does the IMF Have Gold?

Gold has long been considered a cornerstone of international monetary system. Nations use gold as an indication of their financial strength and trustworthiness; additionally, nations often utilize it to stabilize currency exchange rates or provide loans. IMF holds an extensive amount of gold stored at various depositories around the world. This gold was amassed between 1946 and the late 1970s through Members’ initial quota subscriptions, various increases, and other transactions with the Fund. It is a safe investment Gold stands...
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Can You Buy Gold With IRA Money?

Gold and other precious metals can be purchased within a self-directed IRA for tax-free accumulation until withdrawal. Physical gold purchases usually incur additional storage and insurance fees that exceed other IRA fees. An investment in precious metals IRA is a serious financial decision and should be carefully thought through before being made. Before making your final choice, educate yourself through trustworthy sources before making your final choice. What is a Gold IRA? Gold IRAs allow you to purchase and store...
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What is the Best Silver and Gold ETF?

Are You Looking to Add Precious Metals to Your Portfolio? There are various strategies available to you for doing just this, from investing in physical silver bullion or shares of companies mining these precious metals to stock purchases from mining operations that have these metals as their core business. One of the oldest and largest silver ETFs is SIL, featuring a heavy weighting in Wheaton Precious Metals as its major holding. Additionally, this fund offers currency-hedged options. iShares Silver Trust...
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How Long Do You Have to Distribute an Inherited Roth IRA?

Due to recent tax code amendments, the required minimum distribution (RMD) time frame for an inherited Roth IRA differs significantly from traditional IRAs. RMDs must begin one year following account owner death and be calculated based on life expectancies of beneficiaries. Non-spouse heirs of an inherited Roth IRA have up to 10 years to deplete it tax free; however, large withdrawals may place beneficiaries into higher tax brackets. Life expectancy method The Life Expectancy Method of Dispersing an Inherited Roth...
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Does a Gold IRA Increase in Value?

Investing in physical gold through an individual retirement account offers both benefits and drawbacks, so it is wise to consult your legal, financial and tax experts prior to deciding to go this route. Search for a reputable gold IRA provider with transparent pricing and educational materials, while avoiding those using high-pressure sales tactics. Tax-free growth Gold IRAs have quickly become a popular investment choice due to their diversification, inflation protection and tangible asset security properties. But like any investment, precious...
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How Do I Roll My IRA Into Precious Metals?

Individual retirement accounts (IRAs) are an ideal way to plan for the future and save tax-deferred interest on various assets. Gold and silver can provide your retirement savings with protection from debasement of the dollar and inflation risks, making precious metals an effective way to mitigate such threats. By adding them to an IRA account, these precious metals could act as powerful protection. How to Roll Your IRA into Precious Metals Investment into precious metals through an Individual Retirement Account...
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How Do IRA Custodians Make Money?

IRA custodians make money through charging fees for their services, which helps maintain infrastructure and provide IRA services. Unfortunately, fraudsters may pose as custodians to deceive investors out of funds by promising them protection against potential losses. Before selecting a custodian, be sure to ask about their depth of knowledge and service quality. At STRATA we specialize in self-directed IRAs and boast a team of Certified IRA Services Professionals ready to answer any of your queries. They charge a fee...
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Can I Move My IRA Into Gold?

Addition of physical gold to an IRA allows investors to diversify their retirement portfolio with long-term protection against inflation. An IRA provider will guide clients through the process of opening an account, selecting metals and securing storage facilities. This can be accomplished either directly or indirectly; direct rollover is often preferred to reduce paperwork and potential IRS penalties. Benefits Gold can bring several benefits to an IRA portfolio: diversification, tax advantages and protection against inflation. Gold IRAs come in two...
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Can I Carry Gold on an Airplane?

Yes, gold can be carried on an airplane safely; however, for your own protection it should be placed in your carry-on luggage for transit. This will reduce the chances of it being stolen or damaged during transport and could even make sense to consider all risk insurance as a protection plan. The United States does not impose limits on how much gold an individual may legally own; however, when traveling internationally it should always be declared. Traveling with gold When...
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