Articles Categorized in: Blog

Do You Pay Tax on Gold IRA?

Gold or Precious Metals IRAs provide investors with an avenue to diversify their retirement portfolio with physical precious metals. Similar to a traditional IRA, contributions made into such accounts are tax-deductible; however, due to regulations by the IRS there are strict limits as to what can be purchased; therefore IRAs may only hold coins or bars that meet specific standards. Taxes on distributions Gold IRA distributions are subject to taxes similar to traditional and Roth IRAs; both types of retirement...
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What is the Best Thing to Do With an Inherited IRA?

Beneficiaries of an inherited IRA must make difficult decisions regarding how best to handle their inheritance. Working with a financial professional who specializes in such accounts is usually advised. Understanding your options and requirements is paramount; taking a lump sum distribution could increase your tax liabilities while jeopardizing future opportunities for tax-deferred growth. Roll it Over Assuming you are the Surviving Spouse of an individual who passed away, they can transfer an inherited IRA to your account at the same...
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Are Gold and Silver IRAs a Good Idea?

An introductory paragraph gives your reader a background to your essay topic and any pertinent issues it covers, as well as providing context that bolsters it (e.g. #metoo or #timesup movements). Physical precious metals can provide an effective means of diversifying your retirement savings account, but they don’t come without risks. Costs When considering adding precious metals to your retirement portfolio, be aware of all fees involved. Fees will depend on which provider and custodian you use; to maximize success...
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Diversify Your Assets With a Self Directed IRA

Are you fed up with leaving your retirement savings vulnerable to an unpredictable stock market? An SDIRA allows you to diversify into alternative assets, such as real estate, private equity, secured promissory notes and precious metals. Alternative investments can be difficult to sell quickly and may require annual reporting of fair market value. Real Estate Self-directed IRAs give you the freedom to invest retirement funds in alternative assets such as real estate, precious metals and startups – but this power...
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How Can I Buy Physical Gold in My IRA?

Physical gold in an IRA offers you an opportunity to diversify your retirement portfolio, but make sure you understand all of its nuances first before investing. Your account setup, storage and insurance fees should all be taken into consideration before selling any gold. Furthermore, when selling, a seller’s markup may apply and depends on your vendor and type of gold. How to Buy Physical Gold in Your IRA Gold has quickly become a favorite among retirement investors for several reasons....
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