Articles Categorized in: Blog
Gold can add diversification to a portfolio, while not contributing any income or growth in specific companies or economies. Gold can be invested in many ways – from physical bullion coins and bars, futures contracts and investments in mining companies specializing in gold. Which method you select ultimately depends on your investment goals and risk tolerance. Investing in Gold Gold has long been considered an investment choice and remains a wise decision for those seeking a means of protecting against...
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Silver is an attractive investment asset. Its properties make it suitable for batteries, photovoltaic panels, touchscreens and semiconductors as well as serving as an important store of wealth. Silver coins and bullion must meet certain fineness standards to be eligible for inclusion into an Individual Retirement Account (IRA). This article explains how to open and fund such an IRA. 1. Silver Krugerrands are 99.9% pure Silver is an invaluable metal that finds many industrial applications. Due to its exceptional strength...
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Withdrawals from traditional IRAs, 401(k) accounts, and similar retirement plans as well as tax-deferred annuities are usually taxed as ordinary income; withdrawals made before age 59 1/2 may incur an early withdrawal penalty. Tax implications of an IRA vary based on whether contributions were made with pretax or after-tax funds, so please read further to gain more understanding about this important distinction. Contributions One key to tax-advantaged growth in an IRA is making regular contributions each year, whether that means...
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Gold IRAs operate similarly to other retirement accounts in that they use pretax dollars to grow investment funds without incurring taxes until its withdrawal at retirement time. However, as with other IRAs, there are fees associated with opening and closing an account. These expenses include one-time setup and maintenance fees as well as seller markup costs, storage fees, insurance costs and cash-out costs. It’s a type of self-directed IRA Gold IRAs are Individual Retirement Accounts (IRAs) which enable investors to...
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Gold may seem like an appealing investment option if you’re looking to diversify your portfolio; after all, its price often increases as other assets decline. But you would do better to put your money in stocks that create tangible wealth rather than speculate on gold’s price in the future. Here is why. It’s irrational Gold remains one of the world’s most precious assets despite critics, acting as a safe haven in times of economic instability and seen as an effective...
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Gold Roth IRAs provide a great way to diversify your retirement savings portfolio with tangible assets that tend to hold their value and purchasing power over time. However, you should always review any associated fees prior to investing. Roth gold IRA contributions are tax-deductible; any withdrawals during retirement are free from taxation. Taxes Roth contributions made after tax are eligible to be withdrawn tax-free; any investment earnings, however, will be taxed at ordinary income rates upon withdrawal. Roth IRAs can...
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Silver can be an essential addition to your retirement portfolio, providing diversification benefits while acting as a hedge against inflation. Discover how you can invest in IRA-approved silver coins and bars today. Silver must meet certain purity and fineness criteria to qualify as an investment-grade metal, such as Canadian Maple Leaf coins and Johnson Matthey silver bars. Self-Directed IRAs Silver investments have long been a sought-after form of retirement portfolio diversification, providing hard assets that hold intrinsic value beyond being...
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Rolling over funds from an existing IRA or 401(k) requires adhering to IRS regulations; you may do so either directly or indirectly, with assistance provided from your gold IRA company. Physical gold investments offer potential retirement investors many advantages, from portfolio diversification and inflation protection to tax relief and inflation hedging. But how can they do so without incurring penalties? Choose a Custodian When readying yourself to rollover your IRA into gold, the first step should be selecting a custodian...
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Individual Retirement Accounts, or IRAs, offer you a way to save for the future and enjoy tax advantages while diversifying your investment portfolio with precious metals. However, traditional or Roth IRAs do not permit direct investments in physical gold. Precious Metals IRAs Given inflation and economic uncertainty, investors are turning to precious metals such as gold for protection of their retirement savings. A gold IRA is one way of diversifying a portfolio without risking market fluctuations or inflation – however,...
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A 401(k) account can be an ideal way to start saving for retirement, with its easy use and variety of investments available. Unfortunately, however, it may have certain drawbacks such as not allowing loans or having higher fees than an IRA account. You should request a direct transfer from your old plan in order to avoid taxes and penalties, making life simpler for both yourself and your financial advisor. A direct rollover also makes monitoring and tracking easier. 401ks are...
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