Articles Categorized in: Blog
When opening a Gold IRA, keep in mind that IRS regulations mandate physical precious metals be stored at an approved depository – storage at home is against the rules and may result in costly tax penalties. Birch Gold or RC Bullion offer secure home storage solutions compliant with IRS guidelines, making the investment an easier and safer one. 1. It’s a hedge against inflation Consumer prices skyrocketed during the 1970s and 1980s, forcing people to find ways to protect against...
Read More
Gold IRAs are an increasingly popular investment vehicle for precious metals. Investors can open them either with traditional or Roth IRA accounts. IRS-approved IRA custodians may store bars, coins and collectibles approved by the IRS that comply with IRS regulations regarding size, weight and design. Furthermore, an IRA custodian must store these in an IRS-approved depository to ensure security and insurance standards are met. Taxes on Withdrawals Gold IRAs are individual retirement accounts designed specifically to invest in physical gold,...
Read More
When it comes to selling gold, you have various options available to you – the ideal being working with an established bullion dealer. Pawn shops may seem like the least attractive choice because of their lower prices; however, online buyers offer additional opportunities; be sure to shop around and find the highest offers possible. 1. Sell to a Refinery If you have old jewelry lying around the house or coins and bullion that you want to liquidate, there are various...
Read More
Gold IRAs are Individual Retirement Accounts designed specifically to enable investors to invest in physical precious metals, in compliance with IRS rules. While these accounts provide investors with investment flexibility, there are various fees they should be aware of before opening one. An investment in precious metals IRA can provide diversification for retirement portfolios and lower risk, as their values tend to move opposite of stocks. However, there may be fees associated with opening and maintaining such accounts. How to...
Read More
Precious metal investments provide key protection from inflation and diversification benefits in retirement portfolios, while helping reduce volatility and build wealth. Gold can also serve to mitigate potential volatility issues. If you opt to invest in gold through an IRA custodian, be mindful that any additional fees might arise when compared to investing in stocks or mutual funds. Custodians Self-directed IRAs (or precious metals IRAs) provide you with the ability to invest in alternative assets such as physical gold bullion....
Read More
Gold has long been seen as an appealing form of investment protection against inflation as fiat currencies lose purchasing power over time, and therefore makes an excellent retirement savings solution. For investing in gold, the ideal self-directed precious metals IRA company should offer transparent pricing and impartial customer education, without charging additional fees or selling unneeded products. The IRS mandates that the physical gold purchased for a gold IRA be stored in an approved depository or vault. When buying gold...
Read More
If you’re seeking to diversify your retirement portfolio, a 401k to gold rollover could be the ideal way. Conducting such transactions through direct transfer or rollover eliminates any risk due to paperwork errors and other potential mishaps, saving both time and money in the process. This comprehensive guide will assist in understanding the advantages of precious metal IRAs, how to successfully roll over from 401k to gold, as well as tips for selecting an established Gold IRA company with strong...
Read More
An Individual Retirement Account, or IRA, provides investors with an avenue for investing in physical gold, silver, and platinum. To comply with IRS regulations, any precious metals purchased through an IRA must be stored by an approved depository. Start the process off right by choosing an IRA custodian, who will work alongside both your dealer and depository to manage your account. What is a depository? Depository services play a pivotal role in your precious metals IRA. In accordance with IRS...
Read More
Augusta Precious Metals is an experienced provider that can guide you through this process and assist with setting up a Gold IRA account. Gold IRAs provide many advantages, from portfolio diversification and inflation protection to retirement account conversion into precious metals. This article will outline all of their features. 1. Open a Self-Directed IRA Self-directed IRAs can be opened by rolling funds over from an existing retirement account or transferring them directly. Investment options, including precious metals through direct transfers,...
Read More
An Individual Retirement Account, or IRA, is a tax-advantaged savings account you can open with banks, brokerage firms and mutual fund companies. Most providers provide accounts without minimum deposits or very low minimum deposits required. Saving for retirement through an Individual Retirement Account is an effective way to build savings, with potential earnings possibly growing tax-free or being deferred depending on the type of IRA chosen. IRAs are a great way to save for retirement. Individual retirement accounts (IRAs) are...
Read More
