Articles Categorized in: Blog

What is Segregated Gold?

When choosing the ideal depository for their precious metals investments, investors have two storage options to consider – segregated or allocated storage. Mark Yaxley of Inside the Vault explores what sets these options apart and discusses why you may prefer one over the other. Under allocated storage, you are charged according to each coin or bar that was deposited at a depository, unlike segregated storage which only charges you once your bullion has been liquidated and delivered back. What is...
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What is the Best 1 Oz Gold Coin to Buy?

Gold bullion investments are an effective way to diversify your portfolio and protect wealth through price appreciation. Even adding just one 1 oz gold coin could make an important impactful difference in your wealth preservation or growth goals. As there are many choices available, you can select a coin that best meets your investment goals and preferences. Some popular bullion coins include: 1. Sunshine Minting 1 oz Gold Bar Gold bars are an effective and dependable way to diversify your...
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Can I Buy Gold From a Brokerage Account?

Investors seeking protection against inflation, stock market instability and banking sector worries often turn to gold for diversification purposes. There are various methods of investing in gold through your brokerage account. Gold has long been considered an effective diversifier, providing security during periods of economic or geopolitical unrest. Physical gold Physical gold investments such as coins, bars and jewellery are available through brokerage accounts. Physical gold has quickly become a sought-after alternative to stocks and bonds due to economic uncertainty...
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Can I Have Gold in My IRA?

Gold has long been considered an attractive physical investment asset by investors. It has demonstrated its durability in times of economic distress and political unrest. The IRS permits IRA holders to store physical precious metals in their retirement accounts; however, there are several key considerations they should keep in mind. Why Invest in Gold? Gold has low correlation with stocks and bonds, making it an excellent diversifier in any portfolio. Furthermore, it may serve as an effective hedge against inflation....
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Investing in a Gold IRA

Gold IRAs are investment vehicles that allow you to add physical precious metals directly into your retirement account, with all the same tax advantages of traditional or Roth IRAs but come with their own set of fees; such as one-time, annual and storage charges as well as insurance costs. Gold IRA companies have also been known to employ suspect tactics. For instance, some may offer excessive quantities of free silver to attract customers. Minimum Investment There are no minimum investment...
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Can I Sell an Asset to My IRA?

One of the key considerations when investing with an IRA is to avoid prohibited transactions, including self-dealing and sweat equity deals. Tax legislation disallows an IRA from receiving assets directly, leading to expensive workarounds such as appraisals and retitling – or potentially disqualification altogether. What is an IRA? Individual retirement accounts (IRAs) provide tax-deferred savings plans, which allow individuals to invest for their retirement in tax-saving vehicles such as banks, brokerage firms or other financial institutions. An IRA provides up-front...
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Can I Invest in Gold in My IRA?

If you want to add gold to your IRA, a self-directed IRA may be best. Approved by the IRS and managed by companies such as APMEX and American Bullion, such accounts allow investors to safely store physical bullion. Taxes If you decide to invest in gold, be aware of the tax implications. In addition, custodian fees and related costs will likely apply, with possible withdrawal of assets early from an IRA account incurring significant expenses. However, by working with a...
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Rollover an IRA Without Paying Taxes

If your retirement plan provides distributions in the form of checks payable directly to you, 20% will generally be withheld for tax withholding purposes. If it remains unspent within 60 days it is considered income and subject to income tax (and possibly an early withdrawal penalty if under age 55). Direct trustee-to-trustee transfers between IRAs do not count towards the one-IRA-rollover-per-year limit. What is a rollover? Rollovers are transfers of funds between accounts held with various financial institutions. Rollovers may...
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Can You Do a Partial Transfer of an IRA When You Leave Your Job?

Many individuals who depart their employer typically rollover their retirement account into an individual retirement account (IRA), enabling them to access more investment options with reduced service and investment fees. But if you wish to leave some funds with your old company’s plan, an indirect transfer (commonly referred to as 60-day rollover) may be one way of accomplishing that goal. IRA to IRA Partial transfers allow you to move funds between traditional or Roth IRAs and another type of IRA....
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Can I Move My IRA to an Offshore IRA?

An offshore IRA allows you to invest in foreign currencies and assets while offering asset protection benefits not available with traditional IRAs. However, an offshore IRA is a complex structure from a US tax perspective, requiring an experienced attorney for guidance when creating one. First and foremost, you need to locate an IRA custodian that allows for foreign structures and investments. Many IRA custodians make their living from selling investments; therefore they may be reluctant to allow your accounts overseas....
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