How to Move Your 401(k) to Gold Without Penalty

Gold has been a highly valued, highly sought-after asset since the days of ancient civilizations. Today is no different. With inflation soaring, and purchasing power decreasing, many investors might wonder how to move a 401(k) into gold without penalty. Read along and learn: The different types of 401(k) How to convert 401(k) into gold How a gold IRA works The benefits of a Gold IRA Hopefully, you will see how easy it is to start protecting your investments with a Gold IRA. What Is a... Continue Reading

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Traditional Gold IRA vs. Roth IRA: What’s the Difference?

There’s an old saying, “You reap what you sow.” It means the crops you harvest in the future come from the seeds you plant today.  Gold IRA investing is similar.  Traditional and Roth IRAs both provide, but the harvests will be a bit different.  We will take a closer look at Gold vs. Roth IRAs and familiarize you with their similarities and differences What Traditional Gold IRAs Have in Common With Roth IRAs  Considering a Gold IRA vs. Roth IRA is like choosing between two... Continue Reading

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Gold IRAs vs. Physical Gold: Which Should You Choose?

OK, you’ve decided that you need to secure your portfolio with gold.  The next step is to compare a Gold IRA vs. physical gold. Which is better? Which suits your needs?  We will dive into the methodology of each and educate you on the pros and cons of owning physical gold vs. establishing a Gold IRA.  Gold IRA vs. Physical Gold  Sometimes, it’s difficult to choose between two great options.  Investing in a Gold IRA and investing in physical gold will ultimately yield the same... Continue Reading

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What Are The Approved Precious Metals?

IRA-approved precious metals are specific gold, silver, platinum and palladium—bullion bars and coins—that meet stringent standards set by the IRS. Therefore, you can hold them in an individual retirement account.  Understanding what are the four precious metals eligible for an IRA may help you decide which metals are right for you.  To help ensure the long-term health of your individual retirement account, the IRS puts strict guidelines on the purity, condition, and origin of allowable precious metals. Eligible coins must:  Originate from government mints Be... Continue Reading

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How Are Precious Metals Similar to Gems?

Harvested from deep inside the earth, both precious metals and gems have existed in tandem for as long as we’ve been able to extract them.  So, how are precious metals similar to gems? These elemental cousins share many properties that have made them valuable throughout history.  Mother Nature’s gifts have not only adorned the necks and wrists of royalty, both have been used to help innovate technology and advance mankind.  In our modern world, we still look to gems and precious metals for their beauty,... Continue Reading

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How to Find the Best Precious Metals IRA for You

Once you’ve decided a precious metals IRA is right for you, the next step is to decide which precious metals make the most sense in your account.  This educational guide will help you: Assess your goals and risk  Evaluate eligible precious metals options Find a custodian A little understanding can go a long way. We are happy to help you on your journey toward achieving your goals.    Assessing Your Investment Goals and Risk Tolerance  The first step toward successful investing is to understand your... Continue Reading

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What Is a Self-Directed Precious Metals IRA?

A self-directed precious metals IRA is an individual retirement account that allows for ownership of physical assets—including gold, silver, platinum, and palladium.  Commonly referred to as a Gold IRA or Silver IRA, the precious metals IRA is a favorite among investors seeking an alternative to paper-based investment vehicles.    Understanding Self-Directed Precious Metals IRAs  The self-directed precious metals IRA is a lot like the IRA you may already own.  A self-directed plan differs from a typical plan in that it allows for ownership of physical... Continue Reading

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Gold IRA Tax Rules: Everything You Need to Know

Gold IRA tax rules and regulations are the same that govern the IRA you may already own or are familiar with.   Understanding Gold IRA tax rules for 2023 and beyond is essential. You must conduct transactions that fit within the parameters to avoid costly penalties and expensive tax consequences.   We will educate you on the different types of IRAs, how to contribute to your IRA, how to withdraw from your IRA, and how withdrawals are taxed.  Are Gold IRAs Taxable?  Gold IRAs are taxable. The... Continue Reading

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How to Find the Best Precious Metals IRA for You

Once you’ve decided a precious metals IRA is right for you, the next step is to decide which precious metals make the most sense in your account.  This educational guide will help you: Assess your goals and risk  Evaluate eligible precious metals options Find a custodian A little understanding can go a long way. We are happy to help you on your journey toward achieving your goals.  Assessing Your Investment Goals and Risk Tolerance  The first step toward successful investing is to understand your goals.... Continue Reading

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How Does a Precious Metals IRA Work?

A precious metals IRA works almost exactly like the individual retirement account that you may already have.  The big difference is a precious metals IRA is self-directed—meaning you pick and choose what you want to own—and you can own physical assets, as well as paper assets inside of the plan.  You have control over what you want to own and how much.  What Are Precious Metals?  Precious metals are rare metals that have a high economic value.  Rare metals are typically malleable, highly conductive, and... Continue Reading

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