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Are Gold IRA Safe And A Good Idea? - YouTube
Channel: Gold IRA & 401K Rollovers
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Are Gold IRA’s Safe?
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It’s not unreasonable that some IRA owners
may have bad feelings about the stock market.
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If you are an IRA owner, you may be slightly
concerned about the current economic state
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including the stocks bonds and foreign currency
markets.
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This is not an uncommon fear amongst most
common people nowadays.
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Even if you are a smart and savvy investor
with safe fixed income investments you're
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retirement is still controlled by interest
rates that are currently very low and possess
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the high risk of future inflation.
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This sense of uneasiness has caused an alarming
amount of savvy investors to move portions
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of their current IRAs which are based on paper,
into a more tangible and liquid asset, also
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possessing the positive upside for increasing
value, such as precious metals including gold
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and silver.
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Investing is never simple, there is always
a catch and rules to follow.
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The first rule is the rule of what is allowed,
as in types of coins and bullion you can hold
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in a gold IRA account.
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The IRS code gives IRAs the certain right
to hold particular types of gold, silver,
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and platinum coins and gold, silver, platinum,
and palladium bullion.
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All these must meet a specifically defined
fineness standard, set by the IRS.
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You can own American Gold, Silver, and Platinum
Eagle coins, along with a few others, including
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some bullion, all of which must be 99.9% pure
or better.
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Some popular gold coins like the South African
Krugerrand are not allowed because of the
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lack of purity.
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The next rule you must know about gold IRA’s
is that the bullion and/or coins cannot be
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held by the IRA owner, they must be held by
the IRA trustee.
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That means you can’t store precious metals
for your IRA and store them in a safe in your
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house, under your bed, or at a safety deposit
box in your local bank.
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The most difficult part of owning precious
metals as assets in your IRA is finding a
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trustee that will set up a self-directed IRA
and will facilitate the transfer of the funds
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from the precious metals dealer to the storage
facility which must be approved by the government.
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Depending on the service, this is a lot of
work, and there are fees associated with the
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service.
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Call us to learn more.1-844-612-7162
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There are also some age-related restrictions,
please call our toll-free number to learn
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more.
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So this comes down to the question you can
here to answer…
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Are Gold IRA’s safe?
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The question you really need to ask yourself,
is… is your IRA safe based only on paper,
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or do you think it might be a good idea to
spread some of it out into precious metals,
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which have a healthy, stable investment track
record, and are very liquid.
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The choice is up to you.
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If you choose to learn more about protecting
your future retirement with precious metals,
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we can send you a free gold IRA rollover kit,
to get your free gold IRA kit please visit
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FreeGoldIRARolloverKit.com, or call toll-free:
1-844-612-7162 - We will explain everything
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to you over the phone, get you set up with
a self-directed IRA, and help facilitate the
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transfer to a government approved storage
facility.
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Free Gold IRA Rollover Kit:Call Toll-Free:
1-844-612-7162
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Free Gold IRA Rollover Kit: FreeGoldIRARolloverKit.com
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