choosing a gold Ira is a great investment to
make during economic instability this video's goal is to provide all the necessary information
to the viewers so they can perform better while investing or managing risks you can also visit the
website shown in this video or the description to obtain a free gold Ira guide full disclosure this
information may not all be accurate as market and policy changes may happen from the time this
video has been published what is a gold IRA a gold Ira is an IRS approved individual
retirement account and is the same as a regular Ira but unlike other Ira accounts where you can
keep stock money Etc it offers you to invest in the form of physical gold bars silver coins and
platinum and Palladium metals gold Iris generally adhere to the same regulations as traditional
Iris however because self-directed gold Iris hold more complex assets the IRS has additional tax
reporting and record-keeping requirements for them how gold Ira accounts can be funded this can be
done via two methods of transferring I.E moving directly from one Ira to another and doing
a rollover how do these accounts work these precious metal accounts are where you invest in
the form of gold silver or platinum you can also make further contributions and your custodian will
keep a record of all of this it would help if you remembered that the account's owner is the IRA
not you you are just the beneficiary therefore all of the purchase statements of the medals
will be made in the name of the IRA not you costs and tax deductions besides the investment
there is also a small amount you pay to get your account open you also have to pay an annual
account fee wiring or transaction fee Etc this depends on the company you open a gold Ira with
some companies require you to deposit a minimum of ten thousand dollars to fifty thousand dollars
when you open a precious metals Ira with them these IRAs also have tax deductions and
contribution limits that apply yearly depending on the type of Ira account you
open your company will describe these terms in detail when you open an account if you'd
like to learn more you can get a free gold Ira kit by visiting the website shown in this
video or in the description this kit contains valuable information for starting a new account
adding assets to it and picking a custodian now subscribe to the channel to get notified
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