Tag: your gold questions answered
Gold IRA’s Are Safe: Your Gold Questions Answered
Jason 0 Comments Retire Wealthy Why Gold IRA
When you're planning for your golden years, there's one word you want to associate with your future. Safe, as such you should know why gold IRA's can be safe from setup, storage and hedge standpoints. When you set up a gold IRA it's done through what's known as a self directed IRA, a type of IRA that enables you to purchase traditional assets, as well as alternative assets such as precious metals.
You can transfer or roll-over funds from one of your retirement accounts to a gold IRA. Or you can open a new Self-Directed IRA to house physical gold. In either case an IRS approved custodian must purchase the gold. IRA custodian's must adhere to IRS guidelines, when holding assets belonging to their clients. Meaning you can enjoy piece of mind about the proper handling of your gold transactions. When you work through U.S. Money Reserve's Self-Directed precious metals IRA program, your IRA account executive will coordinate with your custodian to setup your IRA account. Once an IRA custodian buys gold on your behalf, it is stored in an IRS approved depository or a federally regulated bank or credit union.
All of which have expertise when it comes to safely storing gold and other precious metals. If the inflation rate climbs, traditional inflation hedges, like gold commodities and real estate, are likely to out preform other mainstream financial assets. Therefore, a gold IRA can be a safe haven when it comes to inflation and a useful part of reducing overall risk. Call U.S. Money Reserve to learn more about the safety often associated with gold IRA's. Click the link in the description to download your free gold information kit. Which will provide you with important information you should know, about diversifying your portfolio with precious metals..
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Gold IRA’s Are Safe: Your Gold Questions Answered
Jason 0 Comments Retire Wealthy Retirement Planning
When you're planning for your golden years, there's one word you want to associate with your future. Safe, as such you should know why gold IRA's can be safe from setup, storage and hedge standpoints. When you set up a gold IRA it's done through what's known as a self directed IRA, a type of IRA that enables you to purchase traditional assets, as well as alternative assets such as precious metals. You can transfer or roll-over funds from one of your retirement accounts to a gold IRA. Or you can open a new Self-Directed IRA to house physical gold. In either case an IRS approved custodian must purchase the gold. IRA custodian's must adhere to IRS guidelines, when holding assets belonging to their clients. Meaning you can enjoy piece of mind about the proper handling of your gold transactions. When you work through U.S.
Money Reserve's Self-Directed precious metals IRA program, your IRA account executive will coordinate with your custodian to setup your IRA account. Once an IRA custodian buys gold on your behalf, it is stored in an IRS approved depository or a federally regulated bank or credit union. All of which have expertise when it comes to safely storing gold and other precious metals. If the inflation rate climbs, traditional inflation hedges, like gold commodities and real estate, are likely to out preform other mainstream financial assets. Therefore, a gold IRA can be a safe haven when it comes to inflation and a useful part of reducing overall risk. Call U.S. Money Reserve to learn more about the safety often associated with gold IRA's. Click the link in the description to download your free gold information kit. Which will provide you with important information you should know, about diversifying your portfolio with precious metals..
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Can You Transfer a 401(k) to an IRA While You’re Still Employed?
Jason 0 Comments Retire Wealthy Retirement Planning
While most people think about transferring their 401(k) after they leave a job, it's actually something you might be able to do while you're still in that job━and doing so could offer some attractive asset options. Typically, employees move money out of a 401(k) and into other retirement accounts (like IRAs) after quitting a job, losing a job, or retiring. Transferring funds from a 401(k) to an IRA while you're still employed with the 401(k) sponsor is known as an in-service rollover. It lets a current employee shift some or all of their assets from a 401(k) to an IRA without taking what the IRS calls a distribution, which might be subject to taxes. Not all employers allow in-service rollovers but many do. Some employer plans allow a certain percentage of the balance to be rolled out of the plan, and some have a minimum length-of-service or age requirement before you can initiate a rollover. You might consider an in-service rollover because with a 401(k) you typically have limited control over the types of assets you can hold.
Transferring some or all of your 401(k) funds to a personal IRA can open up more options for your assets. For instance, you might be able to put money into alternative assets like precious metals. Furthermore, an in-service rollover enables your personal financial advisor to provide more hands-on help since at least some of your assets are in an IRA that you control and not in a 401(k) that comes with strings attached. Plus, if your 401(k) plan has high annual fees you can minimize your costs by rolling your 401(k) money into an IRA with a lower-cost fund company. On top of that, you might be permitted to make tax-free withdrawals from an IRA that you wouldn't be able to make from a 401(k). Talk to your family and financial planner to see if an in-service rollover makes sense for you. If it does, reach out to U.S. Money Reserve. We can share more about the next steps and your precious metals IRA options.
Click the link in the description to request your free Precious Metals IRA information kit. It's full of everything you need to know about getting started on your Self-Directed Precious Metals IRA today..
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Here’s How to Roll Over Your 401(K) Into a Gold IRA
Jason 0 Comments Retire Wealthy Retirement Planning
Among the benefits of rolling over a 401K into a gold IRA are that the IRA could: Offer more portfolio diversity Provide a hedge against inflation Carry less inheritance restrictions And make you eligible for a saver's tax credit. Because gold prices generally move in the opposite direction of paper assets, adding a gold IRA to a retirement portfolio provides an insurance policy against inflation. Potential disadvantages of 401K plans include: Limited asset options Hefty account fees and penalties for early withdrawal. In order to roll over a 401K into a gold IRA first, you need to establish a self directed IRA through a trustee or custodian.
Once the gold IRA is setup, you can begin a 401K rollover. Through an indirect rollover you pull your money from the 401K and then deposit it into the gold IRA. A direct rollover lets you automatically transfer the 401K funds to the self directed IRA without having to handle the money on your own. When the 401K is closed, the 401K manager will send a check to either you or the custodian of your gold IRA. That money can then be used to buy physical gold or other precious metals. This federally approved trustee or custodian then stores those precious metals on behalf of the account holder. U.S. Money Reserve can get you started with a 401K rollover. Call today to discuss your specific retirement needs, and click the link in the description to download your free gold information kit which will provide you with important information you should know about adding precious metals to your diversified portfolio.
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