Discover the Best Gold Backed IRA Available Today

  • Self-directed IRAs are a type of individual retirement account that allows investors to make alternative investments such as precious metals, real estate, private mortgages, and tax liens.
  • Self-directed IRAs differ from traditional IRAs in that investors, not the IRA custodian, make investment decisions.
  • Self-directed IRAs allow investors to diversify their holdings into asset classes like precious metals that may perform better than traditional IRA investments.

Many investors are unhappy with the performance of their IRA investments. While there hasn't been much change in terms of the overall performance of IRAs when compared to stocks, bonds, and other asset classes, there have been some notable improvements in terms of the types of investments that are available.
Historically, IRA investments have been limited to stocks, bonds, mutual funds, and exchange-traded funds. However, with the growth of precious metals, a new type of IRA investment has emerged.

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What Is an IRS Approved Gold IRA?

An IRS approved gold IRA is similar in operation to a standard IRA. You open and fund the account with assets and make annual deposits, just as with any IRA. The big difference is that you invest those assets in (or, at least, hold those assets in) physical gold or other precious metals. The gold IRA is a self-directed IRA, meaning that you are in charge of choosing which precious metals to invest in.

Traditional IRAs

Traditional IRAs are tax-deferred accounts that hold assets such as stocks, bonds, mutual funds, and real estate. With a traditional IRA, your yearly contributions are made pre-tax, and your distributions in retirement are taken as a lump-sum, taxable distribution.
Gold IRAs, including these Gold IRAs, are a subcategory of IRAs that hold physical gold, silver, and platinum bars. The benefit of these accounts is their exemption from federal taxes.

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Free Gold IRA kit

Roth IRAs

A Roth IRA is a retirement account, that can be set up at a bank, brokerage, or mutual fund company, that allows earnings to grow tax-free.
Money that is deposited may be withdrawn at any time without penalty, but it must be withdrawn no later than age 59 1/2. After age 59 1/2, earnings may be withdrawn without penalty.

Gold IRAs

Precious metals are prized by investors worldwide because they act as hedges against inflation. Gold, silver, platinum, and palladium are precious metals that have been used as money throughout history.
Gold is a precious metal that has been used as a means of money for centuries. It is among the most liquid of all commodities and is widely accepted worldwide. Historically, gold's value has been tied to the value of the U.S. dollar.

Gold's value has fluctuated over its history, but its value has been rising recently. Gold prices hit a record high in 2011 at $1,921.90 per ounce.

best gold backed ira

Golden Nugget IRA

Golden Nugget IRA is a leader in the precious metal IRA industry. It offers investors a wide variety of investment options, including precious metals, stocks, ETFs, and mutual funds. The account setup is simple and the fees are competitive.
Bidvest Wits Gold Bullion IRA
Bidvest Wits Gold Bullion IRA makes it easy for investors to buy gold through their IRA. The account is insured and professionally managed. The account is available to investors in all 50 states.

Regal Assets IRA
Regal Assets IRA offers a large variety of investment options. The account offers assets such as gold, silver, stocks, and mutual funds. The account is insured and professionally managed by Regal Assets IRA. The account is available to investors in all 50 states.

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Gold IRA: Should You Open One To Save For Retirement?

The Bottom Line

Gold is a great investment in an IRA, and using a gold IRA is a way to diversify your portfolio and protect yourself against future inflation. The risks are lower in gold than in other investments, as gold is a finite resource. Additionally, the fact that gold is so stable makes it an attractive investment.