Can I Set Up a Self-Storage Gold IRA?
A home storage gold IRA is similar to a regular IRA, except that you can invest in precious metals like gold and silver. This type of IRA offers several advantages over traditional IRAs, such as allowing you to diversify away from the stock market. Unlike a traditional IRA, which invests in stocks, bonds, mutual funds, […]
IRA-Eligible Gold: What Is It and How to Add It to Your Retirement Plan
IRA eligible gold is gold that meets Internal Revenue Service standards for inclusion into a Self Directed Individual Retirement Account. This includes physical gold, silver, platinum, palladium, and other precious metals. Some examples include Krugerrands, American Eagles, Canadian Maple Leafs, and Mexican Silver Libertadores. Many people consider gold a safe haven during these uncertain times. […]
Gold IRA: The Benefits and Drawbacks
Gold IRAs are similar to traditional retirement plans like 401k plans and Roth IRAs. They offer tax advantages and the ability to diversify one’s portfolio. However, unlike traditional retirement plans, gold IRAs do not require you to pay taxes on profits earned within the plan. Instead, investors must report gains on IRS Form 1099-DIV every […]