Gold IRA: A Pros and Cons Guide for Investors
August 20, 2022
There are many benefits to owning an individual retirement account (IRA). One benefit is that it allows you to diversify your investments. Another benefit is that it offers tax advantages. However, there are some drawbacks to owning a gold IRA, too. Here are three things you need to know about gold IRAs. Investing in Gold […]
Gold IRA: The Benefits and Drawbacks
August 8, 2022
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 […]