Protect Your 401 (k) or IRA with Physical Silver and Gold

No Fees. No Penalties. Tax-Free.

You Will Receive (Absolutely Free):

  1. A Complete Rollover Guide
    Learn how to rollover your current retirement account into physical gold and silver tax-free, with no fees or penalties.
  2. Secrets of the Federal Reserve DVD
    This award-winning documentary will help you understand how the US monetary system and Federal Reserve work.
  3. Forbes Investment Guide
    This guide from Forbes will teach you to protect your retirement account from financial scandals and market crisis.
  4. The Untold Story of Gold
    Learn how the 2018 financial collapse changed the future of precious metals.

What is Gold IRA

Gold-IRA-Companies.com is committed to helping you make informed decisions so that you can ensure your financial safety. An IRA, which stands for “Individual Retirement Account,” is a part of many retirement plans. An IRA allows you to invest a certain part of your income. Depending on your tax-filing status and income, you may contribute up to $5,000-$6,500 per year.

These limits were introduced in 2016 in response to inflation. Such contributions are traditionally tax deductible. However, any contributions can bring returns on a tax-deferred basis, until you retire and decide to withdraw them.

Withdrawals from the IRA will be taxable if you start to withdraw at the age of 59 ½. If you belong to a lower tax bracket, you can delay this tax payment. Withdrawals become mandatory at the age of 70 ½. If you have different assets in your IRA, you can choose a certain asset and decide which amount of funds you want to withdraw, as well as when you’re going to do it. Another advantage of an IRA is that it isn’t associated with the customer’s workplace or employer. Every account is created for a particular person.

IRAs support various types of assets. The most common options are mutual funds, bonds, and stocks. However, self-directed IRAs allow you to hold other types of assets as well, including real estate and precious metals. You can invest in any asset type that is allowed by a custodian institution. Because of their subjective values, you are not allowed to hold collectibles (e.g. coins or antiques) and cash-value life insurance in an IRA.

According to research by the Investment Company Institute, about a third of Americans have some kind of an IRA. IRAs were established by the Employee Retirement Income Security Act (1974), and now they account for the biggest share of retirement assets. IRA retirement assets are worth $7.3 trillion in total, while defined contribution plans like 401(k)s totaled $6.7 trillion in 2015. As the popularity of employer-provided plans and pensions declines, IRAs become the most common investment tool.

How to Fund an IRA

  1. Contribution
    Most taxpayers are allowed to contribute up to $6,500 per year, in case of Traditional and Roth accounts. However, if you want to contribute more than $5,500, you should be over 50 ½ years old. If you have a SEP IRA, you can contribute either $55,000 a year or 25% of your income. There are also a few exceptions.
  2. Rollover
    You can also withdraw your money from one IRA and contribute to another one within 60 days. Such transactions are completely tax-free, with no penalties. The money is sent directly to the owner of the individual account, who should contribute it within 60 days. After this period, you will have to pay taxes. People with such employer-sponsored plans as 401k, 403b, and 457b, choose this option most often. You can do a rollover once a year for one account.
  3. Direct Transfer (Trustee to Trustee)
    The holder of an account transfers money directly from their current trustee to a new account. In this case, you don’t have to take funds or receipts, as money moves from one company to another. This method is tax-free and penalty-free. In addition, there are no restrictions regarding the amount of money.
    Keep in mind that you can only transfer money between two pre-tax accounts or two post-tax accounts. For example, you can transfer your money from an SEP account to a Traditional account, since they are both pre-tax, but Roth accounts can be transferred only to Roth.

You can withdraw your money from an IRA at any time. However, a withdrawal before reaching the age of 59 ½ leads to a 10% Federal penalty. Indirect rollovers should be completed within 60 days, they are penalty-free and tax-free.

What Retirement Accounts Qualify

  • Traditional
    Individual investors can contribute their pre-tax income that will grow tax-deferred, with no dividend income or capital gains. Depending on the income and other factors, investors can contribute up to $6,500. Such contributions are tax-deductible. After withdrawal, the money is taxed. One can withdraw money at any time (penalty-free if over 59 ½ years old).
  • ROTH
    ROTH accounts allow people to contribute their post-tax income (up to $6,500). It grows on a tax-deferred basis. Such money is not taxed upon withdrawal because all ROTH accounts are post-tax. The federal penalty applies if an individual withdraws money from an account that was created less than 5 years ago or before they reach 59 ½ years.
  • Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)
    This retirement plan can be created by self-employed people or employers. All contributions are tax-deductible. Individuals can only transfer money to SIMPLE IRAs or Traditional IRAs if accounts were established at least 2 years ago. Otherwise, the money will not be moved.
  • Simplified Employee Pension (SEP)
    This plan can also be created by self-employed people or employers. Contributions are tax-deductible. An individual should own a business, be a President, CEO, or self-employed worker. Transfers are possible between SEP and Traditional accounts, as well as between two SEP accounts. This plan allows individuals to contribute 25% of their income or up to $55,000 per year.
  • 401k
    This is an employer-sponsored plan. This is the most common type of retirement plans with a defined contribution. A rollover is possible only if you’re over 59 ½ years old or no longer work for your employer.
  • 403b
    The difference between this plan and the previous one is that 403b is a plan for nonprofit organizations. A rollover is possible only if you’re over 59 ½ years old or no longer work for your employer.
  • 457b
    If you’re an employee of a township, city, water district, park board, or another similar entity, your employer may offer a government deferred compensation plan. Such plans allow people to make pre-tax salary deferrals. The main advantage of this plan is that the 59 ½ rule doesn’t apply so you can withdraw your money without penalty at any age. However, the withdrawal will be subject to income taxation.
  • Tax-Sheltered Annuity (TSA)
    Tax-sheltered annuities are common in 403b plans. They allow an employee to contribute to a retirement plan from their income. Such contributions are deducted from the income and so not taxed until withdrawal. The employer can also make tax-free contributions, which allows employees to get additional tax-free money.
  • Thrift Savings Plan
    This is a plan for Federal government employees (both uniformed and civilian). A rollover is possible only if you’re over 59 ½ years old or no longer work for your employer. TSP uses their own forms for rollovers.

Why Should You Invest In A Gold Roth IRA?

In times like these, you should turn to a Gold Roth IRA to preserve your wealth and make a satisfying retirement possible. While others flock to the typical, tax-free contributions used by a variety of retirement investments, you can pay your taxes now and open up a future of possibilities. When you use gold as the basic investment in your IRA, the foundations of your retirement future become even firmer.

In case you do not remember, a Roth IRA differs from other IRAs significantly because contributors opt out of the chance to avoid taxation on their contributions. Other retirement investments allow depositors to sock away tons of cash without paying any taxes up front. However, these retirees will also spend the rest of their lives paying taxes as they withdraw funds from their accounts.

A Roth IRA depositor pays all of his or her taxes on every contribution. When the time comes to retire, he or she can remove funds at will without paying taxes. There is no need to worry about future tax rates.

How Is a Roth IRA Different from Just Investing My Money?

Some people think that this is no different from investing your money and enjoying the fruits of your portfolio later. A Roth IRA, though, is much more than a retirement plan. Since you have already paid Uncle Sam his portion, there are few restrictions on this IRA. You can make penalty-free withdrawals whenever you like. Furthermore, there are no penalties involved regarding required distributions based on age. You can retire whenever you want or never. You can even pass it on to a beneficiary. When you put gold in this IRA, the advantages increase significantly.

Why Put Gold in My Roth IRA?

A gold Roth IRA is the pinnacle of retirement investments. Not only do you get the advantages of a Roth IRA, you get the certainty of gold along with it. As advantageous as this IRA is, you will only profit from wise investment decisions. This precious metal is the wisest focus for your retirement deposits.

Gold is famous as a hedge against inflation. The wisdom of protecting yourself against inflation in the long-term should be obvious. Government money-printing is up and there is no question that the American dollar is losing its value. This is obvious in the prices of food and fuel. The number crunchers that analyze inflation feel free to ignore those numbers as too volatile but you cannot afford to ignore food and fuel prices when you consider retirement.

A gold Roth IRA prepares you for every eventuality. You are buying up a precious metal, which you can enjoy in retirement or pass on to your heirs, and the government will never be able to touch it. You have already paid the taxes on the money that you used to buy it. Inflation and administrations can come and go but the gold in this IRA will be yours to do with as you please. Investing in this opportunity is really the best way to escape the tax man and avoid the meddling hands of the government for decades to come.

What Kind of Gold Can I Put in an IRA?

You can put all kinds of gold in an IRA today. Physical gold is always an option but you can also invest in gold stocks or ETFs with your retirement funds. Given the right custodian, you do not even have to restrict your investments to US gold coins and companies.

The reasons to invest in a gold Roth IRA are overwhelming. When you think about it, it is hard to offer an argument against investing in this kind of retirement account.