More and more Americans are turning to a Gold IRA because they combine the time-tested security of a physical asset with the modern, tax-advantaged features of an Individual Retirement Account (IRA).
Getting back on the road to financial security is simple – just call our precious metals IRA experts at 855-GOLD-IRA (855-465-3472) to get a free, no obligation consultation and learn more about opening a precious metals IRA.
Owners of a Traditional, SEP, or Roth IRA, may transfer all or any portion of their account to a Goldco Gold IRA. Investors holding a 401(k), 403(b), 457, TSA, TSP, pension or other qualified retirement plan, may be eligible to do a full or partial rollover, depending upon the plan rules.
Precious metals help protect investment dollars against adverse economic, environmental, monetary and political conditions. Gold and silver have historically been viewed as the ultimate assets to preserve wealth, and many shrewd investors have chosen to safeguard their portfolios by hedging with gold and silver. If you share these concerns, then the ownership of precious metals, once a benefit afforded exclusively to the ultra-wealthy, can now be yours.
IRA to IRA transfers have no tax consequences as long as the funds are transferred to and from the same type of IRA (i.e., Traditional to Traditional, Roth to Roth). A rollover from an employer-sponsored plan such as a 401(k) to an IRA is also allowed and is a reportable event, but not a taxable one. The experts in the Gold IRA Department will take the necessary steps to ensure eligibility based upon the rules that govern the plan and to ensure that there are no tax consequences to you.
The rules for distributions from a Gold IRA are the same as with any other IRA. Once
you reach age 59 ½, you may take distributions without the 10% penalty assessed by the IRS for early withdrawal, and required minimum distributions begin in the year you turn 70 ½. Unlike an IRA invested in paper investments, a distribution from a Gold IRA does not require the investment to be sold in order to take a distribution. The Gold IRA gives you the advantage of having the physical gold and silver held in your IRA account shipped directly to you as a distribution. If you need a liquid distribution, Goldco Precious Metals can help you convert your metals into cash for distribution by wire or check.
Getting started with Goldco Precious Metals is as easy as 1, 2, 3. Simply call one of our experienced Precious Metals IRA experts at 855-GOLD-IRA (855-465-3472), and together we’ll walk you through the process of starting a Gold IRA. Your personal IRA expert will make sure you understand every step of the process.
Your Gold IRA specialist will do all the heavy lifting for you. They’ll complete all the required paperwork, phone calls, and transfer requests, leaving you with not much more than signing on the dotted line.
When you transfer at least $25,000 into your Gold IRA with Goldco, we’ll pay for your storage fees for up to 3 years.
Yes. You will actually own a specific quantity of coins — not certificates, stocks, mutual funds, or ETFs, etc. You will receive a quarterly statement containing a list of your account holdings and may also sign up for twenty-four hour online access.
Once you have decided that a Gold IRA is right for you, you will speak with a Goldco Gold IRA Specialist who will prepare all the documents for your approval and arrange to have them sent to you and returned to Goldco. We will then process the documents to have your new account set up and the funds transferred from your current account.
There is a Transfer Request form or plan specific document that we will prepare for your review and approval, which will be included in your document package.
Typically a direct transfer of funds from an existing IRA or from an employer sponsored plan, such as a 401(k), into a Gold IRA, does not have any tax consequences. Your Goldco Gold IRA Specialist will confirm the eligibility of the funds for transfer and make certain that it is a non-taxable event.
Goldco has strategic relationships with the most respected providers of custodial and storage services in the country and will furnish you with our recommendations. Each is fully insured.
Distributions may be taken in one of two ways: shipment of metals, referred to as an “in-kind” distribution; or liquidation and distribution by check or wire. At age 59 ½, either option can be requested without penalty.
No. The metals placed into your Gold IRA are yours and yours alone. They are your assets until you sell them or take them as an in-kind distribution.
Yes, the same IRS guidelines for annual contributions apply to your Gold IRA as with any other IRA.