In the past, IRA accounts have primarily included stocks, bonds, and other paper currency-backed assets like US Treasury Bills and mortgage-backed securities (MBS). Now, investors and retirement savers can have the security of an IRA account backed by physical gold and other precious metals through a gold IRA rollover.
This type of account is ideal for first time investors seeking the security of physical gold and other precious metals, as well as individuals with existing retirement accounts, including existing IRAs, 401(k), 403(b).
For generations, gold has been a trusted form of currency, and a secure way to store and protect wealth. Gold IRAs have become an important way for individuals to diversify their assets, and reduce the effects of inflation on retirement savings.
Rolling over your existing IRA is a straightforward and easy process. You can choose to transfer all, or just a part of your existing IRA, with a tax-free transaction. Many retirement savers have accounts other than IRAs that may qualify for a tax-free conversion to a Goldco Gold IRA account, including 401(k), 403(b), Pension and TIAA CREF plans.
When you’re ready to open a gold IRA, or even if you just have questions, Goldco Precious Metals will be there to make sure you have the information and resources you need to make a decision that is best for your personal situation. Call Goldco Precious Metals at 855-GOLD-IRA (855-465-3472) to talk with a gold IRA rollover expert for more details about how to put this opportunity to work for you.
A Gold IRA rollover can contain two types of physical gold: coins or bullion. Adding each type of gold to your IRA or retirement fund is regulated by two sets of rules established by the IRS.
Prior to 1998, the Internal Revenue Service (IRS) limited individuals with IRA accounts to using only gold and silver American Eagles when they wished to include precious metals in their retirement accounts. Beginning in 1998, a change in the tax code permitted everyone to begin holding more forms and denominations of gold and silver, along with new precious metals, including platinum and palladium. Now, anyone with an approved precious metals IRA account can hold coins and bars of gold, silver, platinum and palladium bullion that are minted at a specific threshold of fineness.