Stated simply, a Gold IRA is an Individual Retirement Account that includes certain physical gold and silver coins and bars in the account.
These approved precious metals are held in custody for the benefit of the IRA account owner in a secure depository, so you don’t take physical possession of the coins and bars.
A Gold IRA helps to diversify your retirement assets and hedge market risks with this powerful combination:
- A tax-deferred retirement account
- Physical precious metals
- Guidance and support from a trusted industry leader
Physical gold and silver are recognized diversifying tools that savvy IRA investors can use to their benefit to help secure their retirement future.
Like a traditional IRA, our Gold IRA enables you to put pre-tax or tax deductible money in and invest it in tangible precious metals. Just like traditional IRAs, your money can grow over time tax-free until withdrawal.
When you reach 59.5 years old, you can withdraw it without penalty and simply pay taxes on the amounts withdrawn. However, we suggest you consult with your tax advisor to assess your specific situation to be sure.
Our Gold IRA lets you potentially:
- Enjoy the diversification power and safe-haven asset status of precious metals in your retirement account.
- Lower your current tax bracket as the money you contribute is tax-deductible. If you are in one of the higher tax brackets and do not qualify for a Roth IRA, you can still invest in a Gold IRA.
- Invest more money for retirement because taxes are not deducted from the original investment capital.
Saving for retirement is essential for your happiness in your golden years. Planning ahead for any eventuality, whether stock market crashes, inflation or geopolitical uncertainty, is a must-have part of your planning process.
By adding gold and other precious metals you can add diversification and luster to your retirement picture, helping iron out the inevitable bumps in the road that can occur.