Posts by Chelsey Jenkins

September 13, 2023 |

How to Move Your 401(k) to Gold Without Penalty

Gold has been a highly valued, highly sought-after asset since the days of ancient civilizations. Today is no different. With inflation soaring, and purchasing power decreasing, many investors might wonder how to move a 401(k) into gold without penalty. Read along and learn: The different types of 401(k) How to convert 401(k) into gold How a gold IRA works The benefits of a Gold IRA Hopefully, you will see how easy it is to start protecting your investments with a Gold IRA. What Is a... Continue Reading

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August 25, 2023 |

What Is a Self-Directed Precious Metals IRA?

Gold umbrella

A self-directed precious metals IRA is an individual retirement account that allows for ownership of physical assets—including gold, silver, platinum, and palladium.  Commonly referred to as a Gold IRA or Silver IRA, the precious metals IRA is a favorite among investors seeking an alternative to paper-based investment vehicles.    Understanding Self-Directed Precious Metals IRAs  The self-directed precious metals IRA is a lot like the IRA you may already own.  A self-directed plan differs from a typical plan in that it allows for ownership of physical... Continue Reading

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July 20, 2023 |

How to Open a Precious Metals IRA

Gold Coin Plant

Many investors—just like you—are looking to expand and protect their retirement accounts.  Whether you have questions about how to protect your assets from inflation, geo-political turmoil, or an impending recession, you may find that a precious metals IRA is a potential solution.  From detailing how to open a precious metals IRA, to educating you on what is a precious metals-backed IRA, this guide will arm you with the knowledge to move forward.  What is a Precious Metals IRA?  A precious metals IRA is a self-directed... Continue Reading

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June 1, 2023 |

How Does a Gold IRA Work?

Gold Bullion

By now, you’ve heard of a Gold IRA and you may be asking yourself: how does a Gold IRA work? A Gold IRA is similar to any other individual retirement plan (IRA) in that it allows an investor to plan for the future and invest on either a pre-tax or after-tax basis. A Gold IRA, however, includes real, physical gold coins and bars as an investment.  Traditionally, an IRA is a plan that holds paper investments like stocks, bonds, exchange traded funds (ETFs), and treasury... Continue Reading

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May 19, 2023 |

What Is a Gold IRA Rollover?

A Gold IRA rollover occurs when a 401(k), or similar account, is converted, tax free and penalty free, into the type of individual retirement account (IRA) that allows ownership of physical gold within the plan. A Gold IRA rollover differs from a Gold IRA transfer in that a rollover moves funds from one type of plan (401K) to a different type of plan (IRA). A transfer moves funds from one type of plan (IRA) to the same type of plan (IRA).  Even though the two... Continue Reading

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