August 31, 2023 |

What Are The Approved Precious Metals?

Gold and Silver Proofs 2

IRA-approved precious metals are specific gold, silver, platinum and palladium—bullion bars and coins—that meet stringent standards set by the IRS. Therefore, you can hold them in an individual retirement account.  Understanding what are the four precious metals eligible for an IRA may help you decide which metals are right for you.  To help ensure the long-term health of your individual retirement account, the IRS puts strict guidelines on the purity, condition, and origin of allowable precious metals. Eligible coins must:  Originate from government mints Be... Continue Reading

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August 29, 2023 |

How Are Precious Metals Similar to Gems?

Gold Egg

Harvested from deep inside the earth, both precious metals and gems have existed in tandem for as long as we’ve been able to extract them.  So, how are precious metals similar to gems? These elemental cousins share many properties that have made them valuable throughout history.  Mother Nature’s gifts have not only adorned the necks and wrists of royalty, both have been used to help innovate technology and advance mankind.  In our modern world, we still look to gems and precious metals for their beauty,... Continue Reading

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August 27, 2023 |

How to Find the Best Precious Metals IRA for You

the big picture

Once you’ve decided a precious metals IRA is right for you, the next step is to decide which precious metals make the most sense in your account.  This educational guide will help you: Assess your goals and risk  Evaluate eligible precious metals options Find a custodian A little understanding can go a long way. We are happy to help you on your journey toward achieving your goals.    Assessing Your Investment Goals and Risk Tolerance  The first step toward successful investing is to understand your... 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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August 23, 2023 |

Gold IRA Tax Rules: How is Gold Taxed in an IRA

investment in gold

First things first: Gold IRA tax rules and regulations are identical to those that govern the traditional IRA you may already own or are familiar with.   Understanding the Gold IRA tax rules for 2024 and beyond is essential for investors. Otherwise, you might incur costly penalties and expensive tax consequences.  Gold IRAs are taxable, and the type of IRA you choose determines how and when the IRS taxes your account. The three different types of Gold IRAs are:  Traditional IRA  Roth IRA  Simplified employee pension... Continue Reading

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August 17, 2023 |

How to Find the Best Precious Metals IRA for You

Gold Fine

Once you’ve decided a precious metals IRA is right for you, the next step is to decide which precious metals make the most sense in your account.  This educational guide will help you: Assess your goals and risk  Evaluate eligible precious metals options Find a custodian A little understanding can go a long way. We are happy to help you on your journey toward achieving your goals.  Assessing Your Investment Goals and Risk Tolerance  The first step toward successful investing is to understand your goals.... Continue Reading

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July 22, 2023 |

How Does a Precious Metals IRA Work?

strength in gold bars and coins

A precious metals IRA works almost exactly like the individual retirement account that you may already have.  The big difference is a precious metals IRA is self-directed—meaning you pick and choose what you want to own—and you can own physical assets, as well as paper assets inside of the plan.  You have control over what you want to own and how much.  What Are Precious Metals?  Precious metals are rare metals that have a high economic value.  Rare metals are typically malleable, highly conductive, and... 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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July 18, 2023 |

How to Invest in Precious Metals

The world seems topsy-turvy these days. We understand the world can feel filled with bad news lately and peace of mind can feel elusive to many people. That’s why more and more investors are going back to basics and turning to precious metals as the foundation and anchor of their portfolios.  Having been used as currency and recognized as valuable for thousands of years, some modern investors are clearly seeing what others before them saw—that precious metals can be a great way to store value... Continue Reading

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June 30, 2023 |

Rules for Silver IRA investing

Silver Gold Bar

A Silver IRA allows you to invest in physical silver—bars and coins—inside of your individual retirement account.  First established in 1997, the Silver IRA has become the go-to for those looking to invest in silver with the funds they already have in their traditional, Roth, or SEP IRA. If you’re interested in opening a Silver IRA, you’ll work with a highly trained account executive. This individual will walk you through the simple application process, educate you on what silver is eligible, and ensure that all... Continue Reading

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