We believe strongly in the merits of physical gold ownership. Regardless of whether you buy gold coins and stash them at home or you buy gold bullion bricks and have them stored in a depository, the most important thing is that you actually own physical gold bullion.
Having a stash of gold bars or coins at home or in an accessible location nearby certainly has some positives. It can provide comfort, peace of mind and you can “keep your eyes on it.” At the same time, however, storing gold at home comes with some risks. These risk include:
- Risk of loss
- Risk of theft
- Potential security risks
- Risks during transport
- May only have limited quantities
Chances are, if you are looking to build a significant gold portfolio, you are not going to want to store all that gold at home. You will likely have to use a safe deposit box or have your gold shipped to a depository. There is a solution that can take care of all these risks at once.
Using Your IRA Account Can Solve Multiple Problems At Once
A precious metals IRA may be the perfect solution. When you purchase gold, silver, or other precious metals within your IRA account, your metals are required to be stored in an approved depository. Not only that, but you don’t have to worry about shipping them. Because you don’t need to be hiding gold bars in your bedroom closet, you can also acquire as much gold bullion as you can comfortably afford or desire to. Approved precious metals depositories, such as the Delaware Depository, utilize state of the art security systems and constant surveillance. Your precious metals may even be insured against loss by the depository. This provides a great deal of peace of mind and you can rest easy knowing your gold is safe.
Possible Tax Advantages
Making investments within your IRA account may allow you to defer taxes on a portion of your income while also deferring taxes on any monetary gains made on those investments. An IRA account can help you with your retirement goals and can help you build your future and a future for your heirs. What better way to help secure your financial future than by owning physical gold bullion? We are not tax advisors and no tax advice is being given or implied. For any tax related questions or concerns, please consult your tax professional.
Benefits Of Owning Physical Precious Metals
We believe that the potential benefits of owning physical precious metals within your IRA are numerous and should be carefully considered. In summation, these possible benefits may include:
- Secure storage
- Shipping handled by dealer and custodian
- Possible tax advantages
- The ability to diversify your holdings
- Peace of mind
- More buying power
- Overall convenience
If you do not own precious metals in your IRA, or if you have an old 401k simply sitting around, now is the time to consider a precious metals IRA. The process of setting up a gold or silver IRA has never been easier than it is today. We can show you how. Speak with an Advantage Gold account executive today. Our professionals are here to help and can answer any questions you may have about physical gold or silver investments. Don’t wait for gold prices to rise from current levels. Take advantage of current gold prices today.