An Individual Retirement Account, or IRA, can be an invaluable way to save for retirement while taking advantage of tax advantages. As with any investment vehicle, however, IRAs do come with restrictions…
Category: Blog
Are Gold Coin Sales Reported to IRS?
Precious metal dealers must report customer purchases that involve payments of $10,000 or more made with cash as part of a preventative measure against money laundering activities. Certain transactions must be reported…
Utah Gold Depository
No matter if your precious metals are located at home or stored with a bank-controlled account, you should remain cognizant of their risks of theft and harm. Proper storage facilities will protect…
Rolling Over a 457(b) to an IRA
Eligible 457(b) plans offer flexible investment options and creditor protection; however, when withdrawn they become taxable income that must be declared. Rollover to an IRA may provide tax benefits and streamline retirement…
Does Vanguard Have a Gold IRA?
Vanguard is a trusted name in retirement investing, but they do not provide gold IRAs. Instead, they focus on more conventional investments like stocks and bonds. They recognize precious metals’ diversifying power…
How Much Gold Can I Sell Without Reporting to IRS?
investors seeking to avoid taxes on precious metal purchases may become duped by dealers who promote cash reporting thresholds and 1099 forms as tax avoidance strategies. According to IRS regulations, dealers are…
What is the Best Way to Store Gold and Silver?
Protecting gold and silver investments is an integral component of owning precious metals, and this article explores different storage solutions so you can make an informed decision that will maximize returns for…
How to Spot Fraudulent Investors
Fraudsters use various tactics to convince victims to invest their funds with them, including: Many fraudsters impersonate investment professionals or brokers. They create fake testimonials or use artificial intelligence technologies to make…
How Does a Self Directed IRA Work?
Self-directed IRAs provide an excellent way to diversify your retirement portfolio and invest in alternative assets, including real estate, debt instruments, private equity funds and precious metals. SDIRAs are subject to regulation…
How Do I Rollover My 401k to an IRA Without Paying Taxes?
Rollover distributions from most employer retirement plans into an IRA without incurring taxes if completed properly, including your 401k, 403b and 457 plans as well as those from previous jobs or IRA…