Gold and silver coins are popular investments among investors looking to diversify their portfolios, but it is crucial that they fully comprehend the tax implications associated with such purchases before making their…
Category: Blog
How Many Grams Is a Gold Lira Coin?
Gold Lira coins are highly sought-after among coin collectors worldwide and make for an intriguing addition to any precious metal portfolio. Unfortunately, however, they do not meet the IRS’s high standard for…
Can I Roll My IRA Into Gold Or Silver?
Rollovers allow your traditional, Roth or SEP IRAs to invest in precious metals like gold. This process is known as rollover. Be wary of overpriced gold IRA companies using conservative celebrity spokespeople…
How Much Should IRA Fees Be?
Studies reveal that Americans spend too much on fees associated with their 401(k)s and IRAs, according to one research report. Though seemingly minor at first, the fees eventually add up over time….
Can Gold Be Held in an IRA?
Gold investments are increasingly popular for those seeking to diversify their retirement portfolio and protect themselves during economic downturns. Before investing in gold, however, some key questions must be asked and answered…
Can I Buy Gold For an IRA?
IRAs can be used to invest in various securities. However, investors must remember that all investments come with some degree of risk. If you withdraw the funds before reaching age 59.5, any…
Can I Use My IRA to Buy Gold?
Gold is an increasingly popular investment choice for retirement portfolios. It can help diversify a portfolio while protecting against inflation and market volatility. An IRA can purchase physical precious metals provided that…
Can You Hold Gold Coins in an IRA?
IRAs are popular investment vehicles for providing tax advantages at retirement age. Unfortunately, the IRS has regulations prohibiting investments in collectibles such as metals which could prove costly if withdrawal is taken…
How Can I Sell My Gold Coins Without Paying Taxes?
When selling gold jewelry, any profits must be subject to tax due to its collectible status with the IRS. Your basis can either be the original price paid for the gold or…
Can You Transfer Your IRA to Gold?
Reputable precious metals IRA companies make switching and rolling over your IRA into gold easy. Their experienced staff can assist with selecting physical precious metals that best match your retirement plan as…