Many traditional IRAs provide an array of investment options that can help you construct an appropriate retirement portfolio, but investing in precious metals is more complex. There are numerous reputable companies that…
Category: Blog
Which is the Best Gold ETF to Invest In?
Many investors are turning to gold as part of their portfolio strategy, due to its multiple advantages: It protects against inflation, it is uncorrelated to stocks, and can increase in value during…
Can You Buy Bitcoin With a Rollover IRA?
Bitcoin offers high returns. Since 2017, its price has surged over 2,000% and serves as an effective hedge against inflation. Furthermore, being decentralized and unaffected by central bank policies make Bitcoin an…
Do Gold Sellers Report to the IRS?
Precious metal investments offer investors passive income generation; that is, profits are generated solely based on market movements without requiring further work from them. Therefore, under IRS policy precious metal dealers are…
Are Self-Directed IRAs Going Away?
Self-directed IRAs allow investors to invest in alternative assets such as real estate and precious metals that may be riskier or more complex to manage than conventional investments. Before investing, it’s essential…
Should You Invest in a Gold IRA?
Gold IRA investments do not typically generate consistent income like stocks do; however, reputable precious metals IRA providers should provide clear details regarding fees and costs upfront. Physical precious metals like gold…
Should I Move My 401k to Gold?
A 401(k) can be an easy and efficient way to save for retirement, but its limitations can limit its usefulness. Those looking for more diversified portfolios might wish to consider opening a…
The IRA Tax Trap
As people retire, they face numerous tax rules that can lead to unexpected outcomes. Social Security retirement benefits are partially taxable while required minimum distributions (RMDs) start as soon as you turn…
Can an IRA Be Self Directed?
IRS rules regarding what can and cannot be invested in by Roth IRAs can be more complex, with penalties that include taxes and penalties being much heavier if any violations occur. IRS…
Can I Buy an Asset From My Self Directed IRA?
Staying within IRS rules can save you from serious penalties, which include prohibiting transactions such as investing in real estate that you live in or contracting services with an IRA-owned property. To…