Lee Baker was not receiving many inquiries about gold investment before. Now it seems as if more and more clients are reaching out with inquiries about purchasing metal assets. Physical gold can…
Category: Blog
How Do I Set Up a Gold IRA?
Gold and other precious metals have their own special regulations for holding them in an IRA account, such as depositing them with an IRS-approved depository rather than keeping them at home or…
Who Is an IRA Trustees or Custodian?
Custodians typically consist of banks, financial institutions or trust companies and limit assets held within an IRA to low-risk investments such as mutual funds, stocks and bonds. However, some custodians offer alternative…
What Happens to a 457b After Leaving Job?
The 457b can be an invaluable asset to physicians, educators, and non-profit workers who wish to increase their retirement savings tax-deferred. However, there are specific rules pertaining to its usage once an…
Should I Have Gold in My Retirement Portfolio?
Gold has historically proven itself an excellent way to guard against inflation and currency devaluation. Furthermore, it can add diversification and balance to your retirement portfolio. Before incorporating gold into their retirement…
What is the Best Thing to Do With an Inherited IRA?
If you inherit an IRA, it is crucial that you carefully consider all your options – the wrong decision could cost a great deal in taxes and penalties. Nonspouse beneficiaries have several…
Are There Fees For an IRA?
Answers will depend on your IRA provider and how you use it. Fees could apply when opening or closing accounts or trading securities within your IRA. Fees charged to an IRA account…
What Are Considered Traditional IRAs?
Traditional IRAs provide tax savings up front while tax-deferred growth. Withdrawals may become taxable upon retirement. Dependent upon your income, contributions made may qualify for tax deduction. This may prove especially advantageous…
How is GLD Taxed in IRA?
IRAs are tax-deferred investment vehicles for retirement savings. You can invest in precious metals using either a traditional or Roth IRA. Investing in precious metals is a great way to diversify your…
Can You Access Your Retirement Savings Without Paying a Penalty?
Your retirement savings may be accessible without incurring a penalty if certain conditions meet specific criteria, including medical issues or unanticipated life events or emergency needs. The 10% penalty is designed to…