Investors who store their gold IRA at home violate IRS rules and could face distribution penalties; additionally, their tax benefits will no longer apply since the gold will no longer be in…
Category: Blog
Should You Open an IRA at a Bank Or Credit Union?
When looking to open an IRA, it’s essential that you understand all your available options. Finding the right provider could lead to higher rates and long-term gains. An IRA at a brokerage…
Why Buying and Storing Gold at Home is Not a Great Idea
Storage at home involves additional costs due to needing a safe, security system and additional insurance policies to guard against theft and natural disaster – making the cost more prohibitive. As much…
How Do I Add Gold Coins to My IRA?
Gold can be an attractive asset to diversify a retirement portfolio. But owning physical precious metals may prove more complex. Coins eligible for inclusion in an Individual Retirement Account must meet certain…
How Reliable is the Elliott Wave Theory?
Elliott wave theory indicates that stock market prices move in predictable up-and-down cycles that reflect investor psychology and are divided into impulsive and corrective waves. Fractal theory states that smaller patterns fit…
How Do I Avoid Taxes With a Self-Directed IRA?
Self-directed IRAs may provide more freedom than traditional retirement accounts, but with that freedom comes responsibility. Any violation of any of the many rules that govern self-directed IRAs could put you in…
Can I Invest My IRA in Gold?
Physical precious metal investments can provide your retirement account with diversification benefits. However, it’s essential to be familiar with the rules governing your Individual Retirement Account (IRA). For instance, an IRA cannot…
Can You Buy Gold in a Roth IRA?
IRAs are tax-advantaged retirement accounts. You can contribute any of the earnings you’ve accumulated through work or self-employment into an IRA – this may include wages, commissions, tips bonuses and taxable fringe…
What is a Good Rate for a Roth IRA?
Roth IRAs provide powerful retirement savings tools. Over time, their returns compound and can increase exponentially; however, not all banks, brokerages, or robo-advisors provide access to an equal selection of Roth IRA…
Medallion Stamps and Medallion Signature Guarantees
Medallion stamps are special certifications that guarantee endorsement of documents when transferring securities or assets, such as bank shares. You can obtain medallion signature guarantees from banks that participate in the STAMP…