Withdrawals made prior to age 59 1/2 are subject to taxes and a 10% penalty–draining away some of your tax savings over time. But there may be exceptions: Roll your IRA money…
Category: Blog
How Does a Gold IRA Rollover Work?
An IRS-approved gold IRA rollover enables you to move funds from an existing retirement account into one that holds precious metals as an effective means of diversifying and protecting against inflation and…
Are Gold IRAs a Good Investment?
Gold IRAs are tax-advantaged retirement accounts that allow you to invest in physical precious metals. They’re subject to the same rules as other IRAs, including contribution limits and required minimum distributions at…
Should I Invest in a Gold IRA?
Before opening a gold IRA, investors should carefully assess its risks and costs. A reliable custodian should offer competitive gold prices without charging additional fees, as well as offer impartial customer education…
Can I Take Possession of Gold in My IRA?
Physical gold and silver must be stored with an IRS-approved depository, but this costs money and involves potential risks. As a result, most IRA investors opt to work with a third-party custodian/depository….
What is a Non-Bank Custodian?
All Individual Retirement Accounts (IRAs) require a custodian, such as banks, credit unions, savings and loan associations or trust companies approved by the Internal Revenue Service. Custodian banks provide safekeeping of financial…
Do I Need a Custodian For a Self-Directed IRA?
With self-directed custodians such as uDirect and Rocket Dollar, investors gain control of their account for lower fees – but it is up to account holders to do their due diligence on…
Is Buying Gold a Good Retirement Plan?
Before adding gold to your retirement plan, there are a number of key considerations you must bear in mind. Take into account your investment goals, risk tolerance and overall portfolio diversification needs…
Dave Ramsey Recommends Investing in Gold and Silver
Precious metals can be an effective savings strategy and may help ease financial stress over time. Before purchasing gold and silver investments, it is wise to conduct proper research and consult financial…
Is an IRA Custodian a Fiduciary?
Investors should look for custodians that are regulated financial institutions with experience managing self-directed IRAs and offer an array of investment options and fees. Custodians must act in their clients’ best interest…