An individual Retirement Account (IRA) allows you to invest in physical precious metals such as coins and bullion. Funds may be transferred directly between custodians or through indirect rollover whereby funds can…
Category: Blog
Top 5 Gold IRAs
Gold IRAs offer an ideal way to diversify your retirement portfolio, providing protection from inflation and stock market instability. Investors should allocate between 5-and-10% of their retirement accounts to precious metals; the…
Should I Invest My IRA in Gold?
Gold is an increasingly popular retirement account investment, providing various unique advantages like protecting against inflation and creating an emergency fund. But gold may not be suitable for everyone; consult with a…
What is a Good IRA Management Fee?
Fees associated with an IRA can quickly diminish investment returns and raise the risk of running out of money in retirement. Therefore, it’s essential to understand exactly what it is you are…
Are Silver Bars IRA Approved?
Physical silver investment for your Individual Retirement Account (IRA) can be an easy and reliable way to diversify your retirement portfolio, but it’s crucial that you understand eligibility criteria in order to…
How Do I Report the Sale of Gold on My Tax Return?
Gold coins sold at a profit are subject to federal capital gains tax, levied by the IRS to ensure non-corporate sellers of precious metals declare their profits accurately. Physical gold is classified…
How to Avoid Gold Scams
Gold scams tend to target older adults. Scammers use high-pressure sales tactics and make false promises of guaranteed profits, all the while deceiving customers by misrepresenting weight measurements as opposed to using…
Which Type of IRA is Best?
Traditional and Roth IRAs provide tax-advantaged retirement savings. Evaluate investment options, fees and advice programs available at brokerage firms, mutual fund companies or robo-advisors before selecting one for yourself. Traditional IRAs offer…
How Much Gold Can You Buy Without Reporting It to the IRS?
Answering this question ultimately depends on the specifics of your purchase and any applicable legal considerations. In general, though, certain coins and bullion items must be reported to the IRS while others…
Can I Sell an Asset to My IRA?
Your IRA cannot co-invest with you or any disqualified person; however, DOL Advisory Opinion 2000-10A allows for some exceptions to this rule. Example: Your IRA could purchase real estate that could then…