If you’re thinking about purchasing a gold annuity, be sure to conduct a background check of your financial advisor with Brightscope in order to avoid fraud. Brightscope allows for such checks. American…
Category: Blog
Can You Hold Precious Metals in an IRA?
Self-directed IRAs allow you to hold physical gold and silver bullion, or invest in precious metals through exchange-traded funds (ETFs) that track their value; you can also invest indirectly via ETFs and…
Can I Transfer My 457 to a Roth IRA?
A 457 deferred-compensation retirement plan is a nonqualified, tax-advantaged deferred compensation retirement plan available to certain governmental and nongovernmental employers in the US. Employees may invest their earned income pretax or posttax;…
Rolling a 529 Into a Roth IRA
Withdrawals of 529 funds used for nonqualified expenses will incur income tax and a 10% penalty; however, you are permitted to change the beneficiary of your account without incurring an additional penalty….
Why Does the IMF Have Gold?
Gold holdings of the IMF are seen as providing an essential pillar of global financial stability. Gold was central to the first international monetary system established through international agreement after World War…
Can I Cash Out My IRA?
Recent changes to IRA withdrawal rules have created considerable confusion, so for further guidance you should seek guidance from either the IRS or financial advisor. Distributions made from an IRA prior to…
Can You Hold Gold in a Roth IRA?
Gold IRAs can be an excellent way to protect retirement savings against inflation and economic uncertainty, yet you should carefully evaluate all fees associated with investing in such an account before making…
Can You Invest in Crypto Through an IRA?
Now that cryptocurrency mania is dominating headlines, many are wondering whether they can invest in this new asset class. The answer lies within your reach if you consider self-directed IRA (SDIRA). Before…
Should I Convert My IRA to Gold?
Addition of gold to an IRA involves either transferring it from another account or working with a reliable gold IRA company that can assist in this process. Once this process is completed,…
How Do I Put Precious Metals in My IRA?
Precious metals like gold, silver and platinum can serve as excellent diversifiers for IRA portfolios. Investors see precious metals as physical investments that they believe can outstrip stocks in times of market…