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Gold IRA Investment is a means to invest in Gold or other qualifying precious metals for your retirement by the vehicle of an Individual Retirement Account
A gold IRA is a unique form of IRA (Individual Retirement Account) that allows people who wish to invest in Gold and other qualifying precious metals to purchase them and then hold them as qualified retirement investments; When we mentioned "qualified retirement investments" above by this, we mean qualified by the IRS for tax purposes.
We also mentioned the qualifying precious metals or, as they are sometimes known, IRA-eligible precious metals. For more details on which precious metals are eligible for inclusion within your Gold or precious metal IRA, click the link.
Gold IRA Investment is one of the most intelligent financial decisions you can make for retirement. Here are some of the reasons why investing in a Gold IRA may seriously impact your retirement savings:
There are three distinct types of old or precious metal IRA as listed below;
With each of the above forms of Gold or precious metals IRA there are several different ways in which you can invest as seen below
It is also possible to rollover some existing retirement plans like the 401k, 457b plan or 403 in to a Gold IRA without incurring any tax penalty.
Once you have decided to start investing in a Gold or a Precious Metal IRA you first need to choose the best firm to help you on this journey.
The whole purpose of this site is to review Gold IRA investment companies and help you decided which companies are the best Gold IRA companies in the sector to meet your needs.
After many years of research using our tried and tested review methodology we present below our top three recommendations. If you would like to get each of the companies in-depth guides in to making an investment in to a Gold IRA please click on the relevant buttons below.
Best Overall Precious Metal Provider
Best Gold IRA Based On Price
Most Reliable IRA Provider
It would help if you got a gold IRA guide because a gold IRA guide provides information about how to invest in actual physical gold through your Self Directed IRA account. It can also be helpful because these sites answer practical questions such as where do I buy gold from, what is the storage process like for precious metals purchased or sold through an SD gold IRA, or how long does it take to get money out after choosing withdrawal options such as five years or ten year IRA withdrawals. On some websites, you might even find links that provide discounts on precious metals, storage, and other services required by law.
Many people are interested in using a self-directed gold IRA to buy physical gold or other precious metals because gold and precious metals are seen as a safe investment haven that retains its value over time, protecting against inflation, stock market crashes, and economic downturns. A self-directed gold IRA is also called a 'gold IRA' because the IRS restricts investments into real physical precious metals that can be held inside it - you can't put other types of assets into this type of IRA, such as stocks or bonds. However, you CAN purchase any form of actual physical precious metals through your Self Directed IRA that are approved by the government.