Did you know that many 401k’s are eligible to be converted to an IRA backed by gold and silver? It’s true: If you have a 401k that’s under the management of a previous employer or if you’re over 59 1/2, in most cases you can move your retirement savings to a Precious Metals IRA – without any tax implications or penalties.
By transferring an old 401k to gold and silver, you’re moving to a Self-Directed IRA, which often means that you have more control over your investment options. Plus you have the peace of mind that your retirement is stored in hard, tangible assets, which can provide protection against the dollar’s continued loss in value and stock market volatility.
The process of moving your 401k to precious metals may seem daunting to some, but it doesn’t have to be. To learn about how you can get started, and some of the steps that you will need to take to convert your 401k to gold and silver, read our informative articles below. And when you’re ready to learn more, give us a call at (800) 355-2116. As the Precious Metal IRA Specialists, Birch Gold Group’s qualified IRA department can help you every step of the way in transferring your 401k to a gold IRA, including taking care of all the paperwork.