A gold IRA investment is great for those who want to invest in gold as part of their retirement planning strategy. But if you’re new to precious metals IRAs, then you probably have many questions.
Unfortunately, if you’re currently working, your employer’s human resources department won’t have many answers for you. Most employer-sponsored 401k plans are extremely limited in their investment options. And, chances are that even the brokerage that manages those accounts won’t be able to help you.
If you’re looking for information about a gold IRA investment, then you’ll want to talk to a leading precious metals company, like Birch Gold Group. We specialize in gold-backed IRAs, and our knowledgeable Precious Metal IRA Specialists are happy to answer all the questions you have.
To point you in the right direction, here are some frequently asked questions about gold IRAs, along with the answers you’ve been looking for.
Common Questions about a Gold IRA Investment
What is a gold IRA?
A gold IRA is similar to any other IRA, except it is backed by investments in gold or other precious metals.
Why would I want one?
Gold IRA investments are popular among those who want to add protection to their retirement savings. By placing physical gold in an IRA, investors aim to shield their money from threats such as the declining dollar and instability in the stock market, while staying on track toward their retirement goals and maintaining the tax benefits of a retirement account.
What kinds of gold can I add to an IRA?
A variety of gold assets are approved for IRAs, such as the popular American Eagle gold bullion coin, as well as the proof version of the coin, which gets its value from additional factors, such as its scarcity, age and condition. Gold bars and several other coins minted in other countries are also approved, provided they meet eligibility requirements set by the IRS.
What if I want to hold onto some stocks?
You absolutely can. A precious metal IRA is a self-directed retirement account that allows you to allocate funds toward a wide variety of investments, including stocks, mutual funds and real estate, just to name a few.
Can I roll over funds from another retirement?
Yes. If you have an eligible 401k or an IRA, you can easily roll over funds into a new gold-backed IRA.
Do I have to worry about storing my gold somewhere?
No – When you buy gold specifically for placement in an IRA, your assets are secured by an approved metals depository or vault.
How do I choose my gold?
If you’re not sure which types of gold to buy, the specialists at Birch Gold Group can help. We’ll provide information on all your options and make recommendations that are suited for your individual situation and goals.
How easy is it?
Extremely easy. From the initial account setup to selecting your gold, Birch Gold Group makes the entire process simple and quick. We’re here to answer all your questions and we can even assist you with the paperwork.
Take the first step today by contacting Birch Gold Group. Get a free investment kit by filling out the form on this page, or call us at (800)355-2116 to find out if a gold IRA investment is right for you.