A gold IRA account is an individual retirement account where you can hold gold, silver, platinum or palladium as a retirement investment. A gold IRA account can hold precious metals in the form of coins or bullion. It is called a gold IRA, but investors may also add silver, platinum or palladium within their account. A gold IRA account can only be opened through an IRA company or a precious metals broker that specializes in setting up an IRA for investors.
GoldCo is an A+ BBB rated company in California that offers IRA approved precious metals. They are professionals that can help you roll over your IRA into gold or silver, find the best custodian for your precious metals, and then ship your metals directly to a depository. GoldCo has 16+ years of experience helping customers setup a gold IRA.
Birch Gold Group is an A+ BBB rated company in California that offers a wide range of IRA approved metals. They offer various storage locations from Equity Trust, Goldstar Trust and STRATA Trust. They have 15+ years in the business and over 7,000 satisfied customers. They are a trustworthy gold IRA company that offers 1-on-1 care.
A gold IRA account can only hold precious metals in physical form that are stored at an IRA approved facility. There is a custodian that handles all of the precious metals within your account. Precious metals within your IRA cannot be stored at your home, in a personal vault or at a bank. The IRS has specific rules that must be followed when setting up a retirement account, but a gold IRA account does offer some unique tax incentives to investors.
Investors may want to setup a gold IRA account to diversify their assets. If their is a financial crisis that affects paper currency, gold and other precious metals should keep their value or they may even rise in value. Investing in precious metals is just another way to help safeguard your long-term assets for retirement. Don’t put all of your money into one type of investment.