Category: Investment

The term gold IRA refers to a specialized individual retirement account (IRA) that allows investors to hold gold as a qualified retirement plan. Investors with gold IRAs can hold physical metals such…

You can only buy gold bars with a purity of at least 99.5%. Silver coins and bars must be 99.9% pure; platinum and palladium coins and bars must be 99.95% pure. The…

You could even consider a Roth Gold IRA, which allows you to invest your money in precious metals such as gold, silver, platinum, and palladium. These investments can be a smart way…

A gold IRA can be a traditional IRA, a ROTH IRA, a SEP IRA, a SIMPLE IRA, or an inherited IRA that is self-managed and owns IRA-eligible physical gold coins or gold…

You can’t hold any physical precious metal in a regular individual retirement account (IRA). However, there are specially designed precious metal IRAs that allow you to invest in gold, palladium, silver, and…

The IRS generally prohibits you from investing in collectibles such as metals in an IRA, but there is an exception for certain gold investments. While the IRS can technically allow you to…

Thankfully, a SEP IRA can help. This unique type of retirement account is primarily used by freelancers, contractors, and small business owners (and those who work for them). The account can even…

Luckily, an existing 401k can be converted into gold IRA or other precious metal IRA. However, it’s not a card without leaving jail, and you’ll still have to pay your taxes without…

Open your account and transfer funds Once your account is set up, you can transfer funds from your 401k plan to the new Gold IRA. Again, the process is pretty easy and…

Contribution limits There are three types of Gold IRAs, and how much you can contribute depends on which type you have. To avoid the prospect of not meeting the rollover limit, many…