Gold IRA 101: What It Is and Why It’s One of the Smartest Ways to Help Protect Your Retirement Savings
The 2008 financial crisis left a lasting impact, with many still vividly recalling the devastation of seeing their retirement savings vanish. In today’s climate of global inflation and post-election market volatility, Americans are increasingly seeking ways to protect their nest eggs.
A Gold IRA may offer a smart strategy to shield your retirement savings, which could provide a tangible hedge against instability and help ensure your hard-earned wealth stays secure.
First, a quick refresher on what a Gold IRA actually is
A Gold IRA is a self-directed retirement account that allows you to invest in physical gold, silver, and other precious metals. Unlike traditional IRAs, which rely on paper assets like stocks and bonds, a Gold IRA may extend the stability of some tangible assets that are securely stored, helping shield your savings from market volatility and economic fluctuations.
Why a Gold IRA could be a smart move for you
When planning for retirement, safeguarding your hard-earned savings is essential. Here’s how a Gold IRA may help:
- Tax Advantages: With a traditional Gold IRA, contributions are tax-deferred, allowing your assets to grow without immediate tax obligations. Taxes are only applied at withdrawal as regular income. A Roth Gold IRA, while not offering upfront tax deferral, allows for tax-free withdrawals in retirement. Both options may help you manage taxes strategically—either now or in the future.
- Portfolio Diversification: Including precious metals like gold in your retirement portfolio adds diversification, which may help to reduce reliance on traditional assets like stocks and bonds. This strategy may minimize exposure to market volatility and provide a more stable foundation for your investments.
- Store of Value: Gold has a proven track record of retaining value over time, making it a potential safeguard against inflation. Its ability to hold value during economic uncertainty adds another layer of security to your retirement strategy.
How to set-up your Gold IRA account with Preserve Gold
Preserve Gold simplifies the process of setting up a precious metals IRA with just three straightforward steps:
- Set up your account: A dedicated precious metals specialist will guide you through completing the required paperwork and opening your self-directed Gold IRA account. If you’re rolling over funds from an existing IRA or 401(k), they’ll ensure the transition is efficient and hassle-free.
- Fund your IRA: Once your account is open, funds can be transferred to your new IRA in as little as three days.
- Purchase your metals: Your Preserve Gold specialist will assist you in selecting from a range of gold and silver bars, coins, and rounds. All your new assets will be securely stored in an IRA-approved depository.
Why should you choose Preserve Gold?
Preserve Gold is one of North America’s leading precious metals firms. The team brings over 35 years of combined expertise in the gold investment industry. What really sets Preserve Golad apart, is their emphasis on transparency, commitment to compliance, and customer-focused service to support individuals in protecting their financial assets.
- Hundreds of 5-star Reviews across multiple platforms like BBB, Google, and Consumer Affairs
- Zero IRA fees for up to 5 years
- Zero Liquidation Fees and Highest Buyback Prices Available
- Will Meet or Beat Any Competitor’s Pricing
- Dedicated Account Support
- Continuous Client Education
- Trusted by Dr. Phil, Howie Mandel, Kirk Cameron, and others
Learn how precious metals can help protect your wealth with this FREE precious metals guide from Preserve Gold—click here to learn more and get your free information guide.
Sponsored by Preserve Gold
Preserve Gold’s Disclosures and Disclaimers:
*Offer: $15,000.00 in free gold and silver is only available to new customers who make a qualified purchase or account rollover. Call for details.
All investments carry risk. Some of those risks associated with precious metals include the following. Prices may rise or fall, which means that the value of your metals may go up or down and you may sell for more or less than you paid. Past performance does not guarantee future results. Preserve Gold cannot guarantee or promise future market movement, prices, or profits. Even though Preserve Gold and its representatives are precious metals specialists, we are not licensed financial advisors and do not give financial advice. Additionally, Preserve Gold cannot provide tax or legal advice and will not advise on the tax or legal consequences of buying precious metals or opening a precious metals IRA. Individuals should consult with their legal, investment, or tax professionals for such services.
The information provided on this page is for educational purposes only and is not intended as investment or financial advice.