Gold IRA: Smart retirement investment or not?

gold ira accountWith the current government shutdown, economic market conditions, and fear of inflation, many individuals are searching for answers when it comes to protecting their retirement savings.

This is a question that few people have the answer too.

Why? Because financial experts and wealthy individuals are keeping these answers to themselves in fear of a increase in demand and shortage in supply. They understand the value of these assets in times of turmoil and collapse.

Luckily, we have discovered their secret: Physical Gold & Silver! Before it was literally impossible for regular individuals to capitalize on obtaining precious metals, but luckily with the invention of the self-directed IRA, it has became a reality.

Protect Your Retirement with a Silver & Gold Backed IRA

The fact of the matter is, if you currently have an IRA or 401(k) that is purely locked into one asset class, most likely mutual funds, you are in dire risk of losing all of your hard earned savings from things like currency devaluation, inflation, or even the government taking your money in an effort to pay down the rising $18 trillion debt deficit.

Luckily, you have the ability to change the outcome by doing a simple IRA rollover to add diversification to your retirement account by adding precious metals. We explain how to do this below in 3 simple steps.

What is a Gold IRA?

A gold IRA or precious metals IRA works in the same capacity as your current IRA or 401(k), only these accounts allow you to hold precious metals like gold, silver, and palladium in the account for diversification. This is important because your entire retirement will not be based off of just one asset class. It allows you to hold gold coins or bars that are approved by the IRS.

These precious metals are normally stored in a depository like Brinks or the Delaware Depository for your safety. You will also have the flexibility to decide how much of your retirement is invested in these precious metals and can continue to add more overtime.  This vehicle allows regular people to participate in one of the investments of the wealthy.

Quick Links:

Reviews of Leading Gold IRA Companies: We put together a comparison chart of all of the precious metals gold companies that we researched and reviewed

Factors to Consider When Investing $250,000+: If you are planning on doing a rollover for a large sum of money, this is a must read article.

How the Gold IRA Rollover Process Works: This in an infographic that we put together that breaks down the entire gold IRA rollover process

Reasons to Consider Rolling Over Your 401(k): If you currently own a 401k plan, this is a must read, as it provides 5 reasons to do a gold IRA rollover.

Gold IRA Rules: Guidelines of the IRS: This is a list of rules that are set by the IRS that need to be followed to avoid tax penalties and fines.

What is a Self-Directed IRA?

The way that a gold IRA account is established is through an account called a self-directed IRA. This type of account gives the IRA account owner more control over the investment decisions on behalf of the retirement plan. Investments such as real estate, precious metals, bonds, stocks, and mutual funds can be held under this type of account. IRS regulations require that either a qualified trustee, or custodian, hold the IRA assets on behalf of the IRA owner.

A “Tax-Free/Hassle-Free” Gold IRA Rollover

Our chosen IRA custodian that we recommend in the IRA rollover process is Regal Assets.  This company continues to exceed the expectations of it’s customers by maintaining a 5 star rating with the Better Business Bureau, 5 star rating with Trustlink.org, and making the Inc. 500 List as one of the fastest growing companies in the financial services category. Their customer testimonials on their website solidifies all of these great accomplishments.

Make sure that you read our detailed review of them by clicking here.

Even if you have a 401(k), 403b, 457b, annuity, or pension plan, you still qualify for a tax-free gold IRA rollover, which is a tremendous value since you won’t be losing any of your savings to taxes. All it takes is speaking with a IRA specialist, calling the 800 number on the website, or simply filling out the form on the right with your name, email, and best phone number and you will be contacted within 24 to 48hrs to answer any question that you might have about the process.

NOTE:  They waive all 1st year setup and admin fees for new customers.  Just click here to grab your free gold kit.

Which accounts are Eligible for Rollover into a Gold IRA?

The accounts below are all eligible for a gold IRA rollover:

  • Roth IRA
  • Traditional IRA
  • SEP
  • 401(k)
  • 403(b)
  • TSP (Thrift Savings Plans)
  • Some annuities
  • Pension plans

(Others may apply, please speak with a Regal account representative)

10 Reasons to Invest in Gold

  1. portfolio diversification
  2. inflation hedge
  3. currency hedge
  4. risk management
  5. supply constraints
  6. history of maintaining its value
  7. deflation
  8. geopolitical uncertainty
  9. increasing demand
  10. tangible assets

Just What is Gold’s Projected ROI?

Let’s say you had invested $33,000 in a gold IRA in 2002. Flash-forward eleven years, and your account value would have peaked somewhere around $200,00 in today’s standards! Not too shabby!

growth of gold since 2004

What types of metals can be held in a Gold IRA?

There are only certain types of bars and gold coins that can be held in your IRA account based upon regulations set by the IRS. For a full list of all IRS approved metals, see below.

Below is a list of some of the most popular coins and bars recommended for IRA accounts:

  • American Eagle Gold Coins
  • Canadian Maple Leaf Coins
  • American Buffalo Gold Coins
  • Austrian Philharmonic Gold Coins
  • PAMP Suisse gold Bars

The fineness requirements for metals are bulleted below:

  • .995 gold
  • .999 silver
  • .9995 platinum
  • .9995 palladium

(Note: IRA custodian cannot buy or sell metals from a disqualified individual (you, spouse, family members)

How long should I keep Gold in my IRA?

Each situation is unique and should seek expert financial advice to determine how long you should hold gold. Usually gold is seen as a long-term investment, but it is important to understand that every investment comes with associated risks. Market and economic conditions can also influence the decision of how long gold should be kept.

Where is the Gold in my IRA Stored?

Depending on what IRA custodian you choose, it will be either held at the Delaware Depositary or Brinks Storage. Regal Assets is the only custodian that provides Brinks storage, which are held in a segregated storage, which is very important to the security and protection of your metals.

How do I liquidate a Gold IRA account?

The great part of a gold IRA account is the fact when you start taking distributions out of your plan you can either take physical possession of your metals or liquidate them for cash.  This is a tremendous value and great option to have when you plan on making withdrawals from your account.

Why Regal Assets over any other company?

Why should you choose Regal Assets over other companies?  Four main reasons, experience, buy back program, stellar reviews, and asset preservation.

1. For the target clientele of IRA custodians such as Regal Assets, experience in handling IRAs is most important consideration since these entities would be handling funds that will support them in their retirement years. Asset preservation is understandably the other important concern. Given the continued volatility of the financial markets, safe havens that ensure asset preservation are what most, if not all future retirees want.

2. When purchasing precious metals for your retirement plan, it is important that you have the ability to quickly liquidate your metals when you need access to your capital. Regal checks all of the boxes in this area, as they won’t charge you additional fees like other custodians do when you try to sale back your metals. They want you to profit as much as possible, so they will buy back your metals at the current spot price of that metal. Is this something that is very rare in this industry and something that you should take advantage of.

3. The thing I love about Regal is they really care about their customers. They currently have some of the highest ratings and reviews in the entire precious metals industry. They even beat out companies that have been in the industry for over 20+ years. Testimonials giving by other customers are very important and something that you should spend some time researching before setting up a gold IRA account with any company.

4. It is clear that Regal Assets checks all the boxes as far as these considerations are concerned. They have the longest experience in the field of gold IRA’s and gold IS the ultimate safe haven. On the basis of the requirements presented above, Regal Assets is in fact the only choice for those who wish to move their IRAs into gold.

Next Steps You Should Take

This is how you request more information from the dealer I have been talking about in this review.

Step #1.) Visit the Regal Assets website at www.RegalAssets.com

Step #2.) Find and fill-out this form to request free gold kit:

request-information

Step #3.) A precious metals specialist will get in touch with you and send your investors kit by mail.

Note: They also have a digital version of this kit. Ask for it by phone and they can email it to you.

Here is what you will receive in the kit:

  1. a booklet on the history of gold
  2. special edition of Forbes
  3. documentary DVD
  4. brochure explaining the services they offer
  5. and the paperwork for setting up a gold IRA account.

We recommend that you take a look at the investor kit from this dealer. Or at the very least, get on the phone with them and see if they are able to answer any questions you have right now.

Now that you had the opportunity to understand the value of owning a gold IRA, it is important that whichever company you choose is very reliable in protecting your retirement savings. Our team’s clear pick is Regal Assets due to their transparency, customer service, reliability, storage fees, and their ability to protect our retirement assets.

They definitely pride themselves on being first class, delivering on their promises, and making sure that their customers are satisfied with the end product. They also offer a 7-day delivery guarantee, which is rare when it comes to shipping gold.

Click on the image below to request your gold investment kit that they offer free to new potential customers.

free gold ira kit

What If I Have More Questions?

If you have some personal questions you would like to ask me before speaking with any company that you are thinking about, you can just shoot me an email at admin@personalincome.org and I will normally respond within 24 hrs.

It’s sometimes good to speak to a third party person not associated with any company, so that you can get your questions answered with honesty and experience.

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