How’d you like to be sitting on an investment with a record of outperforming the stock market by 400%?
Had you purchased gold a decade ago that’s exactly what you’d have today. Since 1999 the price of gold has risen over 500% and many analysts believe that gold is still undervalued!
Some experts believe that gold could soon rise by another 50%.
Yet despite being one of the market’s best performing areas, this is only a part of gold’s story.
As the national debt ceiling inevitably rises, the dollar diminishes and the price of gold increases. Today, our government’s debt is the highest it’s ever been. The reality is the dollar can no longer be considered the storage of wealth it once was. Gold, on the other hand, has been a safe haven for wealth for over five thousand years.
Because gold isn’t a paper asset, gold isn’t subject to the kinds of dilutions and devaluations of other investments. Gold is a tangible and finite resource. Gold can be easily stored, accessed, and hidden by the person who owns it. And unlike other investments, gold is liquid. Gold has long proven itself to be a reliable hedge against inflation: There is no better wealth insurance. No other investment affords you the same range of benefits as gold.
If you’ve never before invested in gold or other precious metals, you may be concerned that the process is mysterious or complicated. The truth is it can be easy but there are important things every investor should know.
If you already have a traditional or Roth IRA account then you already know all you need to know.
The Gold IRA rules are the same: The account owner can make annual contributions of a $5,500 maximum and take distribution at age 70 and a half. At the time of distribution the owner can take possession of the metals or sell them and cash out if desired. With a self-directed Gold-backed IRA, you are in control of your wealth.
The first thing you need to understand when it comes to transitioning from a traditional paper-based IRA to a self-directed precious metals IRA is that in most cases it is a quick, easy, seamless transition.
One thing that you may notice right away when you have a precious metals IRA is that you now have a tangible asset or a physical currency in your retirement account instead of a piece of paper or a promise to pay. The tax treatment of gold in an IRA is the same as a traditional IRA.
The fees for a Gold IRA will include custodial and documentary fees as well as insurance and storage for your metals. With a $25,000 investment, we will cover your annual fees for your Gold IRA, a $250 value, for up to three years. Your precious metals will be stored in a secure and insured depository until the time you take distribution.
To learn more about the Tax treatment of gold, bullion or gold coins in IRA can yield the best tax benefits, and other questions about investing in the best Gold IRA for you, we recommend you download our free guide “The Secret to Successful Gold Investing.” This report will give you all the information you need to buy gold in an IRA and begin investing like an expert.
