This post will go into just how, exactly, a Gold IRA works. The younger generations are more fortunate in the aspect of several options available for a lucrative retirement. The US is now experiencing many more seniors who are able to use Gold IRA investments for their retirement years. See the infographic above for a more “visual explanation” and don’t forget to get your FREE 2014 updated gold IRA investment kit from the special webpage listed above.
Retirement will always be an important time for anyone as this is the stage to utilize saved up investments and wealth that have been accumulated from years of working.
How a Gold IRA Works And Reasons to Invest in Gold
Many financial investments have the ability to generate an adequate amount of profits. However, they will always be influenced in regards to the state of the current dollar. Many economic problems cause the dollar to fluctuate. It is therefore advisable to carefully consider where to invest ones money.
Gold coins or gold bullion investments do not depend on the dollar, and the value continues to rise regardless of external circumstances. Devaluations in gold are apparent, but will not reduce the gold’s worth opposed to paper investments.
One of the important factors in a fruitful investment is to make certain IRA investments are diversified. This will mean a balance between CD’s, stocks and precious metals. Various individuals choose only one route, it is more advisable to handle an IRA to ensure equal levels of growth and higher profits are obtained. Sticking to one option can mean individuals lose out on other investment opportunities.
Gold IRA’s are an extremely safe option for an investment and this allows for gains on the individuals portfolio investment. The unique characteristic of gold is its ability to retain worth. Gold funded IRA’s are the safest option available today for individuals to use when planning for a retirement.
There are different types in regards to physical gold, the two that are accepted by the IRS for IRA purposes will be gold coins and gold bullion. The coins need to have a fineness of 0.9999%, and will need to have a legal tender. Acceptable coins will include the Australian (Gold Nugget), Canadian (Gold Maple Leaf), American (Buffalo) and the American (Gold Eagle).
When an account holder turns 59, the individual is allowed to sell his or her gold assets, the proceeds will be taxed according to the tax relating to capital gains. Gold sold before this age will incur a penalty fee of ten percent. It is important for people planning for their retirements to be aware of the fact that they are able to own more than one IRA account. This option opens up more doors to a healthier retirement.
Gold IRA accounts are incredibly easy to setup and provide individuals with various benefits on their retirements. To ensure a viable opportunity in saving for retirement purposes, gold is the ultimate choice. The main benefit in investing in gold is the opportunity for growth, this can leave seniors looking forward to their retirement years once they stop working. A consultant in IRA investments can guide individuals in making more informed choices on their investments for their future years.
For the most up to date 2014 Gold Investment information you have 3 options:
- Complete the handy form to the upper right
- Or, Use the special webpage listed on the infographic above for more detailed information
- Or, Call Regal Assets directly at 1-877-960-1885