There are many approved gold & silver IRA rollover custodians, but only one company has been consistently rated the #1 for the past 5 years. To be contacted back by their expert team and be sent a free precious metal IRA investing kit just fill out the form below. Using a tax free 401k to gold or silver IRA is a wise move.
Did you know that in the last 20 years the gold market has outperformed the stock market by a ratio of 4 to 1? Right now the stock market is at an all-time high at over 15,000 while gold and silver are at year and a half lows. This means there is a tremendous opportunity to transition out of one asset at a high into another asset at a low.
Approved Gold & Silver IRA Custodians
Learn why you need to protect your retirement account from the volatile economy and stock market. If you have not already done so, complete the form for your FREE precious metals investment kit and the book Aftershock from Regal Assets.
Rolling over a gold 401k is not easy to do on your own, which is why it is a very good idea to work with gold IRA companies that have experience doing this type of work. A good gold IRA company is able to transfer the funds to a new account directly so that you do not incur any penalty fees for withdrawing money from your 401k account.
A person who does not have a 401k account can easily start a gold 401k. The first step is to choose a good custodian, as an investor is not permitted to manage his or her own account. A good IRA custodian should have experience in managing gold and/or precious metals based accounts and should allow you to choose which storage facility to use and which forms of gold to purchase.
Creating a gold 401k can be complicated for a person who is not familiar with the process. Those who are working for an employer may in fact not be able to roll over their funds into a gold 401k account until after having left work. However, what is important to realize is the fact that creating gold based IRA retirement account is easy to do. Regal Assets will do all of the heavy lifting! Following is some important information regarding investing in gold and creating (or rolling over to) a gold 401k.
Why Gold & Silver in your IRA
Unfortunately, investing in ETFs and mining stocks is not the same as investing in precious metals. Precious metals are tangible assets. ETFs are like any other paper asset, they’re susceptible to the same factors of volatility of the stock market, inflation, company earnings and corporate fraud. These are the very things you’re protected from when you invest in gold.
However, very few institutions are set up to handle the precious metals component of retirement plans. Since financial advisors are only licensed to recommend publicly traded securities, they, as a result, haven’t received extensive training on them.
Roll Over 401k To Gold Ira
With the mounting global economic crisis and our domestic debt and deficit issues, many savvy investors are converting 401k monies into precious metals, espeically gold. In order to do so, you must first you must check the terms and conditions of your existing accounts. If they do not allow for gold and other precious metals investments it may necessitate rolling your funds into a self-directed IRA. Keep in mind that some plans have roll-over penalties and others do not allow accrued dollars to be moved at all unless an exemption is cited like leaving employment or financial hardship. The key is to get the funds released and set up an IRA with the option to purchase precious metals. Smart investors are placing both physical gold and silver in their Individual Retirement Accounts (IRAs). Gold and silver have become important options for hedging against increasingly likely global economic collapse.