Gold and Silver IRA Rollovers
Precious Metal IRA
Our clients value their retirement, commonly referred to as their "golden years," and strive to protect their funds from future economic crisis; therefore, many are now depending on a Gold and/or Silver individual retirement account. Traditional individual retirement accounts rely largely on select stocks, bond and/or mutual funds for their worth but, since these funds are closely interconnected with the economy, the value of individual retirement accounts could potentially drop when the economy is in crisis. Retirees don’t want their retirement funds diminishing along with the economy! Banks and the government are often less influential on the value and performance of gold and other precious metals; so many clients are interested in utilizing their current individual retirement account for a silver or gold IRA rollover. In fact, many analysts believe gold and silver are set to increase in worth, even during uncertain economic times. Lear Capital can help you today with your gold IRA rollover and/or silver IRA rollover.
A Simple Precious Metal IRA: Gold and Silver
Adding precious metals to your current individual retirement account is a simple process. When you open a Gold / Silver IRA, it is established as a Self-Directed individual retirement account. A Self-Directed IRA is a retirement account that allows account holders the freedom to invest in alternative assets such as precious metals like gold and silver.
You can choose to transfer your entire individual retirement account, or any portion of it, into a new Self-Directed Gold / Silver IRA. This common practice is known as a “Direct Transfer”. The Direct Transfer is a tax-free and penalty-free transaction, since you are simply moving funds from one IRA custodian to another custodian. In some cases, you can also rollover your IRA or 401(K) and redeposit the funds into the new IRA account within 60 days. You may roll over the same money once every 12 months to preserve the tax-deferred status of your retirement savings.
Benefits of Investing in Gold
By investing in physical gold, you will enjoy many benefits. Gold assets are often safeguarded from many potential obstacles, therefore making your gold investment more stress-free.
- Gold may not suffer from future currency devaluations.
- As inflation rises, purchasing power could be preserved when you have physical gold investments.
- If a severe banking crisis occurs, your gold investment may offset any negative effects.
- The price of gold is up over the past 10 years.
- With gold in your portfolio, your wealth may be better insulated should a global economic crisis occur.
- Gold potentially safeguards against the uncontrolled actions of governments, who try to solve their excessive debt with huge money printing.
- Investing in gold may not carry all of the same risks when compared to investing in paper assets.
- The trend of investing in gold is steadfast and enduring. Central Banks from all over the world are even buying physical gold. Recently, they have become net buyers of gold!
Which Accounts Are Eligible for a Gold IRA and a Silver IRA Rollover?
Many individuals have old 401(k) accounts or other types of qualified retirement plans from previous employers such as a 403(b), 457(b), Thrift Savings Plan (TSP), annuities or pension plans. These plans can be converted tax-free into a Gold IRA and / or a Silver IRA by requesting a rollover. Our in-house Individual Retirement Account Processing Department can handle all of the details for you, which usually involves contacting the custodian of your plan and instructing them to release the funds directly into your new individual retirement account. To find out if your retirement account is eligible, call us today to speak with one of our specialists. They can assist you with any questions you have about starting your Gold or Silver Precious Metal individual retirement account.
How to Start Your Precious Metal Gold/Silver IRA Rollover?
The experts at Lear Capital have been helping clients hedge their savings with gold and silver for over a decade. More Americans are turning to Gold or Silver IRAs because they combine a physical, tangible asset with the modern tax-advantaged features of an individual retirement account. Precious Metal IRAs also help diversify against the volatility and risk of your retirement portfolio. Gold and Silver allow clients to potentially preserve wealth and may even maintain IRA dollars by increasing the store of value of physical metals to your retirement.
Lear Capital has streamlined the Gold or Silver IRA process into 3 Easy Steps!
Step One: Complete our IRA Account Form
Step Two: Determine your opening investment amount
Step Three: Open and fund your account with Lear Capital
The statements made on this website are opinions and past performance is no indication of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.