The Benefits of a Gold and Silver Rollover IRA
leur explication Protecting your retirement savings by converting them to precious metals is more important than ever in these uncertain economic times.
voir ici With the looming threat of hyperinflation and the declining US dollar many people are seeing their retirement assets lose value at a historical rate.
The good news is that those who are investing in precious metals, such as gold and sliver, are not only securing their assets; they’re also seeing a http://planetapaz.org/noticias-olaneta-paz/noticias-2016/1611-lea-el-nuevo-acuerdo-de-paz-nuevoacuerdodepaz positive ROI (return on investment) in many cases.
Owning Physical Assets vs. Financial Assets
A physical asset is something such as real-estate, gold, or silver bullion while a financial asset is something like stocks, bonds, or having money in a savings account at the bank.
Thanks to the troubled economy many financial assets are suffering from market and currency volatility. Some physical assets, such as real-estate, have suffered as well.
Amongst the financial chaos precious metals such as gold and sliver have not only retained their value, but have actually risen in value in some cases.
This is because a Gold and Silver IRA Rollover protects your savings against the following:
- Currency fluctuation
- Economic recessions
Gold vs. Silver
You may be wondering why silver is being mentioned in this article instead of just focusing on gold.
While it is true that gold is more popular and the more well-known investment option of the two, best gay dating site new york silver has some unique benefits that you should consider as well.
The best thing about investing in silver is its comparatively low value per unit to other precious metals.
In other words…
…silver is much more accessibly to individual investors than higher priced precious metals.
This means that you can invest the same amount of money into silver but have many more options when it comes to buying and selling due to its lower price per unit.
Another major benefit of investing in silver as well as gold is the fact that the values of both tend to fluctuate.
By having a Gold and Silver Rollover IRA you ensure that you are always in a position to take advantage of any increase in value of the two.
How to Avoid Tax Penalties by Rolling Over Existing IRAs into a Gold and Silver IRA
One of the biggest concerns you may have about starting a Gold and Silver Rollover IRA is the fact that you don’t want to have your current IRA lose its tax deferred status.
The good news is that a qualified precious metals custodian can help you to “rollover” your current assets into a Gold and Silver IRA without suffering any tax penalties.
In the end, converting your existing assets and IRA into a Gold and Silver Rollover IRA is the safest and most secure method of protecting your retirement savings from various economic factors which can cause major financial losses.
WARNING: there are a few stipulations so you must make sure you have a trustworthy and competent custodian to help you when you do the rollover.
Doing a rollover incorrectly can cause you to lose your tax deferred status and result in heavy penalties that can harm your savings just as badly as any economic turmoil.
This makes having a trusted custodian with an exceptional track record to manage your Gold and Silver Rollover IRA extremely important.
If you’re interested in protecting your retirement savings from hyperinflation, the declining US dollar, and other chaotic economic factors…
…my top recommended precious metals custodian is the highly accredited precious metal IRA company Regal Assets.
Regal Assets has been serving people like you for over 50 years and has a 5 star rating (the highest score possible) on TrustLink’s consumer review website. They focus on your individual needs and work to safeguard your investments while maximizing your profits.
Click Here for free information on how Regal Assets can help you protect your savings with a safe and secure Gold and Silver Rollover IRA.