An IRA, which stands for Individual Retirement Account, is available to all residents of the United States and is ideal for anyone looking to safeguard their future. IRAs are particularly worthwhile for people who are self-employed, allowing them to emulate the sort of retirement plan that an employer would provide.
Online technology makes Precious Metals IRA's easy. The process in the past was done primarily over the phone. Today you can choose a gold broker first online and automatically be assigned an IRS approved Custodian who oversees the whole process from application, funding/rollover, purchase, and vaulting. It start with the application below:
|Fill out the information on the form to your left. We will send you a confirmation email with a link to the custodian or administrator.
|Click on the link and go directly to the IRA administrator’s website to fill out a self-directed IRA application. When you finish, we will be notified of your account number.
|When the custodian or administrator receives the funds from your prior custodian or any new funding, we are securely and electronically notified of the authorized funds.
|We will send you a quote with the metals that you have specified so you can see how your funds are allocated across metal types.
|When you approve the trade, we will execute the trade and automatically send your shipment to an LBMA approved facility.
IRAs, otherwise known as individual retirement accounts, can be a good start to your retirement savings and another opportunity for your earnings to grow tax-free. But a standard IRA invested entirely in stocks, bonds, and mutual funds is putting your savings at risk. You are relying on the government, on fallible currencies and economies.
This major risks are driving investors to protect their portfolios from crisis and volatility with physical gold and silver. Think of precious metals as the ultimate retirement insurance policy. Precious Metals IRA are a perfect way for investors to diversify their IRA portfolio.
Precious metal IRAs work in the same way that normal IRAs work. Simply put, rather than depositing real money into your plan every now and then, you will convert that money into gold and/or silver and that will sit in your IRA, building your financial future. The IRS limits your choice of coins and bars that are approved for use in a Precious metals IRA. Goldbroker.com will direct you to the right IRS approved products.
We purchase through wholesalers who deliver to IRS and LBMA approved custodian vaults. A custodian which is separate company than the vault manages the account paperwork and follows strict IRS guidelines.
It’s not for us to say whether this is better or worse than a standard IRA. Obviously, in our opinion, it is much better, but that’s all it is, an opinion. We don’t know what the future will hold, and we can’t say for certain whether this would be a better investment than a typical IRA. However, what we can say for certain is that many people prefer precious metal IRAs, and over the last twenty years, they have performed much better than standard IRAs.
As an example, if you set up a standard IRA in the year 2000, your first decade would have looked pretty bleak and even now you wouldn’t be looking at much of a profit. That’s not the sort of outcome that you want and it’s not the sort of outcome that is going to help you build for a better future. However, if you had chosen to invest in a gold IRA with just 10 ounces, costing around $2,500, within a single decade your initial investment would have climbed to around $20,000.
Since then gold has continued to climb, and while there have been dips, much of its growth has been steady and experts predict that will continue for many years to come. So, don’t worry that you missed the opportunity by not investing 10 years ago, and be sure to invest now, so that in ten years you don't look back and regret another missed opportunity.