Make a Smart Investment with Precious Metals – Everything You Need to Know about Gold IRA
The only thing that’s constant in this unstable world is change, and this principle applies to nearly every facet of the society we live in.
A prime example of this would be the modern day economy. Ever fluctuating and unstable, it has become difficult for those on their way to retirement to choose where they should invest their lifesavings for the best possible profits and outcomes.
Conditions have gotten so bad, in fact, that some even choose to just hide their funds away instead in fear of potential losses.
Yes, it can be hard to choose the right investment, but did you know that there is still a stable and reliable way for you to make the most of your retirement funds? Gold individual retirement accounts are the ideal option for those seeking to secure a stable investment that’s as good as, well, gold!
What is a Gold IRA?
A gold IRA is an individual retirement account much like any other IRA. The main difference is that gold IRAs make use of gold and other precious metals as assets instead of paper assets which are common among regular IRAs.
Gold IRAs have become a popular investment option among many individuals seeking to make the most of their retirement funds for an extensive list of reasons.
Is Gold the Only Physical Asset in a Gold IRA?
Gold is the standard when it comes to value, but there are other precious metals that you can invest in as an asset for your gold IRA. Silver and platinum are also popular choices among those who want to make the most of their retirement funds.
When choosing the right precious metal for your gold IRA, you should be sure to make the right research as there are some metals that are much less stable. That means they might cost a high value now, but can plummet and change in the future. If you want to invest in a stable precious metal, Regal Assets recommends that you stick with metals like gold, silver, or platinum.
Some of the most popular assets that can be used in a gold IRA are:
- American Eagle Gold Coins
- Canadian Maple Leaf Coins
- American Buffalo Gold Coins
- Austrian Philharmonic Gold Coins
- PAMP Suisse Gold Bars
Each asset is required to meet the following fineness requirements to be included in a gold IRA investment:
- .995 gold
- .999 silver
- .9995 platinum
- .9995 palladium
Benefits of Investing in a Precious Metals IRA
When it comes to making an investment, you’ll want something that can guarantee future success. Funnelling your hard earned retirement funds into a dead-end venture might have you sobbing over losses in just a short amount of time. Gold IRA investing has proven to be a reliable, safe, and stable investment strategy that has been tried and tested through the years. If you’re wondering why you should choose a gold IRA over every other available IRA in the industry, these reasons just might send you on your way to Regal Assets.
- Prepared with Diversification – The global market is highly volatile and many industries are prone to fluctuating. When you put all your eggs in one basket, you put yourself at risk of incurring great losses when that market suddenly collapses. By diversifying your assets and investing in a gold IRA, you effectively protect yourself from losing all your funds during economic changes.
- Potential for Growth – There is no commodity quite as stable as gold. Countries back the value of their money in gold which is why it has become such a highly sought after asset. While other options like stocks and paper investments fluctuate, falter, and sputter, gold and other precious metals simply continue to climb in value. This is because precious metals, unlike other assets, cannot be reproduced. Demand for gold will always be running high and will never be satisfied because of the strong role they play in the world market. Those who invest in gold IRAs can be certain that their investment will never see losses because of gold’s reputation as the single most stable hard asset in the world.
- Supreme Purchasing Power – When countries mint more paper money than they can afford, they risk pushing the value of their currency down. This is because the value of money is backed on gold and other precious metals. When you don’t have the appropriate supply of these assets, the value of your paper money can be pushed down. The buying power of your currency is only as strong as the gold you have behind it. With that in mind, you can rest assured that when you invest your money in gold IRA, you can secure a stable and strong purchase power regardless of the current status of the currency you use.
- Tax Incentives – Because investing in gold falls under income investments, they are commonly tax-deferred. This means investors can enjoy accumulating interest in their investments for years without having to worry about being taxed. The only instance when a gold IRA will be taxed is when an investor decides to withdraw the investment.
- Staying Power – The reason why we invest is to make sure that whatever wealth we have today will be the same wealth we have tomorrow – plus more. Investing in gold means you can preserve your finances in the form of a stable hard asset that you can trust for years to come. It doesn’t matter what changes happen in the economy tomorrow, what will drive the market by the next month, or what trends will be most valuable in future years – gold will always be the top asset among all others.
How to Choose a Gold Investment Company
Making the most of your gold IRA depends on the gold investment company you choose. These companies are not created equal and there will be significant differences that can affect the profits you make out of your investment.
By taking the time to look into the specifics of the gold investment company you’ve chosen, you can make sure that you’ve got a deal that’s as good as gold.
- Reputation and History – When we make investments, one of the main factors we should consider is the reputation of the company we’re dealing with. There are companies that have been known to sell bad investments to those seeking to get the best out of their retirement funds, causing clients to lose hard earned money. Today, Regal Assets is regarded as the best gold investment company in the market, providing investors with stable assets, ideal agreements, and reasonable terms to ensure that their finances are in good hands.
- Fees and Policies – Have you ever tried reading through the policies that an investment company offers? You’ll be surprised at how flustering it can all be. Regardless of how confusing it might be however, it is essential that you understand the policies as an investor. You don’t want to be surprised by hidden fees and surprise payments in the future. A good gold investment company will guide you through their policies to help you gain an understanding of their terms and whether or not they suit your needs and preferences.
- Secure Storage System – Often overlooked but immensely important. A good gold investment company will offer you storage safety to ensure that your assets are in a safe place at all times. When you discuss your plans with your gold investment company, make sure to ask about segregated storage. This simply means they offer the benefit of storing your assets in your own vault and away from the assets of other investors. In this way, you can easily gain access to your precious metals and liquidate them when the time comes that you’re ready to.
Rollover from Traditional IRA to Gold IRA
Many retirees choose to rollover their traditional IRAs into gold IRAs for the obvious benefits and advantages. A lot of gold investment companies do offer this program, but none of them do it quite like Regal Assets.
Many of the gold IRA investments at Regal Assets actually started out as traditional IRAs.
With a knowledgeable and experienced team of professionals and a speedy, fool-proof rollover process, you can easily turn your traditional IRA into a gold IRA.
The following accounts are eligible for gold IRA rollover:
- Traditional IRA
- Thrift Savings Plans
- Pension plans
- Roth IRA
If for example you’re interested in a 401k to gold IRA rollover, you can contact one of the many reliable and informative Regal Assets account representatives to get you started on the process.
Liquidating a Gold IRA Account
If for example you feel like you’ve made enough with your investment and you want to liquidate your gold IRA account for cash. You can take bullions out of your account and sell them as hard, physical assets.
Because gold will always be in demand, you can be sure that you can easily liquidate your assets whenever you feel that it’s time to. This is particularly ideal for the times when you need instant cash.
The Best Gold Investment Company – Regal Assets
- Experience – When dealing with a gold investment company, you want to make sure that they have the right credentials under their belt. The gold industry is no simple matter and an in-depth understanding of the technicalities and processes involved are vital qualifications a gold investment company should have in order to ensure quality service. Retirees want someone they can trust, someone who won’t sell them into a bad investment that could cause losses in the future. By choosing an experienced gold investment company like Regal Assets, you can be sure that your funds are in good hands.
- Easy Liquidation – One of the most frustrating things you’ll ever have to go through as a gold investor is struggling to get your hands on your assets when you finally decide to liquidate them. Some gold investment companies will make it difficult for you to liquidate with complicated policies and expensive additional fees. When you choose Regal Assets, you can be sure that you can liquidate your precious metal IRA whenever you need to, thanks to their accessible storage security system and their transparent investment policies. You won’t have to worry about hidden charges or fees, and you’ll be able to make the most of your assets when you finally decide it’s time to.
- Satisfaction Guaranteed – Who wants to deal with a difficult investment company? Many retirees will agree that they’re not 100% aware of the technicalities and specifics of gold investing. That makes it challenging to understand policies and terms, especially if the investment company you chose isn’t accommodating and reliable. Regal Assets has the best reviews of any gold investment company in the industry today. Their highly knowledgeable, friendly, and responsive team of account representative are fast to respond to client concerns. What’s more, Regal Assets prides itself in its ability to give the right information to their clients right from the get-go, ensuring that investors aren’t left in the dark about the specifics of their investment. Understand exactly what you’re getting yourself into and know where your funds are going when you deal with Regal Assets.
Gold Individual Retirement Account – The Golden Standard
When making an investment, it’s important to make sure that you’ve got stable assets and a reliable investment company working with you.
These are two of the main considerations any potential investor should look into before jumping into an agreement. Both of these are aptly satisfied by the high level of service that Regal Assets provides its clients.
With a trustworthy team of account representatives, years of experience in the industry, an easy-to-understand list of policies, and a stable asset to back their service, you can be sure that you’re in good hands. Don’t settle for anything less – choose Regal Assets, the gold standard in gold IRAs.